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Steven Nielsen Of Centaurus Financial, Inc. Has 7 Customer Complaints For Alleged Broker Misconduct

Who is Steven Nielsen of Centaurus Financial, Inc.?

Steven Nielsen

Steven Nielsen (CRD #4184826) who is currently registered as a broker and investment adviser with Centaurus Financial, Inc. and located in Gilbert, Arizona, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Centaurus Financial, Inc., Steven Nielsen was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Steven Nielsen Customer Complaints

Steven Nielsen has been the subject of 7 customer complaints that we know about seeking to recover investment losses. Four of the customer complaints were settled by Steven Nielsen’s current and former employers for his alleged misconduct in favor of the investors. The other 3 FINRA arbitration proceedings filed against Centaurus Financial for the advisor’s alleged misconduct are still pending.

Allegations Against Steven Nielsen

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 unsuitable, risky illiquid investments.
  • Registered representative misrepresented unsuitable investments in breach of its fiduciary duty.
  • Representative improperly recommended a high-risk in illiquid investment involving corporate debt.
  • Client claimed investment was unsuitable and not properly explained to him.
  • Advisor recommended a speculative, high-risk and unsuitable investment.

Steven Nielsen Red Flags & Your Rights As An Investor

Of course, Steven Nielsen 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 Steven Nielsen at Centaurus Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether Steven Nielsen has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Centaurus Financial, 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?

best investment fraud lawyers

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 Centaurus Financial, Inc. Due To Steven Nielsen

If you have questions about Centaurus Financial, Inc. and/or Steven Nielsen 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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