Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker John Noel Marcheso [CRD: 869337, Anaheim, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, John Marcheso joined Centaurus Financial Inc. on December 1, 2000. Read below for additional information about the disclosures about this broker.
Particularly, on December 19, 2023, a Centaurus Financial Inc. client filed FINRA Arbitration No. 23-03450 about John Marcheso. Supposedly, Marcheso recommended unsuitable investment strategies in alternative investments. Because of this, the client allegedly sustained damages on real estate securities. So, the client requested compensatory damages from Centaurus Financial Inc. or Marcheso. Evidently, this arbitration is pending a resolution.
Particularly, on September 8, 2023, a Centaurus Financial Inc. client filed a complaint about John Marcheso. Supposedly, Marcheso recommended an unsuitable REIT that performed badly. Therefore, the client requested $73,000 in compensation from Centaurus Financial Inc. or Marcheso.
Also, a client of Centaurus Financial Inc. contested John Marcheso’s sales practices by filing FINRA Arbitration No. 22-00890. Allegedly, Marcheso overconcentrated the customer’s account in high-risk and illiquid investments. It appears that Marcheso caused the client to sustain damages on oil and gas investments and real estate securities. As a result, Centaurus Financial Inc. opted to settle the matter on November 3, 2023, by compensating the client in the amount of $400,000.
Additionally, a Centaurus Financial Inc. client filed FINRA Arbitration No. 20-01993 about John Marcheso. Supposedly, Marcheso recommended unsuitable real estate securities. Therefore, on August 6, 2020, Centaurus Financial Inc. settled this matter by paying the client $14,750 in damages.
Did you experience losses because of any sales practice violation by financial advisor / securities broker John Marcheso? If so, reach out to Soreide Law Group online or at (888) 760-6552 so you can talk to a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, represents investors through contingency fees, and advances all costs. Marcheso and brokerage firms Marcheso worked for deny accusations of sales practice violations.
Summit Brokerage and Independent Financial Group each appear on a pending customer claim naming Gilbert Conrad (CRD 2746778). Both claims are unproven allegations. His BrokerCheck report also lists settled disputes at Arkadios Capital and Independent Financial Group.
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.
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