June 2020- Lexington, SC
The FINRA records of Cindy Lucille Chiellini (CRD#1015592) , a broker with Centaurus Financial, Inc., discloses prior customer disputes and 27 pending customer disputes seeking damages of nearly $5,000,000 .
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
From December 2016 to March 2019 nine customers of J.P. Turner/Centaurus Financial, Inc., alleging unauthorized and unsuitable trades, breach of fiduciary duty and misrepresentation. These cases were collectively settled for $300,000.
From May 2018 to February 2020 twenty seven customer disputes were filed with FINRA and three other customer disputes were brought forth against Chiellini alleging among other things, unsuitable investments, breach of fiduciary duty, misrepresentation, negligence, unexplained withdrawals, engaged in potentially fraudulent activity and facilitated unsuitable investments. The alleged damages in these combined twenty seven cases is nearly $5,000,000. These cases are all still pending.
Chiellini has worked for Centaurus Financial, Inc./J.P. Turner & Company since March 2010. Before that time she was with First Allied Securities, Inc. and D.E. Frey & Company.
If you have questions about an account handled by Cindy Lucille Chiellini call for a no charge consultation with an experienced securities attorney .
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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