John Marcheso

Date:

March 26, 2024

Type of alert:

Overconcentration  

John Noel Marcheso, registered representative at Centaurus Financial, Inc., is the subject of numerous legal claims arising out of allegations of broker misconduct. Marcheso has been with Centaurus for more than 20 years and allegedly overconcentrated his customers’ accounts in speculative and illiquid investments. His recommendations to purchase oil and gas and real estate securities in high volumes may have exposed his customers to unnecessary risk. Investors can read more about the allegations against Mr. Marcheso on his BrokerCheck report, available here: https://brokercheck.finra.org/individual/summary/869337.

Brokerage firms like Centaurus and their registered representatives have a duty to only recommend investment products and strategies that are suitable for their clients. And investment professionals must always put their clients’ interests before their own. When brokers and their agents fail in the duties owed to their account holders, they may be liable to individual investors for damages.

If you believe you lost money due to the misconduct of a broker or financial advisor, contact ChapmanAlbin for a free consultation.

Contact Us If You Believe You Have a Case

"*" indicates required fields

Name*

Please note: We are unable to take cases with losses of less than $50,000.

This field is for validation purposes and should be left unchanged.

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer