Unsuitable Investment Recommendations by Former Aegis Capital Corp. Broker Christopher Norton

Aegis Capital Corp

Former Aegis Capital Corp. broker Christopher Norton (CRD# 5386000) was accused of unsuitable investment recommendations. He has been registered with I-bankers Direct, LLC in Boca Raton, Florida since 2019. Previously, he was registered with Aegis Capital Corp. in Boca Raton, Florida from 2015 to 2019 and with IAA Financial LLC in Boca Raton, Florida from 2012 to 2015.

Christopher Norton Customer Complaints

He has been the subject of two customer complaints between 2020 and 2021, according to his CRD report:

December 2021 “Time Frame: August 2017-Present. Claimant alleges unsuitable recommendation, Inadequate due diligence, misrepresentation and omissions, breach of contract, negligence.” The customer is seeking $127,500 in damages and the case is currently pending. The complaint took place while he was registered with Aegis Capital Corp. and the complaint was regarding an alternative investment. 

April 2020. “Claimant alleges excessive & unsuitable trading, false & misleading statements.” The customer sought $200,000 in damages and the case was settled for $57,500. The complaint took place while he 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 Christopher Norton’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.