JAMES RONALD KING

JAMES RONALD KING is currently employed as a Broker and/or Investment Adviser at CENTAURUS FINANCIAL, INC. located at 2300 E. KATELLA AVENUE, SUITE #200, ANAHEIM, CA, 92806.

JAMES RONALD KING has worked at CENTAURUS FINANCIAL, INC. since April 16, 1993

Disclosure History

JAMES RONALD KING has 8 Disclosure Event(s).

Date: March 28, 2011
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES, BREACH OF FIDUCIARY DUTY, BREACH OF WRITTEN CONTRACT, FRAUD BY MISREPRESENTATION AND FAILURE TO SUPERVISE AND CONTROL IN CONNECTION WITH A PURCHASE EFFECTED IN JULY, 2008.
Damage Amount Requested: $100,001.00
Settlement Amount: $45,000.00
Broker Comment: I WAS NAMED SOLELY AS A RESULT OF MY CAPACITY AS AN OFFICER/DIRECTOR OF CENTAURUS FINANCIAL, INC. I HAD NO DIRECT OR INDIRECT RELATIONSHIP/CONTRACT WITH THE CLAIMANT AND I HAVE NEITHER MET NOR EVER SPOKEN TO HER.AS SUCH, I DID NOT CONTRIBUTE OR PARTICIPATE IN SETTLEMENT OR THIS MATTER OTHER THAN AS A SIGNATORY OF THE SETTLEMENT AGREEMENT FOR LEGAL/MUTUAL RELEASE PURPOSES.

Date: December 16, 2004
Category: Customer Dispute
Allegations: COMMENCING IN 1999, THE STATEMENT OF CLAIM ALLEGES THAT JAMES R. KING IS PERSONALLY RESPONSIBLE FOR FIRM'S FAILURE TO SUPERVISE ITS REGISTERED REPRESENTATIVE.
Damage Amount Requested: $111,257.00
Settlement Amount: $90,000.00
Broker Comment: I DO NOT KNOW WHY I WAS NAMED SINCE I HAD NEVER MET OR HAD ANY CONTACT WITH CLAIMANT. THE STATEMENT OF CLAIM ALLEGES THAT THE FIRM FAILED TO ADEQUATELY SUPERVISE ITS REGISTERED REPRESENTATIVE. CLAIMANT HAS NAMED ME WITHOUT ANY FACTUAL OR LEGAL JUSTIFICATION. THIS APPEARS TO BE SOLELY BECAUSE I AM PRESIDENT OF THE FIRM.I WAS DISMISSED FROM THE ACTION PRIOR TO IT BEING SETTLED AND WAS NOT A PARTY TO THE SETTLEMENT AGREEMENT.

Date: September 24, 2004
Category: Customer Dispute
Allegations: THE STATEMENT OF CLAIM ALLEGES THAT JAMES R. KING IS PERSONALLY RESPONSIBLE FOR FIRM'S FAILURE TO SUPERVISE ITS REGISTERED REPRESENTATIVE.
Damage Amount Requested: $75,000.00
Settlement Amount: $33,500.00
Broker Comment: I DO NOT KNOW WHY I WAS NAMED SINCE I NEVER MET OR HAD ANY CONTACT WITH CLAIMANT. INDEED, THE CLAIMANT WAS NEVER A CLIENT OF THE FIRM. THE STATEMENT OF CLAIM ALLEGES THAT THE FIRM FAILED TO ADEQUATELY SUPERVISE ITS REGISTERED REPRESENTATIVE. CLAIMANT HAS NAMED ME WITHOUT ANY FACTUAL OR LEGAL JUSTIFICATION. THIS APPEARS TO BE SOLELY BECAUSE I AM PRESIDENT OF THE FIRM.I WAS DISMISSED FROM THE ACTION PRIOR TO IT BEING SETTLED AND WAS NOT A PARTY TO THE SETTLEMENT AGREEMENT.

Date: July 14, 2004
Category: Customer Dispute
Allegations: CLIENT CLAIMS SHE WAS TOLD SHE WOULD NEVER LOSE MONEY AND NO FUNDS WOULD BE TAKEN OUT OF ADMINISTRATION FEES
Damage Amount Requested: $22,519.00
Broker Comment: MS BENGS PURCHASED THE VARIABLE ANNUITY FROM LARRY GOLD, A DECEASED REPRESENTATIVE. I WAS NAMED BECAUSE MY NAME APPEARED ON HOUSE ACCOUNT STATEMENT. CENTAURUS FINANCIAL, INC. RESOLVED HER COMPLAINT.

Date: March 29, 1996
Category: Customer Dispute
Allegations: ALLEGED FRAUD, AIDING AND ABETTING FRAUD,BREACH OF FIDUCIARY DUTY, ALLEGED VIOLATION OF CA. CODE 25400,25401, 25501 ALLEGED SEC SECURITIES FRAUD UNDER SEC 10(B)VIOLATION OF SEC 12(2). NEGLIGENT MISREPRESENTATION VIOLATIONELDER ABUSE, BREACH OF IMPLIED COVENANT OF GOOD FAITH AND FAIRDEALING. VIOLATION OF RICO SECTION 1962A, 1962B, 1962C, 1962D. CLAIM ALLEGES 3,360,586 OF DAMAGES.
Damage Amount Requested: $3,360,586.00
Settlement Amount: $1,500,000.00
Broker Comment: REPRESENTATIVE WAS NOT REQUIRED TO PAY ANY PARTOF SETTLEMENT.CLASS ACTION ARBITRATION WITH 70 CLAIMANTS & 32RESPONDENTS CONCERNING HILL WILLIAMS PARTNERSHIPS - DAMAGESCLAIMED ARE JOING AND SEVERAL.

Date: November 08, 1995
Category: Customer Dispute
Allegations: BREACH OF FIDUCIARY DUTY; MISREPRESENTATION;OMMISSION OF FACTS; BREACH OF CONTRACT. ALLEGED COMPENSATORYDAMAGES OF $6,000,000.00
Damage Amount Requested: $6,000,000.00
Settlement Amount: $145,000.00
Broker Comment: CASE SETTLED FOR $145,000.00 OF WHICHREPRESENTATIVE WAS NOT REQUIRED TO CONTRIBUTE TOWARDS.REPRESENTATIVE NAMED SOLELY IN THE CAPACITY OF AN OFFICER OFTITAN VALUE EQUITIES GROUP, INC.REPRESENTATIVE WAS NOT REQUIRED TO CONTRIBUTE ANYMONIES TOWARD SETTLEMENT. THIS ACTION WAS BROUGHT AGAINST TITANVALUE EQUITIES GROUP, INC. AND REPRESENT ATIVE WAS NAMED ONLYAS AN OFFICER OF TITAN VALUE EQUITIES GROUP, INC.REPRESENTATIVE HAD NO DIRECT OR INDIRECT RELATIONSHIP WITH ANYOF THE CLAIMANTS. TITAN VALUE EQUITIES GROUP, INC. SETTLEDCOMPLAINT.

Date: May 08, 1995
Category: Customer Dispute
Allegations: BREACH OF FIDUCIARY DUTY, MISREPRESENTATIONAND UNSUITABILITY. COMPLAINT INVOLVED 70 CLAIMANTS AND 32RESPONDENTS. ALLEGED COMPENSATORY DAMAGES OF $7,549,351.00.
Damage Amount Requested: $7,549,351.00
Settlement Amount: $1,500,000.00
Broker Comment: CASE SETTLED IN CONSOLIDATION WITH CUSTOMER, ET AL CASE #94-01160 FOR $1.5 MILLION. REPRESENTATIVEWAS NAMED SOLELY IN THE CAPACITY OF AN OFFICER OF TITAN VALUEEQUITIES GROUP, INC. AND WAS NOT REQUIRED TO CONTRIBUTE TOWARDTHE SETTLEMENT.REPRESENTATIVE WAS NOT REQUIRED TO PAY ANY PARTOF THE $1.5 MILLION SETTLE- MENT AND THERE WAS NO FINDING OFFAULT AS TO THE REPRESENTATIVE. HE HAD NO DIRECT OR INDIRECTRELATIONSHIP WITH ANY OF THE CLAIMANTS AND WAS NAMED SOLELY INHIS CAPACITY AS AN OFFICER OF TITAN VALUE EQUITIES GROUP, INC.CONSOLIDATED WITH CUSTOMER CASE #94-01160

Date: October 27, 1986
Category: Customer Dispute
Allegations: BREACH OF FIDUCIARY DUTY, CONSPIRACY TODEFRAUD, REQUEST PUNITIVE DAMAGES, INTEREST, ATTORNEYS FEES ANDCOSTS. ALLEGED COMPENSATORY DAMAGES OF $444,355.00.
Damage Amount Requested: $444,355.00
Settlement Amount: $257,544.65
Broker Comment: SETTLED FOR $257,544.65 OF WHICH PAYMENT MADE OF$211,269.65 AS WELL AS THREE INSTALLMENTS IN THE AMOUNT OF$15,425.00. REPRESENTATIVE NOT REQUIRED TO CONTRIBUTE ANYMONIES TOWARD THE SETTLEMENT.REPRESENTATIVE WAS NOT REQUIRED TO CONTRIBUTETOWARD SETTLEMENT. REPRESENTA- TIVE WAS NAMES AS AN OFFICER OFTITAN VALUE EQUITIES GROUP, INC. AND HAD NO DIRECT OR INDIRECTRELATIONSHIP WITH ANY OF THE CLAIMANTS. THERE WERE NO FINDINGSOF FAULT AS TO REPRESENTATIVE.

More Information

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