Vernon Litigation Group, along with Attorney Kristian Kraszewski, have filed two additional claims on behalf of clients of Marc Korsch and Centaurus Financial, Inc. (Centaurus).
Several clients have now come forward to file claims against Korsch and Centaurus with the Financial Industry Regulatory Authority (FINRA). Our clients have requested to file FINRA arbitration proceedings against Korsch for his failure to provide suitable investments for their investment needs and goals.
Inappropriate Investment Products
Korsch and Centaurus sold high-commission, high-risk investment products that were inappropriate for their clients. These risky products consisted of FS Energy and Power, MVP Parking REIT, FSIC, Griffin Healthcare REIT, and others that have declined drastically in value since they were sold to clients. Although these investments were declining while global market returns were increasing, Korsch and Centaurus advised their clients to hold the investments. This led to massive six-figure losses for several clients, which our clients are now seeking to recover against Korsch and Centaurus.
As noted in a prior article, Korsch has several disclosures on his BrokerCheck® profile, including multiple DUI arrests, tax liens, judgments, and other misconduct with the law.
On behalf of these clients, we have filed several claims with FINRA to recover losses based on Korsch and Centaurus’s actions. Several violations have been presented here, including breach of fiduciary duty, breach of contract, negligence, misrepresentation, ongoing fraud, and several others.
If you have been a victim of similar actions on behalf of Marc Korsch and/or Centaurus Financial, Inc., please contact Vernon Litigation Group today. Our financial attorneys are available to discuss your claims in a no-cost, confidential consultation.
About Vernon Litigation Group
Vernon Litigation Group represents investors across the United States and abroad. Our firm handles a number of financial claims and disputes, including securities and investment fraud, investor representation, breach of fiduciary duty, FINRA arbitration, and more. Our firm also represents investors in exposing conflicts of interest, greed, incompetence, negligence, theft, and other wrong doing committed by brokerage firms, investment advisors and brokers, financial planners, banks, and trust companies.
Call us today at 239-319-4434 to discuss your rights and options moving forward.