Investigation of Aegis Capital Corp. Broker Gerald Sharpe
Posted on Tuesday, October 12th, 2021 at 12:55 am
Did Aegis Capital Corp. broker Gerald Sharpe (CRD# 2109210) make unsuitable investment recommendations? Sharpe has been registered with Aegis Capital Corp. in Red Bank, New Jersey since 2016. Previously, Sharpe was registered with National Securities Corporation in Red Bank, New Jersey from 2012 to 2016, when he was terminated regarding, “Discharged for potential violations of firm policies relating to 47 USC 227.”
Sharpe has been the subject of four customer complaints between 1997 and 2021, one of which was denied, according to his CRD report. The most recent complaint is regarding:
April 2021. “Timeframe: December 2012 – November 2020. Claimants allege unsuitable investment recommendations.” The customer is seeking $283,716.78 in damages and the case is currently pending.
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 Sharpe’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.