Private Placement Losses with Aeon Capital Inc. Broker Timothy Thelen

Aeon Capital Inc.
Aeon Capital Inc.

Erez Law is interested in speaking with investors who may have suffered losses due to investments with Aeon Capital Inc. broker Timothy Thelen (CRD# 1924966) regarding private placement losses. He has been registered with Aeon Capital Inc. in New York, New York since 2018. Previously, he was registered with Accelerated Capital Group in Scottsdale, Arizona from 2013 to 2019.

Timothy Thelen Customer Complaints

He has been the subject of seven customer complaints between 2006 and 2019, three of which were closed without action and one was denied, according to his CRD report. The most recent complaint was regarding: 

October 2019. “Approximately 2016-March 2018; Claimants allege a breach of fiduciary duty, and negligence in reference to private placements offerings the claimants purchased.” The customer sought $620,000 in damages and the case was settled for $1,500,000. The complaint was regarding private placements and took place while he was registered with Accelerated Capital Group and Aeon Capital Inc.

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, Aeon Capital Inc. may be liable for investment or other losses suffered by Timothy Thelen’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.