There are options for clients of Aegis Capital Corp. broker Matthew Gaer (CRD# 2301493) who suffered investment losses. Gaer has been registered with Aegis Capital Corp. in Boca Raton, Florida since 2016.
Gaer has been the subject of two customer complaints between 2016 and 2020, according to his CRD report:
- April 2020. “Time frame: unspecified. Claimant alleges breach of fiduciary duty and breach of contract.” The customer is seeking $150,000 in damages and the case is currently pending.
- September 2019. “Time Frame: unspecified. Client alleges RR recommended an unsuitable investment in his retirement account.” The customer sought $50,000 in damages and the case was settled for $14,999. The complaint was regarding structured products and took place while Gaer 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 Gaer’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.