August 2021- Kings Park, NY
The FINRA records of Bryon E. Martinsen, a stock broker who is currently employed by Centaurus Financial disclose 3 pending customer disputes, 7 prior customer disputes , a termination from employment and a currently outstanding judgment/lien.
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.
There are three pending customer disputes:
- FINRA Case 20-3451-A Centaurus customer seeks damages of $3 million and alleges that from 11/2007-10/2020 Martinsen invested their accounts in unsuitable, high risk and illiquid investments.
- FINRA Case 20-1137- A Centaurus customer seeks damages of $5 million and alleges that from 2013-4/2020 Martinsen misrepresented and concentrated their accounts in unsuitable investments, including limited partnerships and REITs.
- FINRA Case 19-1042- A Centaurus customer seeks damages of $1.7 million and alleges that from 2009-10/2018 Martinsen recommended unsuitable investments in real estate securities.
Martinsen has been registered with Centaurus Financial since 10/1999.
If you have losses in an account handled by Bryon Martinsen, call to discuss your options.
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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