Stock Loss Options for Clients of Aegis Capital Corp. Broker James Berntha

Aegis Capital Corp

Aegis Capital Corp. broker James Berntha (CRD# 4871243) is accused of stock losses. He has been registered with Aegis Capital Corp. in New York, New York, since 2020. Previously, he was registered with Dawson James Securities, Inc. in New York, New York, from 2016 to 2020, and with Network 1 Financial Securities Inc. in Lynbrook, New York, from 2012 to 2016.

James Berntha Customer Complaints

He has been the subject of eight customer complaints between 2006 and 2023, two of which were denied, and two were closed without action, according to his CRD report. The most recent complaints were regarding: 

March 2023. “Time frame: 06/15/2022 – Present. Claimant alleges misrepresentation and omission of material facts and unauthorized trading.” The customer is seeking $771,631 in damages, and the case is currently pending. The complaint took place while he was registered with Aegis Capital Corp., and it was regarding common and preferred stocks. 

January 2017. “Excessive trading, suitability- November 2010- August 2013.” The customer sought $50,000 in damages, and the case was settled for $11,750. The complaint took place while he was registered with Obsidian Financial Group, and it was regarding common and preferred stocks.  

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 James Berntha’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.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.