David Joseph Escarcega of Phoenix Arizona a stockbroker formerly employed by Center Street Securities Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $20,000.00 in damages supported by accusations that CNL Lifestyle Real Estate Investment Trust and other mutual fund trades executed in customers’ accounts failed to be suitable…
David Joseph Escarcega, of Phoenix, Arizona, a stockbroker formerly registered with Center Street Securities, Inc., was the subject of a Financial Industry Regulatory Authority (FINRA) National Adjudicatory Council Decision which contained findings that Escarcega, inter alia, made unsuitable investment recommendations to the customers, and fraudulently misrepresented debentures that were sold to them. In the Matter…
David Joseph Escarcega, of Phoenix, Arizona, a stockbroker with Center Street Securities, Inc., was barred from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity in connection with a FINRA Office of Hearing Officers Extended Hearing Panel Decision containing findings that Escarcega communicated misleading and materially false statements to customers, and…