Options for Clients of Former Aegis Capital Corp. Broker Antonio Almeida
Posted on Monday, December 6th, 2021 at 10:13 pm
Erez Law is currently investigating former Aegis Capital Corp. broker Antonio Almeida (CRD# 3106626) regarding unsuitable investment recommendations. Antonio Almeida was registered with Worden Capital Management LLC in Garden City, New York from 2020 to 2021 and previously with Aegis Capital Corp. in Melville, New York from 2014 to 2017.
In February 2021, FINRA suspended Antonio Almeida for three months after he, “consented to the sanction and to the entry of findings that he willfully failed to timely amend his Form U4 to disclose that he had been charged with a felony. The findings stated that while associated with his former member firm, Almeida was arrested and charged with criminal possession of a controlled substance in the fifth degree, which is a class D felony. He ultimately pleaded guilty to a misdemeanor charge, and the felony charge was dismissed. Although Almeida was aware that he had been charged with a felony, he did not amend his Form U4 to disclose that fact within 30 days, as he was required to do. Indeed, Almeida did not amend his Form U4 to disclose his felony charge at any point prior to resigning from his former firm. Almeida amended his Form U4 to disclose the felony charge when he became registered through another FINRA member firm.”
In both July 2020 and September 2017, Antonio Almeida pled guilty to the charge of Criminal possession of a controlled substance.
Antonio Almeida Suitability Concerns
Antonio Almeida has been the subject of three customer complaints between 2015 and 2021, according to his CRD report. The most recent complaint is regarding:
April 2021. “Time frame: December 2012 – November 2020. Claimant(s) allege unsuitable investment recommendations.” The customer is seeking $106,882.07 in damages and the case is currently pending. The complaint took place while Antonio Almeida was registered with Aegis Capital Corp.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Aegis Capital Corp. may be liable for investment or other losses suffered by Antonio Almeida’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.