Patrick Christopher Durst of Centennial, Colorado, a stockbroker registered with Lifemark Securities Corp., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Durst made unsuitable recommendations of certain alternative investments during the time that Durst was associated with Lifemark Securities Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01466 (June 30, 2022). The claim alleges that the recommendations were inconsistent with the customer’s risk tolerance.
This is not the first time that Durst has been referenced in a customer initiated investment related dispute concerning Durst’s conduct in the securities industry. FINRA Public Disclosure shows that Durst is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensation based upon allegations that Durst also made unsuitable recommendations of alternative investments during the period that Durst was associated with Lifemark Securities Corp. FINRA Arbitration No. 22-00815 (April 14, 2022). The claim alleges that the recommendations were inconsistent with the customer’s risk tolerance and liquidity needs.
Durst has been associated with Lifemark Securities Corp. in Centennial, Colorado, as an investment advisor representative since August 10, 2018, and as a stockbroker since July 11, 2018.