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Broker Debbie Cavanaugh: Investor Losses Investigation

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

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Updated on: November 10, 2023

National investment fraud lawyers KlaymanToskes is investigating broker Debbie Cavanaugh (CRD# 1268420) of Centaurus Financial, Inc. and Independent Financial Group, LLC, following the filing of a customer complaint alleging $50,000 in investor damages due to unsuitable investment recommendations. Debbie Cavanaugh is also currently facing a regulatory complaint initiated by the Securities and Exchange Commission (“SEC”). The SEC’s complaint alleges that the regulator is investigating the representative’s violation of SEC Rule Regulation Best Interest. 

The SEC’s Regulation Best Interest, or “Reg BI”, under the Securities Exchange Act of 1934, establishes a “best interest” standard of conduct for brokers and brokerage firms making recommendations of securities investments and investment strategies to their customers. Brokers, financial advisors, and their brokerage/investment advisory firms have a responsibility to make recommendations with their customer’s best interest in mind, and based upon the client’s personal needs and preferences.

Investors that suffered losses with broker Debbie Cavanaugh are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

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Current Investigations About Broker Debbie Cavanaugh That You Should Know as an Investor:

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 articles linked below contain important information relating to KlaymanToskes’ investigations of broker Debbie Cavanaugh:

If you suffered losses with broker Debbie Cavanaugh, 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* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.

*Exclusive of attorneys fees and costs.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Debbie Cavanaugh. 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: 

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved

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 Centaurus Financial, Inc. and Independent Financial Group 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 Debbie Cavanaugh, or have concerns regarding your investment portfolio at Centaurus Financial, Inc. and/or Independent Financial Group, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.