Were you the victim of Centaurus Financial, Inc. broker Stuart Spivak (CRD# 1883651)? He has been registered with Centaurus Financial, Inc. in Scottsdale, Arizona, since 2008.
Stuart Spivak Customer Complaints
He has been the subject of nine customer complaints between 2001 and 2024, one of which was denied, three were closed without action, and one was withdrawn, according to his CRD report. The most recent complaint was regarding:
May 2024. “Without specifically mentioning, calling out or identifying the Registered Representative, the customer alleges that he recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.” The customer is seeking $150,000 in damages, and the case is currently pending. The complaint was regarding direct investments and real estate security losses.
Under 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 Stuart Spivak’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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