MARC F KORSCH Barred by FINRA

MARC FREDERICK KORSCH (MARC F KORSCH, CRD#: 5525226), previously registered with Arkadios Capital (2021) and Centaurus Financial Inc. (2014 to 2021), both of Sarasota, Florida, was permanently barred by FINRA on December 1, 2021, according to FINRA’s BrokerCheck, because he failed to respond to FINRA’s requests for information.
Soreide Law Group, based in Florida, is handling dozens of claims made by investors due to the products MARC F KORSCH allegedly recommended to his clients, many of the products were high-risk and illiquid, such as GWG L Bonds, FS Energy, and Parking REIT’s.
GWG Holdings, Inc. filed for Chapter 11 bankruptcy on April 20, 2022. Due to the Chapter 11 bankruptcy filing, the payment obligations for the GWG L Bonds are stayed, investors will not receive any principal or interest payments until GWG Holdings, Inc. restructures its debt obligations and the court approves the distributions. Soreide Law Group is currently investigating many claims by investors throughout the country regarding L Bonds offered by GWG Holdings, Inc. (GWGH). L Bonds are speculative, high-risk, and illiquid securities that were sold as private placement through broker/dealers nationwide. The L Bonds were not suitable for investors with a low-risk tolerance.
Parking REIT is a publicly registered, non-traded REIT which invests in parking facilities in Canada and the United States. A real estate investment trust (REIT) is a company that combines investor capital for purposes of acquiring or financing real estate investments. It is a high-risk, speculative product.
MARC F KORSCH was previously registered both as a broker and as an investment advisor, according to FINRA’s BrokerCheck, and had been in the securities industry for 12 years and was listed with 6 firms. Korsch currently has 29 Disclosures on his FINRA CRD report. Twenty-one of the disclosures are “Customer Disputes.” FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words, MARC KORSCH’s 21 customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints.
High risk products are not meant for certain investors including those who are inexperienced, need liquidity or want to invest conservatively. If you’ve experienced financial losses due to the actions or recommendations of MARC F KORSCH, formerly of ARKADIOS CAPITAL and CENTAURUS FINANCIAL, INC. both of SARASOTA, FLORIDA, contact the Florida-based Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552.
Soreide Law Group works on a contingency fee basis and represents our clients nationwide before FINRA.