Investors Accuse Centaurus Of Providing Defective Investment Advice
Gregory Scott Kinkead of Las Vegas Nevada a stockbroker currently registered with Centaurus Financial Inc. is referenced in a customer initiated investment related complaint on August 12, 2019 where the customer requested damages estimated to exceed $5,000.00 based upon accusations that between November of 2018 and August of 2019, the customer was provided bad investment advice from Kinkead concerning real estate security products as those products failed to provide liquidity that the customer needed.
FINRA Public Disclosure reveals that Kinkead is the subject of three additional customer initiated investment related disputes containing allegations of his misconduct during the period in which he was associated with Citigroup GMI and Salomon Smith Barney. Specifically, a customer filed an investment related complaint in regard to Kinkead’s conduct in which the customer sought unspecified damages supported by accusations of Kinkead effecting unsuitable equities trades and poorly managing the customer’s account resulting in unwarranted losses.
Two more customers filed investment related complaints involving Kinkead’s activities where they requested unspecified damages founded on allegations that false or misleading statements were made by Kinkead concerning the investments sold to them when Kinkead was employed by Salomon Smith Barney. Kinkead is also the subject of a customer initiated investment related complaint in which the customer requested compensatory damages based upon accusations that the customer’s account was negligently administered; and trades executed by the stockbroker failed to be appropriate for the customer.
In addition, a customer filed an investment related complaint concerning Kinkead’s conduct where the customer sought unspecified damages supported by allegations that lies or unfounded statements had been made by Kinkead in regard to the variable annuity products which he recommended or sold when he was employed by Citigroup GMI.