There are options for clients of Centaurus Financial, Inc. broker Curtis Edmark (CRD# 1596961) who suffered investment losses. He has been registered with Centaurus Financial, Inc. in Greenfield, Wisconsin, since 2017.
In December 2005, the state of Wisconsin opened an investigation alleging “consent order of prohibition was issued based on allegations of acting as an unlicensed securities agent and for selling unregistered securities in the form of viatical settlement contracts on behalf of Beneficial Assurance, Ltd.”
In January 2009, the State Of Wisconsin Office of the Commissioner of Insurance opened an investigation alleging “the commissioner of insurance alleged violations of state statute 628.34 (unfair marketing practices) and administrative code 2.16 (advertisements of and deceptive practices in life insurance and annuities).” He was sanctioned to pay $5,000 in restitution.
Curtis Edmark Customer Complaints
He has been the subject of two customer complaints between 2005 and 2024, according to his CRD report. The most recent complaint was regarding:
May 2024. “In March of 2019, and in May of 2020, the customer alleges that the Registered Representative recommended unsuitable, high-risk, speculative, illiquid investments and breached his fiduciary duty.” The customer is seeking $150,000 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 Curtis Edmark’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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