Investors Allege Troy Tremblay Recommended Risky Investments

Troy Tremblay (CRD #: 4625407), a broker registered with Centaurus Financial, allegedly recommended unsuitable and high-risk investments, according to his BrokerCheck record, accessed on May 14, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Disputes

On February 26, 2025, multiple investors alleged that Troy Tremblay recommended investments that were unsuitable, high-risk, and illiquid. They seek $88,000 in this pending dispute.

In a pending dispute filed on February 7, 2025, several investors alleged that Troy Tremblay made misrepresentations about a high-risk and illiquid preferred stock and a fixed index annuity with high surrender charges. The clients seek $393,613 in damages.

On January 12, 2017, an investor alleged that Troy Tremblay made misrepresentations and recommended an unsuitable investment between October 2009 and January 2017. The client sought $200,000 in damages and received a settlement of $60,000.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that suit an investor’s financial goals. Brokers must use the information in an investor’s profile, such as their risk tolerance, tax status, and age when making recommendations.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent tactics to influence the purchase and sale of securities. This includes the misrepresentation or omission of facts, such as an investment’s potential returns, risks, expenses, or tax consequences.

Background Information

Troy Tremblay has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66

Troy Tremblay is a registered broker in 12 states and a registered investment adviser in California, Florida, Hawaii, South Carolina, and Tennessee.

He has also worked for Washington Square Securities (CRD#:2882).

Kurta Law Can Help

If you worked with Troy Tremblay and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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.