Morgan Darby Hill of Knoxville, Tennessee, a stockbroker registered with Center Street Securities Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $60,000.00 in damages based upon allegations that Hill made unsuitable investment recommendations of alternative investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-02835 (February 14, 2023).
FINRA Public Disclosure shows that Hill is referenced in three other customer initiated investment related disputes concerning Hill’s conduct while associated with securities broker dealers. On June 6, 2022, a customer filed an investment related FINRA securities arbitration claim involving Hill’s conduct in which the customer requested $500,000.00 in damages based upon allegations that Hill made misrepresentations of material fact in connection with the sale of GWG L Bonds during the time that Hill was associated with Center Street Securities Inc. FINRA Arbitration No. 22-01158.
On September 26, 2022, a customer filed an investment related FINRA securities arbitration claim involving Hill’s conduct in which the customer requested $100,000.00 in damages based upon allegations that Hill made unsuitable investment recommendations of alternative investments. FINRA Arbitration No. 22-02155.
Hill is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $67,000.00 in damages based upon allegations that Hill made unsuitable recommendations of GWG L Bonds. FINRA Arbitration No. 22-02609 (November 20, 2022).
Hill has been registered with Center Street Securities Inc. as a stockbroker since December 9, 2014, and registered with Center Street Advisors Inc. as an investment advisor representative since October 7, 2016. Hill has also been registered with Arete Wealth Management LLC as a stockbroker since April 14, 2022, and registered with Arete Wealth Advisors LLC as an investment advisor representative since March 31, 2023.
