Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on September 15, 2016 indicate that Michigan-based Centaurus Financial broker/adviser David White has been the subject of several resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. White (CRD# 1382131).
David White has spent thirty years in the securities industry and has been registered with Centaurus Financial in Bloomfield Hills, Michigan since 2005. Previous registrations include Leonard & Company in Troy, Michigan; Vestax Securities in Hudson, Ohio; Walnut Street Securities in El Segundo, California; and Hall Securities Corporation. He is a registered broker and investment adviser with 25 US states and territories.
According to his BrokerCheck report, David White has received five customer complaints and two pending customer complaints.
In June 2016 a customer alleged David White, while employed at Centaurus Financial, recommended investments that did not perform as anticipated. The customer is seeking $75,000 in damages in the pending complaint.
In November 2015 a customer alleged David White, while employed at Centaurus Financial, “misrepresented the character and quality” of seven investments. The customer is seeking $1,150,000 in damages in the pending complaint.
In 2014 a customer filed a complaint against David White, while he was employed at Centaurus Financial, alleging he believed annuity payments would begin at an earlier date than the contract allowed. The complaint settled in August 2015 for $35,000.
In 2014 a customer alleged David White, while employed at Centaurus Financial, misrepresented and recommended an unsuitable investment. The complaint settled in 2015 for more than $2,500.
In 2013 a customer alleged David White, while employed at Centaurus Financial, recommended an unsuitable variable annuity product. The complaint settled in 2014 for more than $3,100.
If you have lost money investing with David White, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup your losses. All cases are taken on contingency, which means Fitapelli Kurta only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.