Were you the victim of Centaurus Financial, Inc. broker Bart Cutino (CRD# 5397147)? He has been registered with Centaurus Financial, Inc. in Monterey, California, from 2013 to 2021.
Bart Cutino Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2024. “This customer dispute/claim is a “products” case wherein CLAIMANTS allege that RESPONDENT [Centaurus Financial] did not conduct reasonable due diligence on an investment that they approved for their advisors & clients to purchase. The claimants’ original investment was made in April 2019 and the investment company filed for chapter 11 bankruptcy in 2022. Their claim of ‘unsuitability’ is being made in arrears due to the investment company’s recent financial challenges, which were non-existent & therefore unknowable at the time of their investment.” The customer is seeking $230,000 in damages, and the case is currently pending. The complaint was regarding corporate debt.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Centaurus Financial, Inc. may be liable for investment or other losses suffered by Bart Cutino’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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