Katherine Greer Nishnic of Lexington South Carolina a stockbroker currently employed by Centaurus Financial Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $100,000.00 in damages based upon accusations that between 2010 and 2018: (1) transactions executed by the stockbroker failed to be suitable for the customer and (2) misrepresentations had been made about investments sold by Nishnic when she was associated with Centaurus Financial and Cetera Financial Group. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03012 (Oct. 24, 2019).
FINRA Public Disclosure confirms that Nishnic is referenced in seven more customer initiated investment related disputes containing allegations of her violative conduct during the time that she was associated with J.P. Turner Company, Cetera Financial Group and Centaurus Financial. Specifically, a customer filed an investment related arbitration claim involving Nishnic’s conduct where the customer sought $138,000.00 in damages founded on accusations that from 2014 to 2019, investment recommendations failed to be suitable, and the customer sustained unwarranted losses by investing in real estate security and corporate debt products. FINRA Arbitration No. 19-01250 (May 10, 2019).
Nishnic is referenced in another customer initiated investment related arbitration claim in which the customer requested $100,000.00 in damages supported by allegations of bad advice provided by Nishnic in regard to real estate investment trusts and corporate bonds sold to the customer when the stockbroker was employed by Centaurus Financial Inc. and J.P. Turner. FINRA Arbitration No. 19-01298 (May 14, 2019). Another customer filed an investment related arbitration claim concerning Nishnic’s activities where the customer sought $100,000.00 in damages based upon accusations that Nishnic advised the customer to purchase investments which failed to be suitable given the customer’s objectives, tolerance for risk, and overall investment circumstances; and she breached a fiduciary duty causing the customer undue losses. FINRA Arbitration No. 19-01504 (June 20, 2019).
Also, Nishnic is the subject of a customer initiated investment related arbitration claim in which the customer requested $100,000.00 in damages founded on allegations that fiduciary duties were violated; transactions effected in the customer’s account were unsuitable; and false or misleading statements had been made concerning real estate security and certificates of deposit sold by the stockbroker during the period in which she was associated with Centaurus Financial, Cetera Financial Group and J.P. Turner Company. FINRA Arbitration No. 19-02386 (Aug. 26, 2019).
Also, a customer filed an investment related arbitration claim regarding Nishnic’s conduct where the customer sought $130,000.00 in damages supported by accusations of false or misleading investment information; and the customer’s account being administered negligently by Nishnic between 2013 and 2019. FINRA Arbitration No. 19-02273 (Sept. 9, 2019).
Nishnic has been registered with Centaurus Financial Inc. since May 19, 2015.
