| Read Time: 2 minutes | Centaurus Financial Complaints | News & Articles |


William Dobbs Of Centaurus Financial, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct

Who is William Dobbs of Centaurus Financial, Inc.?

William Dobbs

William Dobbs (CRD #1064156) who is currently registered as a broker and investment adviser with Centaurus Financial, Inc. and located in Clinton, Tennessee, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Centaurus Financial, Inc., William Dobbs was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

William Dobbs Customer Complaints

William Dobbs has been the subject of 8 customer complaints that we know about to recover investment losses. Three of the customer disputes were settled in favor of the investors. The other 3 customer complaints were denied and the customers took no further action. There are currently 2 pending FINRA arbitration proceedings for the advisors alleged misconduct.

Allegations Against William Dobbs

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

  • Advisor provided false information on features of variable life insurance policy.
  • Misrepresentation of premium requirements of insurance policy.
  • Customer was misled, misadvised, and misinformed regarding the variable survivorship life insurance policy.
  • Negligence, negligent misrepresentation, breach of fiduciary duty and fraud.
  • Failure to execute stoploss order.
  • Unsuitable recommendation of high risk in the illiquid investments.

William Dobbs Red Flags & Your Rights As An Investor

Of course, William Dobbs 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 William Dobbs at Centaurus Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether William Dobbs 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 William Dobbs

If you have questions about Centaurus Financial, Inc. and/or William Dobbs 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars