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 might have suffered losses due to securities broker Paula K. Petersen (also known as Paula Schamberger) [CRD: 7078487, Aspen, Colorado], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Petersen worked for NYLIFE Securities LLC from April 2, 2019, to June 20, 2024, and Hornor, Townsend Kent LLC from June 17, 2024, to January 16, 2026. Keep reading to learn more about disclosures involving this securities broker.
Particularly, on October 28, 2025, a NYLIFE Securities LLC client filed a complaint about Paula Petersen. Mainly, the client alleged that Petersen made unsuitable recommendations involving a variable universal life insurance product purchased in November 2021. For this reason, the client allegedly experienced damages. Therefore, the client requested compensation from NYLIFE Securities LLC or Petersen. The complaint remains pending.
Unsuitable advice involving universal life insurance generally refers to allegations that a securities broker or financial advisor recommended a policy that did not match a client’s financial goals, risk tolerance, liquidity needs, or overall investment profile. These allegations can involve claims that the costs, risks, or long-term funding obligations connected to universal life insurance products were not fully explained before purchase.
Did you experience losses because of Paula Petersen? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Petersen and brokerage firms Petersen 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]