Investigation of Newbridge Securities Corporation Broker Jeffrey Eglow

Newbridge Securities Corporation

There are options for customers of Newbridge Securities Corporation broker Jeffrey Eglow (CRD# 1299960) regarding alternative investment losses. He has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2017. Previously, he was registered with SunTrust Advisory Services, Inc. in Delray Beach, Florida from 2016 to 2017 and with Wells Fargo Advisors, LLC in Boca Raton, Florida from 2012 to 2015.

Jeffrey Eglow Customer Complaints

He has been the subject of six customer complaints between 2015 and 2022, one of which was denied, according to his CRD report. The most recent complaints are regarding:

June 2022. “Breach of Contract & Warranties, Promissory Estoppel, Negligence, Breach of Fiduciary Duty, Negligent Supervision, Violation of State Securities Statutes.” The customer is seeking $125,000 in damages and the case is currently pending. The complaint was regarding alternative investments and the complaint took place while he was registered with Newbridge Securities Corporation.

May 2022. “Negligence, Breach of Fiduciary Duty.” The customer is seeking $250,000 in damages and the case is currently pending. The complaint was regarding alternative investments and the complaint took place while he was registered with Newbridge Securities Corporation.

May 2017. “Client stated she was overcharged for trades and is seeking a refund of fees.” The case was settled for $48,758. The complaint was regarding municipal debt and the complaint took place while he was registered with SunTrust Advisory Services, Inc.

July 2016. “The client alleged over-concentration in UITs and energy securities and holding leveraged ETF positions as long positions, resulting in unrealized losses.” The customer sought $1 million in damages and the case was settled for $115,000. The complaint was regarding unit investment trusts (UITs) and the complaint took place while he was registered with SunTrust Advisory Services, Inc. and Wells Fargo Advisors, LLC.

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, Newbridge Securities Corporation may be liable for investment or other losses suffered by Jeffrey Eglow’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.