Investors might have sustained losses due to securities broker David John Segarra [CRD: 4482059, Las Vegas, Nevada], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Segarra worked for LPL Financial LLC beginning January 22, 2024, and previously worked for Centaurus Financial Inc. from October 29, 2008, to January 19, 2024. Investors can see below to discover more about Segarra’s disclosures.
Evidently, on October 24, 2025, a Centaurus Financial Inc. client filed FINRA Arbitration No. 25-02316 about David Segarra. Mainly, the client alleged that Segarra made unsuitable recommendations involving a high-risk, illiquid investment. Because of this, the client allegedly sustained damages connected to real estate securities. Consequently, the client requested $35,000 in compensation from Centaurus Financial Inc. or Segarra. It appears that this arbitration is pending a resolution.
Also, a client of Centaurus Financial Inc. contested David Segarra’s sales practices, according to a complaint dated June 3, 2024. Allegedly, Segarra breached his fiduciary duty and made unsuitable recommendations. It appears that Segarra allegedly caused the client to experience damages relating to real estate securities. Therefore, the client sought compensation from Centaurus Financial Inc. or Segarra in the amount of $80,000 in this matter. However, this complaint closed without a resolution.
Notably, on November 3, 2022, a Centaurus Financial Inc. client filed FINRA Arbitration No. 22-02432 about David Segarra. Primarily, the client alleged that Segarra made unsuitable recommendations involving a high-risk investment. For this reason, the client allegedly experienced damages associated with corporate bonds. As a result, the client requested $33,000 in compensation from Centaurus Financial Inc. or Segarra. However, the client withdrew this claim.
Did you suffer any investment-related losses because of David Segarra? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Segarra and brokerage firms Segarra worked for deny allegations of sales practice violations.
On August 6, 2026, a customer filed a $400,000 FINRA arbitration naming Chad McQuade (CRD 5436281) and Northwestern Mutual. The claim involves outside, third-party real estate investments. It is pending, and McQuade disputes it in a written response.
Christopher Miller (CRD 4044818) has a customer dispute on BrokerCheck that settled on October 7, 2026 for $50,901. The disclosure lists Emerson Equity as the firm.
A customer dispute that settled for $80,000 on July 16, 2026 is the newest entry on the BrokerCheck report of Stephen Kerutis (CRD 2345517). The clients in that matter alleged unsuitable recommendations, and Truist Investment Services is the firm on the disclosure.
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