Securities Lawyers Blog
Currently financial advisor Cameron Woodbury (Woodbury), currently employed by brokerage firm Centaurus Financial, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.
FINRA BrokerCheck shows a pending customer complaint on August 21, 2024.
During the period of 2017 through 2024, the Claimant’s allege that While selling shares in a Private Placement company via a Private Placement memorandum, away from Broker Dealer, the Registered Representative engaged in unfair business practices, provided untrue statements, constructive fraud, neglect misrepresentation, financial elder abuse, and breached his fiduciary duty.
