Advisor Alert: Our Attorneys Are Investigating Otto Ramon Bohon Jr For Investment Fraud
Did You Lose Money Because of Otto Bohon Jr?
Filed: March 4, 2024
Otto Bohon Jr currently has one (1) pending customer complaint. Overall, he has been the subject of ten (10) customer complaints. 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 Otto Ramon Bohon Jr.
Who Is Otto Ramon Bohon Jr?
- Advisor Name: Otto Ramon Bohon Jr
- Aliases: Otto Bohon Jr
- CRD: 5677597
- Location: Tucson, Arizona
- Current Employer: Currently Not Registered
- Previous Firms: Centaurus Financial, Inc., Wells Fargo Advisors, LLC, and Wells Fargo Investments, LLC
- Number of Known Customer Complaints: 10
- Can Otto Bohon Jr Be Sued: Yes, in Private Arbitration
- Can Otto Bohon Jr’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,100,000
- Highest Settlement: $465,000
If you have suffered investment losses by Otto Bohon Jr, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses 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 Otto Bohon Jr. for Broker Misconduct
As of this publication date, Otto Bohon Jr has been the subject of 10 customer disputes. Let’s review them below.
In July 2023, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that Mr. Bohon recommended unsuitable, high-risk, and illiquid investments. Per the customer, she lost over $117,000 because of Mr. Bohon’s actions. As of this publication date, this claim remains pending.
In January 2023, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that Mr. Bohon improperly recommended a high-risk and illiquid investment. Per the customer, he/she lost over $100,000 because of Mr. Bohon’s actions. On December 6, 2023, Mr. Bohon settled the claim for $49,750, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In July 2022, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by multiple customers of Centaurus Financial, Inc. alleging that Mr. Bohon overly concentrated their assets in unsuitable, high-risk and illiquid investments. Per the customers, they lost over $100,000 because of Mr. Bohon’s actions. On November 14, 2023, Mr. Bohon settled the claim for $46,000, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In July 2022, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that Mr. Bohon misrepresented an unsuitable risky investment and breached his fiduciary duty. Per the customer, he/she lost over $50,000 because of Mr. Bohon’s actions. On January 8, 2024, Mr. Bohon settled the claim for $17,500, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In June 2022, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that Mr. Bohon misrepresented an unsuitable illiquid investment and breached his fiduciary duty. Per the customer, he/she lost over $100,000 because of Mr. Bohon’s actions. On October 5, 2023, Mr. Bohon settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In May 2022, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by multiple customers of Centaurus Financial, Inc. alleging that during 2020 through 2021, Mr. Bohon recommended illiquid investments. Per the customers, they lost over $100,000 because of Mr. Bohon’s actions. On July 7, 2023, Mr. Bohon settled the claim for $47,500, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In December 2021, a FINRA arbitration was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that during the period 2014 through 2016, Mr. Bohon recommended high risk, high commission illiquid investments. Per the customer, he/she lost over $170,000 because of Mr. Bohon’s actions. On January 25, 2023, Mr. Bohon settled the claim for $80,000, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In February 2021, a complaint was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that on March 9, 2020, Mr. Bohon sold 4 stocks from her discretionary managed account without her permission. Per the customer, she lost over $25,959.22 because of Mr. Bohon’s actions.
In September 2020, a complaint was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that during the period January 2017 through approximately March 2020, Mr. Bohon breached his fiduciary duty. Per the customer, he/she lost over $1,100,000 because of Mr. Bohon’s actions. On November 2, 2021, Mr. Bohon settled the claim for $465,000, and some or all of this amount may have been paid by Mr. Bohon’s employer and/or insurance carrier.
In August 2020, a complaint was filed against or in reference to Otto Bohon Jr by a customer of Centaurus Financial, Inc. alleging that during the period 2013 through October 2018, Mr. Bohon misrepresented investments.
How To File A Claim Against Otto Bohon Jr (previously with Centaurus Financial, Inc., Wells Fargo Advisors, LLC, and Wells Fargo Investments, LLC) To Get Your Money Back
If you have questions about Otto Bohon Jr, Centaurus Financial, Inc., Wells Fargo Advisors, LLC, Wells Fargo Investments, 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.