A Case of Investment Fraud – Cates Case

In 2004, responsible investor Joe L. Cates was ready to regain losses experienced as a result of the mismanagement of annuities by Centaurus Financial, Inc., and Robert D. Jamison.

Centaurus Financial had placed his money into risky, inappropriate and commission heavy investments and failed to disclose the risks and costs associated with the annuities to Cates. He experienced significant losses from his investment with the firm and was ready to regain his hard earned money.

With the help of the expert team of investment fraud lawyers at The Hayes Law Firm, Cates charged Centaurus Financial with breach of fiduciary duty, unsuitability, over concentration failure to supervise breach of contract, violation of the State Securities, failure to hedge, negligence, and reservation of right to amend. Without legal action, there was no hope of regaining any of his losses from this investment fraud. See case details(cates.pdf).

As a result of the consultation that Cates received from The Hayes Law Firm, he was able to regain $719,279.31 of his mismanaged funds.

Investment fraud costs many responsible, hard working people real money every year. If you’re one of those people it’s not too late to get your money back!

If you suspect that your funds were mismanaged or that the firm you invested with is engaging in investment fraud call us at 713-862-2152 to speak with a professional and get a free, private consultation about your case.

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