
Duncan Gerard MacEachern, of Royal Oak, Michigan, 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 $50,000.00 in damages based upon allegations that MacEachern made unsuitable investment recommendations and breached his fiduciary duties in connection with the sale of illiquid and risky corporate bonds when MacEachern was associated with Centaurus Financial Inc. FINRA Arbitration No. 24-00195 (January 26, 2024).
This is not the first time that MacEachern has been referenced in a customer initiated investment related dispute concerning MacEachern’s conduct in the securities industry. FINRA Public Disclosure shows that MacEachern was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $75,000.00 in damages based upon allegations that MacEachern made unsuitable recommendations in illiquid and risky investments including real estate securities, stocks, corporate bonds, and variable annuities when MacEachern was associated with Centaurus Financial Inc. FINRA Arbitration No. 23-00354 (December 19, 2024).
MacEachern was associated with Centaurus Financial Inc. in Royal Oak, Michigan from May 14, 2004 to March 12, 2021. MacEachern has been associated with LPL Financial LLC in Rochester, Michigan since March 12, 2021.