Unsuitable Investment Recommendations by Aegis Capital Corp. Broker Daniel O’Neill
Posted on Tuesday, April 6th, 2021 at 1:06 am
Erez Law is currently investigating Aegis Capital Corp. broker Daniel O’Neill (CRD# 1358245) regarding unsuitable investment recommendations. O’Neill has been registered with Aegis Capital Corp. in Melville, New York since 2013.
O’Neill has been the subject of two customer complaints between 2016 and 2021, according to his CRD report:
February 2021. “Time frame: unspecified. Claimant alleges unsuitable investments.” The case is currently pending.
February 2016. “Time frame: May 2013 through June 2015 allegations include unauthorized trades and misuse of margin.” The case was settled for $12,500.
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 O’Neill’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.