Investors might have sustained losses due to securities broker Jeffrey Patrick Hobert (also known as Jeffrey Hobert) [CRD: 6451659, Newport Beach, California], according to disclosures on FINRA BrokerCheck. It appears that Hobert has been registered with Centaurus Financial Inc. since February 19, 2015. Keep reading to learn more about Hobert’s client disputes and investment-related allegations.
Particularly, a Centaurus Financial Inc. client filed FINRA Arbitration No. 23-03450 about Jeffrey Hobert. Namely, the client alleged that Hobert made unsuitable recommendations in an illiquid alternative investment. Because of the investment strategy, the client allegedly sustained damages on real estate securities. As a result, on December 27, 2024, Centaurus Financial Inc. settled this matter by paying the client $14,000 in damages.
Specifically, a client of Centaurus Financial Inc. contested Jeffrey Hobert’s sales practices by filing FINRA Arbitration No. 22-01008. Allegedly, Hobert improperly recommended a high-risk and illiquid corporate bonds. Therefore, Centaurus Financial Inc. opted to settle the matter on December 28, 2023, by compensating the client in the amount of $50,474.59.
Seeking more information about Jeffrey Hobert? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Hobert and brokerage firms Hobert worked for deny any allegations of sales practice violations.
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