Darren Robert Grossman, of Bala Cynwyd, Pennsylvania, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon alleged breach of fiduciary duty and the unsuitable investment recommendation of “corporate bonds” during the period that Grossman was associated with Centaurus Financial Inc. FINRA Arbitration No. 24-00327 (February 13, 2024).
FINRA Public Disclosure shows that Grossman was also referenced in a customer initiated investment related complaint filed on August 17, 2021, in which the customer requested $50,000.00 in damages based upon alleged unsuitable recommendations and breach of fiduciary duty in connection with the sale of real estate securities when Grossman was associated with Centaurus Financial Inc. This complaint was withdrawn by the customer.
Grossman was also the subject of a securities arbitration claim that was settled for $64,786.00 in damages based upon alleged unsuitable advice about illiquid and “risky corporate bonds.” FINRA Arbitration No. 22-01422 (February 28, 2024).
Grossman has been associated with Centaurus Financial Inc. in Bala Cynwyd, Pennsylvania since March 21, 2017, as a stockbroker and investment advisor representative.
