Erez Law is investigating Centaurus Financial, Inc. broker Lisa Mantei (CRD# 2230735), who is accused of losses from corporate debt and real estate securities. She has been registered with Centaurus Financial, Inc. in Lexington, South Carolina, since 2015. Previously, he was registered with J.P. Turner & Company, L.L.C. in Lexington, South Carolina, from 2010 to 2015.
Lisa Mantei Customer Complaints
She has been the subject of six customer complaints between 2018 and 2023, one of which was closed without action, according to his CRD report:
June 2023. “The Customer alleges that the financial advisor recommended risky, complex, long-term and illiquid investments. No specific dates for the alleged activity were identified in the Statement of Claim.” The customer is seeking $200,000 in damages, and the case is currently pending. The complaint was regarding corporate debt, and it took place while he was registered with J.P. Turner and Company (aka Cetera Financial Group) and Centaurus Financial.
April 2020. “The Customer’s allege that the financial advisor misrepresented unsuitable investment(s). No dates were provided within the Statement of Claim.” The customer sought $128,000 in damages, and the case was settled for $5,000. The complaint was regarding CDs, corporate debt, and real estate securities, and it took place while he was registered with J.P. Turner and Company (aka Cetera Financial Group) and Centaurus Financial.
March 2020. “During the period of approximately 2008/2009 through 2017, the Customers allege that the financial advisor over concentrated their portfolio in unsuitable investments and breached her fiduciary duty.” The customer sought $100,000 in damages, and the case was settled for $5,000. The complaint was regarding CDs, corporate debt, and real estate securities, and it took place while he was registered with J.P. Turner and Company (aka Cetera Financial Group) and Centaurus Financial.
September 2019. “The customers allege that the Registered Representative facilitated, misrepresented unsuitable investments, and breached his fiduciary duty. No dates of alleged activity were disclosed in the Statement of Claim.” The customer sought $57,000 in damages, and the case was settled for $55,000. The complaint was regarding CDs, corporate debt, and real estate securities, and it took place while he was registered with J.P. Turner and Company (aka Cetera Financial Group) and Centaurus Financial.
July 2019. “During the period 2013 through July 2019, customers allege that the Registered Representative over concentrated their accounts in unsuitable and illiquid investments.” The customer sought $100,000 in damages, and the case was settled for $22,500. The complaint was regarding CDs, corporate debt, and real estate securities, and it took place while he was registered with J.P. Turner and Company (aka Cetera Financial Group) and Centaurus Financial.
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 Lisa Mantei’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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