Center Street Securities

Elderly Ozark Retirees Says Joseph LaTour of Latour Asset Management in Springfield Sold Them GWG L Bonds

Published on: June 16, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Couple File FINRA Arbitration Claim Against Center Street Securities Seeking Up to $500K in Damages

A Missouri couple in their 90s and 80s have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Center Street Securities and its broker Joseph Martin LaTour. The latter is an investment advisor who operates out of Springfield under the local firm Latour Asset Management.

In their FINRA arbitration case, the claimants request up to $500K in damages. They allege that Center Street Securities broker Joseph LaTour unsuitably recommended GWG Holdings L Bonds to them. This was regardless of the fact that they had sought low-risk, stable investments.

Tennessee Couple Alleges That Center Street Securities’ Morgan Hill in Knoxville Failed to Warn About GWG L Bond Risks

Published on: June 14, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Center Street Securities is Named in this Six-Figure FINRA Arbitration Case

An older couple who live in Cleveland, Tennessee has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim seeking up to $500K in damages from Center Street Securities. This comes after its registered representative Morgan Darby Hill allegedly unsuitably recommended that they invest in GWG Holdings L Bonds.

Morgan Hill is currently registered as a broker with both Center Street Securities and Arete Wealth Management in Knoxville. He is also a registered investment advisor with Center Street Advisors. However, locally Hill markets himself as the CEO of the wealth preservation and distribution firm, Hill & Hill Financial, LLC.

Retired Missouri Couple Say Center Street Securities and LaTour Asset Management in Springfield Unsuitably Recommended GWG L Bonds

Published on: April 1, 2022 | by Kirk G. Smith

GWG L Bonds FINRA Arbitration Claim Requests Up to $500K in Damages

A retired couple from Republic, Missouri, has filed a six-figure claim against Center Street Securities over losses sustained in GWG Holdings, Inc. (NASDAQ: GWGH). Both inexperienced investors with health issues, the claimants had entrusted the brokerage firm with keeping their money safe.

Instead, their Center Street Securities broker Joe Latour, a registered investment advisor with the Latour Financial Group, unsuitably recommended and sold them GWG L Bonds. He did this while neglecting to give a full picture of the risks. Now, these investors are pursuing up to $500K in damages for their losses.