DID CURTIS RICHARD EDMARK CAUSE YOU INVESTMENT LOSSES?
Curtis Edmark Of Centaurus Financial, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About Curtis Edmark of Centaurus Financial, Inc.?
Curtis Edmark (CRD #1596961) has a long-standing career in the financial services industry, currently employed and registered with Centaurus Financial, Inc. in Greenfield, Wisconsin, since November 2017. He holds registrations in four U.S. states and has passed three general industry/product exams along with two multi-state securities law exams. Edmark has previously worked with various firms such as USAllianz Securities, Guardian Investor Services Corporation, and Mutual of Omaha Fund Management Company, reflecting a diverse and extensive background in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Curtis Edmark Customer Complaints and Reviews
Curtis R. Edmark has several disclosure events in his record:
- Regulatory Events: Two finalized regulatory events:
- Wisconsin Office of the Commissioner of Insurance (2009): Imposed a monetary penalty and restitution for violations of state statute 628.34 and administrative code 2.16, which include unfair marketing practices and deceptive practices in life insurance and annuities. Total sanctions amounted to $5,000.
- Wisconsin Department of Financial Institutions, Division of Securities (2005): Issued a prohibition order for acting as an unlicensed securities agent and for selling unregistered securities in the form of viatical settlement contracts.
- Customer Disputes: Two disputes, one settled and one pending:
- Settled (2009): Allegations did not disclose all features of a fixed annuity contract, resulting in a $5,000 settlement.
- Pending (2024): Allegations include recommending unsuitable, high-risk, speculative, illiquid investments, and breaching fiduciary duty with alleged damages of $150,000.
Allegations Against Curtis Edmark
- Regulatory Actions:
- 2009: Sanctioned for unfair marketing and deceptive practices related to annuities.
- 2005: Prohibited from acting as a securities agent due to selling unregistered viatical settlement contracts.
- Customer Complaints:
- Settled Complaint (2009): Failed to fully disclose the terms of a fixed annuity, specifically concerning penalties for early withdrawal upon the contract holder’s death.
- Pending Complaint (2024): Accused of recommending unsuitable investments that were high-risk and speculative, allegedly breaching his fiduciary duty.
Curtis Edmark Red Flags & Your Rights As An Investor
Of course, Curtis Edmark 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 Curtis Edmark at Centaurus Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether Curtis Edmark 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 firms’ 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?
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 Curtis Edmark
If you have questions about Centaurus Financial, Inc.and/or Curtis Edmark 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.
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