Kopman was previously named in a customer dispute citing similar allegations.
Galen Kopman (CRD#: 3011906) was registered as a broker with Centaurus Financial from 2015 until 2018. Previously, Kopman was registered with LPL Financial from 2006 until 2015.
Kopman has three disclosures on his BrokerCheck report. One of the customer disputes against Kopman was denied.
October 2020 Customer Dispute
- Status: Pending
- Allegations: During the period 2014 through September 2016, the customer alleges that the Registered Representative invested his accounts in unsuitable, high-risk and illiquid investments.
October 2019 Customer Dispute
- Status: Settled
- Allegations: Claimant alleges that in October 2013, Respondent’s representative recommended an unsuitable investment in a business development company which conflicted with Claimant’s true investment objectives and needs, ultimately causing her monetary damages. Claimant alleges her representative was motivated by commissions, and consequently misrepresented/omitted the illiquid investment’s risks.
- Damage Amount Requested: $160,000.00
- Settlement Amount: $115,000.00
Contact Us Today
The Sonn Law Group is currently investigating allegations surrounding Galen Kopman. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.