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Marcel Pahmer, of Newport Beach, California, a stockbroker formerly 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 $73,000.00 in damages based upon alleged breach of fiduciary duty and the unsuitable investment recommendation of corporate bonds when Pahmer was associated with Centaurus Financial Inc. FINRA Arbitration No. 24-01254 (June 13, 2024).
FINRA Public Disclosure reveals that Pahmer has been referenced in three other customer initiated investment related disputes containing allegations of his conduct while associated with securities broker dealers. On November 12, 2014, a customer initiated investment related complaint involving Pahmer’s conduct was settled for $9,318.40 in damages based upon alleged omissions of material fact in connection with the sale of real estate securities during the time that Pahmer was associated with Centaurus Financial Inc.
On September 10, 2021, a securities arbitration claim involving Pahmer’s conduct was settled for $295,000.00 in damages based upon alleged breach of fiduciary duty, unsuitable recommendations, and misrepresentations of material fact in connection with the sale of real estate securities. FINRA Arbitration No. 19-03447.
Pahmer is also referenced in a securities arbitration claim in which the customer requested $300,000.00 in damages based upon alleged unsuitable advice and breach of fiduciary duty in connection with the sale of illiquid and risky real estate securities and direct investments. FINRA Arbitration No. 24-00371 (February 27, 2024).
Pahmer has been associated with Centaurus Financial Inc. as a stockbroker in Newport Beach, California since November 20, 2007. He has also been associated with Newport Wealth Advisors Inc. as an investment advisor representative in Newport Beach, California since September 8, 2022.
Pahmer was associated with Centaurus Financial Inc. as an investment advisor representative in Costa Mesa, California from June 25, 2008, to December 31, 2023.