Advisor Alert: Our Attorneys Are Investigating Jon Sverre Rustad For Investment Fraud
Did You Lose Money Because of Jon Rustad?
Filed: March 15, 2024
Jon Rustad (also known as Jan Sverre Rustad, Jan Rustad) has been the subject of two (2) customer complaints and one (1) judgment/lien event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Jon Sverre Rustad.
Who Is Jon Sverre Rustad of Centaurus Financial, Inc.?
- Advisor Name: Jon Sverre Rustad
- Aliases: Jan Sverre Rustad, Jan Rustad
- CRD: 2210391
- Location: Mesa, Arizona
- Current Employer: Centaurus Financial, Inc.
- Previous Firms: NPB Financial Group, LLC and Independent Financial Group, LLC
- Number of Known Customer Complaints: 2
- Number of Known Judgment/Lien Events: 1
- Can Jon Rustad Be Sued: Yes, in Private Arbitration
- Can Jon Rustad’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $343,475
- Highest Settlement: $45,000
If you have suffered investment losses by Jon Rustad, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Jon Rustad For Broker Misconduct
As of this publication date, Jon Rustad has been the subject of 2 customer disputes and 1 judgment/lien event. Let’s review them below.
In December 2022, a FINRA arbitration was filed against or in reference to Jon Rustad by multiple customers of Independent Financial Group, LLC alleging that the clients were overconcentrated in illiquid investments that were not suitable or in line with their stated objectives and risk tolerance. Per the customers, they lost over $343,475 because of Mr. Rustad’s actions. On February 15, 2024, Mr. Rustad settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Rustad’s employer and/or insurance carrier.
In September 2022, Jon Rustad was the subject of a civil judgment or lien in the amount of $13,064.59. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In August 2021, a FINRA arbitration was filed against or in reference to Jon Rustad by a customer of Independent Financial Group, LLC alleging that investments were not suitable. Per the customer, he/she lost over $325,000 because of Mr. Rustad’s actions. On September 22, 2022, Mr. Rustad settled the claim for $45,000, and some or all of this amount may have been paid by Mr. Rustad’s employer and/or insurance carrier.
How To File A Claim Against Jon Rustad of Centaurus Financial, Inc. (previously with NPB Financial Group, LLC and Independent Financial Group, LLC) To Get Your Money Back
If you have questions about Jon Rustad, Centaurus Financial, Inc., NPB Financial Group, LLC, Independent Financial Group, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.