Fortino Rivera, previously with Centaurus Financial, Barred by FINRA

Have you lost money with financial advisor Fortino Rivera?  The law firm of Israels & Neuman is investigating allegations made about Fortino R. Rivera from Anaheim, California.  FINRA (the Financial Industry Regulatory Authority) barred Rivera from the securities industry after Rivera allegedly made false representations during FINRA’s investigation.   FINRA was investigating Rivera after he was alleged to have opened a joint account with a senior investor away from his former brokerage firm, Centaurus Financial.

Fortino Rivera was a financial advisor and registered representative of Centaurus Financial from September 2016 to April 2019.  He was also previously registered with Independent Financial Group from May 2016 to September 2016.  He worked in a branch office in Anaheim, California.

Brokerage firms like Centaurus Financial have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Centaurus Financial.

Click to view:  Rivera, Fortino FINRA AWC

Click to view:  Rivera, Fortino BrokerCheck 7.29.19

If you lost money with Fortino Rivera or Centaurus Financial, please CONTACT US at 720-599-3505 for a free evaluation of your case.