Curtis Edmark (CRD 1596961) is a registered representative with Centaurus Financial. According to BrokerCheck, a customer filed a claim against him on September 14, 2026 that remains pending.
Investors potentially experienced sales practice violations due to securities broker Michael Lawrence Hoye [CRD: 3029864, Schaumburg, Illinois], according to publicly available information through FINRA’s BrokerCheck. Evidently, Michael Hoye has been registered with Ausdal Financial Partners Inc. since February 23, 2009, and operates out of their office at 1821 Walden Office Square, Suite 400, Schaumburg, Illinois. Check out the following information to find out more about the disclosures against this broker and what they might mean for investors.
Particularly, on July 2, 2024, an Ausdal Financial Partners Inc. client filed FINRA Arbitration No. 24-01426 about Michael Hoye. The client alleged that Hoye violated federal securities laws and Illinois securities laws, breached a contract, breached his fiduciary duty, and was negligent. Because of this, the client allegedly sustained damages on GWG L Bonds. Therefore, the client requested $280,000.00 in compensation from Ausdal Financial Partners Inc. or Michael Hoye. Evidently, this arbitration is pending a resolution.
Allegations of negligence and breach of fiduciary duty often arise when a broker or financial advisor fails to act in the best interest of a client. In cases involving bond recommendations, negligence may involve recommending investment products that are too risky, unsuitable, or misaligned with the client’s financial goals or risk tolerance. Breach of fiduciary duty means the broker failed to put the client’s interests ahead of their own, perhaps by recommending high-commission products without adequate disclosure or due diligence.
Did you experience losses because of Michael Hoye? Feel free to get in touch with Soreide Law Group online or at (888) 760-6552 to speak with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group can help recover losses for investors throughout the US, takes cases on a contingency fee basis, and advances all costs. Hoye and any registered investment advisors / securities broker dealers Hoye worked for deny accusations of sales practice violations.
Curtis Edmark (CRD 1596961) is a registered representative with Centaurus Financial. According to BrokerCheck, a customer filed a claim against him on September 14, 2026 that remains pending.
Paulette Treguboff (CRD 2699595) is a registered representative with LPL Financial. According to BrokerCheck, a customer filed a claim against her on August 24, 2026 that remains pending.
Robert Averwater (CRD 5614514) is a Memphis, Tennessee broker. FINRA fined him $10,000, suspended him from association with any member firm in all capacities for four months, and required him to complete 10 hours of continuing education, according to an AWC issued August 18, 2026.
Phone:
Fax: 1-954-760-6553
Email: [email protected]