Mark Upchurch In Centaurus Client Disputes Over Alleged Misrepresentation

Investors possibly experienced losses because of securities broker Mark Allen Upchurch [CRD: 2937074, Houston, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mark Upchurch worked for Centaurus Financial Inc. from March 1, 2012, to September 21, 2020. Here’s more about the securities broker’s disclosures.

Investor Accused Upchurch Of Breach Of Fiduciary Duty

Evidently, on November 16, 2023, a Centaurus Financial Inc. client filed FINRA Arbitration No. 23-03313 about Mark Upchurch. The client alleged unsuitable recommendations and breach of fiduciary duty. Because of this, the investor supposedly sustained damages on corporate bonds. Therefore, they requested $100,000 in compensation from Centaurus Financial Inc. or Upchurch. This arbitration is pending a resolution.

Mark Upchurch Disclosed Unsuitable Recommendations Allegations By Centaurus Financial Inc. Client

Particularly, a client of Centaurus Financial Inc. contested Mark Upchurch’s sales practices by filing FINRA Arbitration No. 22-01597. Notably, the investor alleged unsuitable recommendations. Allegedly,  Upchurch caused the client to sustain damages on corporate bonds. Consequently, Centaurus Financial Inc. opted to settle the matter on September 25, 2023, by compensating the client in the amount of $125,000.

Investor Accused Mark Upchurch Of Recommending Speculative, Illiquid Investment

Specifically, a Centaurus Financial Inc. client filed FINRA Arbitration No. 22-01574 about Mark Upchurch. Mainly, the client alleged unsuitable investment recommendations. Because of this, the investor supposedly sustained damages on corporate bonds. As a result, on August 29, 2023, Centaurus Financial Inc. settled this matter by paying the client $25,000 in damages.

Upchurch Disclosed Misrepresentation Allegations By Centaurus Financial Inc. Client

Also, a client of Centaurus Financial Inc. contested Mark Upchurch's sales practices by filing FINRA Arbitration No. 22-00875. Notably, the investor alleged misrepresentation and unsuitable recommendations. Allegedly,  Upchurch caused the client to sustain damages on corporate bonds. Therefore, Centaurus Financial Inc. opted to settle the matter on August 22, 2023, by compensating the client in the amount of $35,000.

Investor Accused Mark Upchurch Of Unsuitable Advice

Specifically, a Centaurus Financial Inc. client filed FINRA Arbitration No. 22-00875 about Mark Upchurch. The client alleged unsuitable recommendations. Because of this, the investor supposedly sustained damages on corporate bonds. Consequently, on August 22, 2023, Centaurus Financial Inc. settled this matter by paying the client $35,000 in damages.

Upchurch Disclosed REIT Suitability Allegations By Centaurus Financial Inc. Client

Particularly, a client of Centaurus Financial Inc. contested Mark Upchurch’s sales practices by filing FINRA Arbitration No. 21-00096. Notably, the investor alleged misrepresentation of information about investments, including fees. Allegedly,  Upchurch caused the client to sustain damages on real estate securities. As a result, Centaurus Financial Inc. opted to settle the matter on March 15, 2022, by compensating the client in the amount of $47,500.

Did You Sustain Losses Because Of Securities Broker Mark Upchurch?

Have you incurred losses because of Mark Upchurch? You could get in touch with Soreide Law Group online or at (888) 760-6552 and speak to a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Upchurch and brokerage firms Upchurch worked for deny accusations of sales practice violations.