John Tryon Allegedly Recommended Unsuitable, High-Risk Investments

John Tryon (CRD #: 1593231), a broker registered with Centaurus Financial, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 10, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On May 3, 2024, an investor alleged that John Tryon recommended unsuitable high-risk, illiquid investments. He allegedly breached his fiduciary duty. The investor is seeking $100,000. 

There are three settled investors on this broker’s record. 

FINRA Rule 2111 – Unsuitable, Illiquid Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – illiquid, long-term investments often do not suit a client’s best interests. 

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

John Tryon has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 
• Series 22 Direct Participation Programs Representative Examination
• Series 24 General Securities Representative Examination 

He is a registered broker in 12 states and D.C. He is a registered investment adviser in Michigan. 

During his 36 years of experience, John Tryon has registered with four firms: 

• Centaurus Financial (CRD #: 30833) 
• Leonard & Company (CRD #: 36527) 
• Vestax Securities Corporation (CRD #: 10332) 
• Walnut Street Securities (CRD #: 15840) 

Kurta Law Can Help 

If you have worked with John Tryon and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.