Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors have reportedly disputed the sales practices of securities broker Donna Louise Payne (also known as Donna Louise Klink) [CRD: 1007323, Summerland, California], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Payne has been registered with Centaurus Financial Inc. as both a broker and investment adviser since December 15, 2010, and December 16, 2010, respectively. Keep reading to learn more about the disclosures involving this securities broker.
Evidently, a Centaurus Financial Inc. client filed FINRA Arbitration No. 23-03450 about Donna Payne. Primarily, the client alleged that Payne made unsuitable recommendations involving illiquid real estate securities and investment strategies. Because of this, the client allegedly experienced damages on real estate securities. Therefore, on December 27, 2024, Centaurus Financial Inc. settled this matter by paying the client $15,000 in damages.
Notably, a client of Centaurus Financial Inc. disputed Payne’s sales practices by filing FINRA Arbitration No. 23-01881. Allegedly, Payne improperly recommended a high-risk and illiquid investment. It appears that Payne allegedly caused the client to sustain damages associated with corporate bonds. Consequently, Centaurus Financial Inc. opted to settle the matter on October 24, 2024, by compensating the client in the amount of $22,500.
Also, a client filed a complaint about Donna Payne. Mainly, the client alleged that Payne made misrepresentations. For this reason, the client allegedly incurred damages connected to variable annuities. As a result, on August 26, 2001, UBS PaineWebber Inc. settled this matter by paying the client $4,750 in damages.
Are you concerned regarding investments you made with Donna Payne? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer 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. Payne and brokerage firms Payne worked for deny accusations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
Phone:
Fax: 1-954-760-6553
Email: [email protected]