Category Archives: Centaurus Financial

Mark Reinking-Former Leader’s Group Broker-Subject of $1M Customer Suit-Austin, TX

February 2018-Austin, Texas

The FINRA records of  Mark B. Reinking ,  a  stockbroker who is not currently registered with any broker dealer and who was last employed by The Leaders Group Inc. disclose a pending customer arbitraiton complaint.

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.

In January 2018 a customer of Reinking’s  former employer Sunset Financial Services filed FINRA arbitration case #17-03513 seeking damages of $1 million. The customer alleges breach of fiduciary duty, fraud, breach of contract, negligence in connection with the purchase of various direct investments, including real estate securities.

Reinking’s prior employment includes: The Leader’s Group 3/2015-8/2017; Centaurus Financial 6/2010-3/2013; Sunset Financial Services 11/197-6/2010. Reinking discloses business affiliations with RAM Financial Group (formerly Reinking Asset Management) and Risk Paradigm Group, both of which are located in Austin, TX.

If you have questions about an account handled by Mark Reinking , call to speak with an experienced securities attorney to discuss your options.

Alternative investments include non publicly traded real estate investment trusts (REITS) , equipment leasing partnerships, oil and gas partnerships, hedge funds, real estate, commodities and derivatives contracts and, managed futures. These investments tend to be complex, illiquid, non transparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Harold F. Martek Jr.-Centaurus FInancial Broker-Discloses Pending Customer Arbitration-Palm City, FL

April 2017- Palm City, FL

The FINRA records of  Harold F. Martek Jr. ,  a  stockbroker who is currently employed by  Centaurus Financial  disclose a pending customer dispute.

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.

In FINRA arbitration 17-01041 a customer of Centaurus Financial alleges damages of $60,000 for an unsuitable recommendation  to concentrate a portfolio in a single stock.

Martek has been employed by Centaurus Financial  since 9/2009. Prior to that he was employed by Securities America in Stuart, FL.

If you have questions about an account  handled by Harold Martek Jr.,  call for a no charge consultation.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Donnie E. Ingram-Former Investors Capital Corp. Broker-Discloses Customer Disputes-WInter Haven, FL

April 2017-Winter Haven, FL

According to publicly available records Donnie E. Ingram, (CRD# 1416971) ,  a  stockbroker who previously worked for Investors Capital Corp and who is currently employed by Centaurus Financial Inc.  disclose 5  pending customer disputes  and 3 prior final customer disputes.

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.

The currently pending FINRA arbitrations include:

  • 16-2238-a customer of Investors Capital Corp. alleges damages of $906,354  related to the purchase of unsuitable alternative investments during the period 2003-2015.
  • FINRA arbitration 16-2599-a customer of Investors Capital Corp. alleges damages of $222,266  related to the purchase of unsuitable alternative investments in real estate and other investments during the period 2005-2011.
  • FINRA arbitration 16-2304-a customer of Investors Capital Corp. alleges damages of $230,457  related to the purchase of unsuitable alternative investments in real estate and other investments during the period 2011-2012.

Ingram has been employed by Centaurus Financial  since 7/2016. He was employed by Investors Capital Corp. from 2/1997-7/2016

In November 2016, Investors Capital Corp., a part of the Cetera Group, withdrew its FINRA registration and closed operations, transferring many of its brokers and customers to Summit Brokerage Services..

INVESTORS CAPITAL CORP. SUBJECT OF 21 REGULATORY MATTERS–CEASES OPERATIONS FALL 2016

Investors Capital Corp. withdrew its registration with FINRA in fall 2016. Investors Capital has been named in 21 regulatory matters and a number of customer arbitrations. For more information on Investors Capital Corp, follow this link. 

If you have questions about an account in an account handled by Donnie E. Ingram, contact us to discuss your legal 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Christian J. Stoltz-Centaurus FInancial Broker-Discloses Customer Disputes-Forty Fort, PA

August 2016- Forty Fort, PA

The FINRA records of  Christian J. Stoltz,  a  stock broker who is currently employed by Centaurus Financial  disclose  a currently pending customer dispute and a prior customer dispute.

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.

In  the currently pending dispute , a customer of Centaurus Financial  alleges damages of $200,000 and alleges that they were sold an annuity with a longer term than what they desired.

In the prior dispute, FINRA Case#13-03122, a customer of Stoltz’s prior employer, Lincoln Financial Securities, alleged damages of $400,000, alleging that Stoltz never adequately explained the risks and costs associated with a variable life insurance policy and that the policy was unsuitable and that material misrepresentations were made to induce its purchase. That case was settled in 2014 for $196,000, with Stoltz contributing $100,000 to the settlement.

Stoltz has been registered with Centaurus Financial since 1/2007. 

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Bryon E. Martinsen-Centaurus Financial Broker-Discloses $1.7M Customer Dispute

August 2016- Northport, NY

The FINRA records of  Bryon E. Martinsen,  a  stock broker who is currently employed by Centaurus Financial  disclose  a currently pending customer dispute, 4 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.

In  currently pending FINRA Case# 16-02023 , a customer of Centaurus Financial  alleges damages of $1,787,000 and alleges that the firm allowed products to be sold that were both unsuitable and not fully reviewed during the due diligence process. The product types are direct investments, DPP and limited partnership interests.

Martinsen has been registered with Centaurus Financial since 10/1999. 

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870