DID MARCO BARTOLO AZIZI CAUSE YOU INVESTMENT LOSSES?
Marco Azizi Of Centaurus Financial, Inc. Has 7 Customer Complaints For Alleged Broker Misconduct
About Marco Azizi of Centaurus Financial, Inc.?
Marco Azizi (CRD #2154719) is an experienced broker currently employed by and registered with Centaurus Financial, Inc. in San Jose, California since July 20, 2016. Over his career, he has been registered with several other firms, including Cetera Investment Advisers LLC, Summit Brokerage Services, Inc., and J.P. Turner & Company, L.L.C., showing a diverse employment history across various states. Azizi has passed one principal/supervisory exam, two general industry/product exams, and two multi-state securities law exams, indicating a strong foundation in securities principles and state laws. He is registered with one Self-Regulatory Organization and licensed in 11 U.S. states and territories, demonstrating a broad reach in the financial services market. His registrations cover both general securities representative and investment adviser representative roles, reflecting his comprehensive capabilities in the financial sector.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Marco Azizi Customer Complaints and Reviews
Marco B. Azizi has several negative disclosures in his report:
- Customer Dispute: 7 incidents reported.
- Disclosure #1 (Settled on 04/08/2024): Involving allegations of recommending unsuitable, high-risk investments, resulting in a $44,000 settlement without Azizi’s financial contribution.
- Disclosure #2 (Settled on 08/01/2022): Allegations of recommending high commission, complex, risky investments between 2014 and 2020, settled for $10,000, with no financial contribution from Azizi.
- Disclosure #3 (Settled on 04/27/2021): Facilitation of unsuitable, high-risk investments from 2012 to 2014, settled for $30,000, again with no contribution from Azizi.
- Other incidents include claims that were either denied or dismissed, reflecting disputes over investment suitability and risk.
Allegations Against Marco Azizi
The allegations against Marco B. Azizi primarily revolve around his investment recommendations, detailing a pattern of disputes concerning suitability and risk:
- Allegation in Disclosure #1: Recommending unsuitable, high-risk, speculative, and illiquid investments.
- Allegation in Disclosure #2: Recommending high commission, complex, risky, and illiquid investments.
- Allegation in Disclosure #3: Facilitating unsuitable, high-risk, and illiquid investments. These allegations form a consistent theme across the reported disputes, suggesting a recurrent issue with the types of investments recommended to clients. Each case reflects significant financial implications for the parties involved, though Azizi has consistently denied wrongdoing in his broker statements.
Marco Azizi Red Flags & Your Rights As An Investor
Of course, Marco Azizi 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 Marco Azizi at Centaurus Financial, Inc.on alert to review carefully the activity and performance of their accounts and question whether Marco Azizi 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 firm’ss 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 Marco Azizi
If you have questions about Centaurus Financial, Inc. and/or Marco Azizi 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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