Marc Frederick Korsch of Sarasota Florida a stockbroker currently employed by Centaurus Financial Inc. is referenced in a customer initiated investment related arbitration claim where the customer requested $55,000.00 in damages founded on accusations that (1) fixed annuity fees and surrender penalties were not reasonably explained to the customer and (2) recommendations to switch the customer’s annuities were not suitable for the customer. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01350 (Apr. 16, 2018).

Moreover, FINRA Public Disclosure reveals that a customer filed an investment related arbitration claim regarding Korsch’s conduct in which the customer sought $500,000.00 in damages based upon allegations that during the time Korsch was registered with Trustmont Financial Group, Inc., unsuitable recommendations were made to the customer concerning real estate security and variable annuity products. FINRA Arbitration No. 17-00474 (Feb. 17, 2017).

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