The Financial Industry Regulatory Authority (FINRA) handles disciplinary actions against registered brokers and brokerage firms. Investors can stay informed with FINRA tools like BrokerCheck, which help to advise clients about the people and firms they are doing business with. On BrokerCheck, you can find information about a broker’s past and present employment, customer disputes, licensing, and regulatory actions.
According to FINRA BrokerCheck, John William Marshall Jr. (CRD#: 2919845) has been accused of recommending “unsuitable investments and several other allegations associated therewith from November 30, 2012, through August 30, 2018.” The customer is requesting damages in the amount of $336,160. The customer dispute is currently pending and has not been settled by FINRA.
Marshall has 21 years of experience as a broker. He has been registered with Centauraus Financial, Inc. since 2015. Prior to his current employment, Marshall also worked for J.P. Turner & Company, L.L.C, Gunnallen Financial, Inc., First Allied Securities, Inc. and D.E. Frey & Company, Inc. Mr. Marshall has passed five (5) exams, including the Series 63 – Uniform Securities Agent State Law Examination and most recently, the SIE – Securities Industry Essentials Examination. He is a registered broker in South Carolina.
Financial advisors and stockbrokers have a fiduciary duty to their clients. If a broker breaches their fiduciary duty to their customers, the financial institutions employing the broker may be held liable through a FINRA arbitration. If you believe that you have suffered losses as a result of broker misconduct, contact Levin Law today. Our attorneys can help you recover damages. Call now at (855) 964-0960 or via email at co*****@le********.com for a free consultation.
