Former California-based Centaurus Financial broker/adviser is the subject of settled and pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from customers who have complaints regarding Mr. Overton (CRD# 4582453).
Caleb Overton has spent nine years in the securities industry and was most recently registered with Centaurus Financial in Santa Barbara, California (2003-2012). He was previously registered with Washington Square Securities in Des Moines, Iowa (2002-2003). He is currently not registered with any state or firm.
According to his BrokerCheck report, Caleb Overton is the subject of two customer complaints and one pending customer complaint.
In July 2015 a customer alleged Caleb Overton, while employed at Centaurus Financial, violated suitability standards, committed fraud, made misleading statements, breached his fiduciary duty, negligently misrepresented material facts, breached his contract, breached his covenant of good faith and fair dealing, committed elder abuse, and aided and abetted elder abuse. The customer is seeking $800,000 in damages in the pending complaint.
In 2012 a customer alleged Caleb Overton, while employed at Centaurus Financial, breached his fiduciary duty, misrepresented and omitted material facts, acted negligently, and breached his contract in connection to a tenant-in-common (TIC) investment. The complaint settled in 2014 for $120,000.
In 2012 a customer alleged Caleb Overton, while employed at Centaurus Financial, misrepresented and recommended unsuitable TIC transactions. The complaint settled for $160,000.
If you have lost money investing with Caleb Overton, you may be entitled to recoup your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover 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.
This information is based on publicly available documents provided by FINRA on March 21, 2016.