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James Schrack Of Center Street Securities, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct

Who is James Schrack of Center Street Securities, Inc.?

James Schrack

James Schrack (CRD #2620270) who is currently registered as a broker with Center Street Securities, Inc. and located in Spokane Valley, Washington, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Center Street Securities, Inc., James Schrack was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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James Schrack Customer Complaints

James Schrack has been the subject of 2 customer complaints that we know about to recover investment losses. Both customer complaints are pending in FINRA arbitration proceedings filed against Center Street Securities for James Schrack’s alleged misconduct.

Allegations Against James Schrack

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Advisor recommended an unsuitable alternative investment.
  • Representative recommended an unsuitable investment and GWG L Bonds.

James Schrack Red Flags & Your Rights As An Investor

Of course, James Schrack did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James Schrack at Center Street Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether James Schrack has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Center Street Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Center Street Securities, Inc. Due To James Schrack

If you have questions about Center Street Securities, Inc. and/or James Schrack and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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