National investment loss lawyers KlaymanToskes is investigating broker Timothy Tremblay (CRD# 1201542) of Centaurus Financial, following the law firm’s filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages due to unsuitable recommendations of Creative Media & Community Trust (NASDAQ: CMCT) Preferred investments.
According to FINRA BrokerCheck, broker Timothy Tremblay is currently registered with Centaurus Financial in Santa Barbara, CA. Chaney has a total of 10 investor complaints disclosed on his BrokerCheck report, six of which have been settled in favor of the investors, and three which are currently pending.
In addition to multiple investor complaints, Timothy Tremblay was named in an SEC Cease-and-Desist Order for violations of Regulation Best Interest (Reg BI). According to the SEC, from June 2020 to April 2021, Tremblay and other representatives of Centaurus Financial recommended high-risk GWG L Bonds to at least 18 retail customers without having a reasonable basis that these recommendations were in the customers’ best interest. The SEC found that Tremblay failed to consider the clients’ investment profiles and the known risks and costs of the bonds.
Investors who suffered losses with broker Timothy Tremblay at Centaurus Financial are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The article linked below contains important information relating to the complaint against broker Timothy Tremblay:
If you suffered losses with broker Timothy Tremblay, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million (exclusive of attorneys fees and costs) for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as Moloney Securities are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Timothy Tremblay, or have concerns regarding your investment portfolio at Centaurus Financial, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your recovery options.