Donnie Ingram, formerly with Centaurus Financial, Investigated by FINRA
WINTER HAVEN, FLORIDA
Our investment fraud law firm is looking into allegations made by FINRA, the Financial Industry Regulatory Authority, against Donnie Eugene Ingram, also known as Don Ingram, who worked in Winter Haven, Florida. According to FINRA’s BrokerCheck, FINRA has sent a Wells Notice regarding Don Ingram’s conduct.
In July 2022, FINRA has said that it has made a preliminary determination to recommend that disciplinary action be brought against Donnie E. Ingram for alleged violations of FINRA Rule 2010. FINRA also filed a Wells Notice regarding Don Ingram in March 2021 for alleged violations of FINRA Rule 2010 and Rule 2111 regarding unsuitable transactions.
Donnie Ingram had been with Centaurus Financial from July 2016 to October 2020. Ingram had also been licensed with Investors Capital Corp. from 1997 to July 2016 in Winter Haven, Florida. Besides the two FINRA investigations, Ingram has also been the subject of nine customer complaints.
Ingram has an obligation to abide by FINRA Rule 2111 when making investment recommendations to clients. Rule 2111 requires that the recommendations be suitable for the customer considering circumstances like the customer’s age, risk tolerance, investment objectives, net worth, income, tax status, etc. A violation of this rule could result in civil liability for Donnie Ingram and his brokerage firm.
Attorney David Neuman is licensed to practice law in Florida, and our firm has represented investors in Florida cases. We also have brought claims against numerous firms.