James Saar Faced Center Street Securities Investor Complaint Concerning Unsuitable Recommendations

Investors apparently complained about securities broker James Peter Saar (also known as Jim Saar) [CRD: 1358375, Temecula, California], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. James Saar worked for Center Street Securities Inc. from August 2, 2018, to September 2, 2020. Investors are encouraged to keep reading to find out more about the disclosures involving this broker.

Center Street Securities Investor Accused Jim Saar Of Unsuitable Advice

Specifically, on September 15, 2022, a Center Street Securities Inc. client filed FINRA Arbitration No. 22-02109 concerning James Saar. Mainly, the client alleged that Saar made unsuitable recommendations. Because of this, the client allegedly sustained damages related to alternative investments. As a result, the client requested $150,000 in compensation from Center Street Securities Inc. or Saar. It appears that this arbitration awaits a resolution.

James Saar Disclosed Unsuitable Recommendations Allegations By Center Street Securities Client

Also, a client of Center Street Securities Inc. disputed Saar’s sales practices by filing FINRA Arbitration No. 23-01774 on June 20, 2023. Allegedly, Saar made unsuitable recommendations. It appears that Saar caused the client to incur damages relating to alternative investments. Consequently, the client seeks compensation from Center Street Securities Inc. or Saar in the amount of $50,000 in this ongoing matter.

Did You Sustain Losses Because Of Securities Broker / Financial Advisor Jim Saar?

Did you suffer any investment-related losses because of James Saar? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm represents investors on a contingency fee basis and advances all costs. Saar and the brokerage firms Saar worked for deny accusations of sales practice violations.