BrokerCheck Report: Examining Customer Disputes Against Centaurus Financial, Inc. Broker Troy N. Tremblay
BrokerCheck Report: Examining Customer Disputes Against Centaurus Financial, Inc. Broker Troy N. Tremblay
Troy N. Tremblay (CRD #4625407) of Centaurus Financial, Inc. (doing business as Tremblay Financial Services), has or has had three customer disputes, according to his BrokerCheck report.
In a settled dispute, allegations were made that between the years 2009 to 2017, Tremblay made unsuitable investments and misrepresentations regarding investments to both direct private placement (DPP) and limited partnership (LP) interests. The customer initially sought $200,000 in damages, and the case was ultimately settled for $60,000 in August of 2017.
A second dispute, filed in February of this year as a FINRA arbitration claim, alleges that the broker recommended an unsuitable, high-risk, and illiquid investment. This complaint remains pending, with the customer seeking $88,000 in damages.
Similarly, another pending dispute involves allegations that Tremblay recommended and misrepresented a high-risk, illiquid preferred stock investment and a fixed index annuity with high surrender charges. The customer in this instance is seeking $393,613 in damages.
We are a Chicago-based law firm with a national practice, representing investors nationwide in seeking to recover their investment losses. The firm continues to investigate brokerage firms and brokers who have placed elderly investors, retirees and other conservative investors in unsuitable investments.
We receive the highest rankings as attorneys for quality work and ethics. We successfully have filed numerous cases against brokerage firms that sold high-risk investments, recovering more than $50 million on behalf of victimized investors. In those cases, we allege that the investment recommendations were unsuitable for our clients based on their financial situation, needs, and investment objectives.
We offer free case evaluations and handle matters on a contingency fee basis-meaning you pay no attorney’s fees unless we recover compensation for you. If you have incurred investment losses with Troy N. Tremblay and would like a securities attorney to evaluate your case, please contact us.