Soreide Law Group is investigating possible investor claims against securities broker Christopher Wright AKA Christopher Warren Wright [CRD#: 4134973, Prescott, AZ]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Center Street Securities. Notably, investors allege sales practice violations in these disputes, including that Wright made unsuitable recommendations. Here is a brief summary of the disclosures about Wright.
Center Street Securities Investor Accuses Christopher Wright Of Unsuitable Recommendations
Evidently, on June 3, 2022, a Center Street Securities client filed FINRA Arbitration #: 22-01258 about Christopher Wright. Notably, the client alleged that Wright made unsuitable recommendations. Because of this, the client sustained damages on GWG L Bonds. Therefore, the client requested $135,000 in compensation from Center Street Securities or Wright. Evidently, this arbitration is pending a resolution.
Center Street Securities Investor Accuses Wright Of Mismanagement
Also, a Center Street Securities client filed FINRA Arbitration #: 19-01660 about Christopher Wright. Namely, the client alleged that Wright mismanaged the client’s account, and failed to diversify the client’s account. Because of this, the client sustained damages on alternative investments. Therefore, on June 8, 2021, Center Street Securities settled this matter by paying the client $36,000.
Christopher Wright Discloses Sales Practice Violations Allegations By Center Street Securities Client
Moreover, a client of Center Street Securities contested Christopher Wright’s sales practices, according to a complaint. Allegedly, Wright committed sales practice violations. Supposedly, the fixed annuities which Wright sold or recommended had caused the client to sustain damages. Therefore, Center Street Securities opted to settle the matter on July 8, 2020.
Multi-Financial Securities Corp. Investor Accuses Christopher Wright Of Unsuitable Trading
Also, on October 27, 2009, a Multi-Financial Securities Corp. client filed a complaint about Christopher Wright. Namely, the client alleged that Wright made unsuitable transactions. Because of this, the client sustained damages on variable annuities. Therefore, the client requested $5,800 in compensation from Multi-Financial Securities Corp. or Wright. Evidently, this complaint is pending a resolution.
Christopher Wright worked for Multi-Financial Securities Corporation in Prescott, AZ, as a financial advisor from April 14, 2008 to June 4, 2010. Wright has been employed by Wright Wealth Management Group in Prescott, AZ, as a financial advisor since March 27, 2014.
Christopher Wright worked for Multi-Financial Securities Corporation in Prescott, AZ, as a securities broker from September 5, 2006 to June 4, 2010. Wright has been employed by Center Street Securities in Prescott, AZ, as a securities broker since June 7, 2010.
Damages Resulting From Center Street Securities Broker Christopher Wright?
Have you sustained damages because of investing through Christopher Wright? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities attorney about a possible recovery of your investment losses. Notably, Soreide Law Group has effectively recovered money for investors in all 50 states. The firm represents clients on a contingency fee basis and advances all costs. Wright and brokerage firms Wright was employed by deny any and all allegations of sales practice violations.