Investors potentially experienced sales practice violations by securities broker Joel Daniel Harworth [CRD: 3131373, Prescott Valley, Arizona], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Joel Harworth worked for Centaurus Financial Inc. beginning April 13, 2016, as a financial advisor and beginning April 15, 2016, as a securities broker. Investors are encouraged to continue reading to discover more about disclosures involving Harworth.
Specifically, a Centaurus Financial Inc. client filed FINRA Arbitration No. 24-01617 about Joel Harworth. Mainly, the client alleged that Harworth inappropriately recommended high-risk and illiquid investments, and breached his fiduciary duty. Because of this, the client allegedly experienced damages on corporate bonds. Therefore, on August 7, 2025, Centaurus Financial Inc. settled this matter by paying the client $29,000.
Also, a client of Centaurus Financial Inc. contested Joel Harworth’s sales practices by filing FINRA Arbitration No. 24-00678. Allegedly, Harworth made unsuitable recommendations in risky and illiquid corporate bonds, and the broker breached his fiduciary duty. It appears that Harworth allegedly caused the client to sustain damages. As a result, Centaurus Financial Inc. agreed to settle the matter on March 12, 2025, by compensating the client in the amount of $40,000.
Particularly, on November 21, 2008, a Wescom Financial Services LLC client filed a complaint about Joel Harworth. Primarily, the client alleged that Harworth sold variable annuities within an IRA without adequately explaining fees, penalties, terms, and conditions associated with the investment. For this reason, the client allegedly suffered damages. Consequently, the client requested $9,749.82 in compensation from Wescom Financial Services LLC or Harworth. However, the firm denied this complaint.
Did you suffer any investment-related losses because of Joel Harworth? You should contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Harworth and brokerage firms Harworth worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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