Soreide Law Group is investigating possible investor claims against John Starke (also known as John Calderwood Starke Sr.) (CRD: 3154774, Williamsburg, Virginia). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Centaurus Financial Inc. Notably, investors allege sales practice violations in these disputes, including that Starke made unsuitable recommendations. Here is a brief summary of the disclosures about Starke. However, keep in mind that Starke denies the allegations against him.
John Starke Discloses Unsuitable Recommendations Allegations By Centaurus Financial Inc. Client
Evidently, a client of Centaurus Financial Inc. contested John Starke’s sales practices by filing FINRA Arbitration: 22-01953 on October 13, 2022. Allegedly, Starke made unsuitable recommendations. It appears that Starke caused the client to sustain damages on corporate bonds. Therefore, the client seeks compensatory relief from Centaurus Financial Inc. or Starke in the amount of $50,000 in this ongoing matter.
Centaurus Financial Inc. Investor Accuses Starke Of Unauthorized Withdrawal
Also, on September 26, 2022, a Centaurus Financial Inc. client filed Civil Suit: CL23000105-00 about John Starke. Namely, the client alleged that Starke withdrew client funds without authorization. Because of this, the client allegedly sustained damages on insurance products. Therefore, the client requested $144,283 in compensation from Centaurus Financial Inc. or Starke. Evidently, this civil suit is pending a resolution.
John Starke Discloses Unsuitable Advice Allegations By Centaurus Financial Inc. Client
Additionally, a client of Centaurus Financial Inc. contested John Starke’s sales practices by filing FINRA Arbitration: 22-01031 on July 14, 2022. Allegedly, Starke provided unsuitable advice. It appears that Starke caused the client to sustain damages on corporate bonds and real estate securities. Therefore, the client seeks compensatory relief from Centaurus Financial Inc. or Starke in the amount of $320,000 in this ongoing matter.
American Beacon Partners Investor Accuses Starke Of Unsuitable Trading
Also, on July 13, 2012, an American Beacon Partners client filed a complaint about John Starke. Namely, the client alleged that Starke engaged in unsuitable trading. Because of this, the client allegedly sustained damages on direct investments (DPPs and LPs) and REITs. Therefore, the client requested $200,000 in compensation from American Beacon Partners or Starke. However, the securities broker dealer denied this complaint.
Evidently, a client of Intersecurities Inc. contested John Starke’s sales practices, according to a complaint. Allegedly, Starke made unsuitable recommendations and recommended investments that poorly performed. Supposedly, Starke caused the client to sustain damages on over-the-counter equities. Therefore, Intersecurities Inc. opted to settle the matter on October 13, 2005, by compensating the client in the amount of $57,000.
- Starke has worked for Centaurus Financial Inc. in Mechanicsville, VA, as a securities broker since June 26, 2015.
Did Centaurus Financial Inc. Securities Broker John Starke Cause You To Experience Damages?
Have you experienced damages by investing with John Starke? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about potentially recovering your investment losses. Soreide Law Group, who has successfully recovered funds for many investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Starke and brokerage firms Starke worked for deny any and all allegations of sales practice violations.
