Clovis Morrison The Focus Of Centaurus Financial Investor Complaints About Misrepresentation

Investors potentially experienced sales practice violations by securities broker Clovis Mike Morrison [CRD: 1730240, Highland Village, Texas], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Morrison has worked for Centaurus Financial Inc. from August 12, 1996, to the present in his capacity as a broker, and from January 30, 2012, to the present as an investment adviser representative. See below for details about Morrison’s disclosures.

Centaurus Financial Inc. Investor Accused Morrison Of Unsuitable Recommendations

Evidently, on September 26, 2025, a Centaurus Financial Inc. client filed FINRA Arbitration No. 25-01984 about Clovis Morrison. Primarily, the client alleged that Morrison misrepresented and recommended illiquid real estate securities. For this reason, the client allegedly incurred damages. As a result, the client requested $100,000 in compensation from Centaurus Financial Inc. or Morrison. It appears that this arbitration is pending a resolution.

Clovis Morrison Disclosed Misrepresentation Allegations By Centaurus Financial Inc. Client

Notably, a client of Centaurus Financial Inc. contested Clovis Morrison’s sales practices by filing FINRA Arbitration No. 25-01343 on June 30, 2025. Allegedly, Morrison made unsuitable recommendations and made misrepresentations. It appears that Morrison allegedly caused the client to sustain damages on illiquid real estate securities. Consequently, the client seeks compensation from Centaurus Financial Inc. or Morrison in the amount of $100,000 in this ongoing matter.

Morrison Disclosed Breach Of Fiduciary Duty Allegations By Centaurus Financial Inc. Client

Particularly, a client of Centaurus Financial Inc. contested Clovis Morrison’s sales practices by filing Civil Action No. 23-2529-431. Allegedly, Morrison breached his fiduciary duty by failing to properly tender a pension rollover check, resulting in tax liabilities. It appears that Morrison allegedly caused the investor to sustain damages. Therefore, Centaurus Financial Inc. opted to settle the matter on August 3, 2023, by compensating the client in the amount of $14,999.

Have You Made Investments Through Financial Advisor / Securities Broker Clovis Morrison?

Did you suffer any investment-related losses because of Clovis Morrison? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Morrison and brokerage firms Morrison worked for deny accusations of sales practice violations.