Are You An Investor Who Lost Money From Aegis Capital Corp. Underwritten Stocks?
Our Seasoned Broker Fraud Lawyers Are Investigating Loss Claims That May Be in The Billions
If you sustained losses in stock that were underwritten and/or sold by Aegis Capital Corp., Shepherd Smith Edward and Kantas Seasoned Broker Fraud Lawyers (investorlawyers.com) would like to offer you a free, no-obligation case assessment to determine whether you have grounds for a broker fraud claim. Aegis Capital is under scrutiny for allegedly underwriting securities that are now likely worthless and may have cost investors billions of dollars.
According to SLCG Economic Consulting, Aegis Capital Corp. acted as underwriter, market maker, and/or broker-dealer on risky stocks. As sole underwriter on stocks from small businesses with no history of success, the firm allegedly brought these shares to markets even though it had no reason to think that returns for investors were likely.
Aegis Capital also purportedly made money from bid-ask spreads for these stocks that did poorly. Then, allegedly as a brokerage firm, its registered representatives made unsuitable investment recommendations of these stocks to customers and took part in market manipulation in order to push up the stocks’ prices. Not only that, but also Aegis is accused of offering inflated analyst coverage for a lot of the stocks it underwrote.
SLCG calls this a “farm-to-table securities fraud supply chain” by Aegis that allegedly caused a lot of retail investors to sustain at least $3B in collective losses in recent years alone. The economic consulting company also attributes over $1.5B in investor losses to unnecessary markdown, markups and bid-ask spread trading.
SLCG analysis indicates that Aegis Capital profited a lot from its underwriting and selling of these risky stocks—186 offerings for 111 issuers—for nearly a decade and a half.
In a February 2024 article, SLCG Economic Consulting includes Aegis Capital in its list as one of the top five broker-dealers that investors should be warned against in part because of complaints brought against the firms and their alleged financial advisor misconduct.
Sources report the following securities were involved:
- Aldeyra Therapeutics
- Alkaline Water
- Alset EHome
- American CareSource
- American DG Energy
- Applied UV
- Ascent Solar
- AspenBio Pharma
- Assure Holdings
- ATOSSA GENETICS
- Avenue Therapeutics
- Avinger
- BiondVax Pharmaceuticals
- Blue Star Foods
- Bruush Oral Care
- BYND CANNASOFT
- C3is
- CEL SCI
- Cellectar Biosciences
- CEMTREX
- China SXT Pharmaceuticals
- ChromaDex
- Clearmind Medicine
- CN ENERGY
- Cocrystal Pharma
- CollabRx
- Comstock Mining
- Cyngn
- DarioHealth
- DATARAM
- DIGITAL ALLY
- Document Security Systems
- Echo Therapeutics
- ECMOHO
- EZGO Technologies
- Farmmi
- Genetic Technologies
- GigaCloud Technology
- GLOBEIMMUNE
- GlucoTrack
- Greenland Technologies
- Greenwich LifeSciences
- Hanryu Holdings
- iBio
- INPIXON
- Inspira Technologies OXY
- Intellicheck Mobilisa
- Interactive Strength
- Invivo Therapeutics
- IZEA
- Jeffs’ Brands
- Jupiter Wellness
- Kaspien Holdings
- MANHATTAN BRIDGE
- Marathon Patent Group
- Maris Tech
- Medalist Diversified REIT
- Medigus
- MediWound
- Meten EdtechX Ed
- Micronet Enertec
- Moko Social Media
- Molecular Data
- My Size
- NephroGenex
- Netsol Technologies
- Neuralstem
- Nisun Intl Ent Dev Group
- Northwest Biotherapeutics
- Nuvve Holding
- NuZee
- Nxt-ID
- Ocean Power Tech
- OLB GROUP
- Opexa Therapeutics
- ORAMED PHARMA
- ParaZero Technologies
- Precipio
- PURE BIOSCIENCE
- Rail Vision
- RedHill Biopharma
- Rennova Health
- RIT Technologies
- RITTER PHARMA
- Rosetta Genomics
- Sachem Capital
- SciSparc
- SEACHANGE
- Semler Scientific
- Sharps Technology
- SIGMA LABS
- SIGNAL GENETICS
- SINGING MACHINE
- SMTP
- SOLIGENIX
- Sunshine Biopharma
- Super League Gaming
- Superconductor Technologies
- Tantech Holdings
- Therapix Biosciences
- Tonix Pharmaceuticals
- Top Ships
- Torchlight Energy
- TuanChe
- Verb Technology
- Volcon
- Vuzix Corp
- Wearable Devices
- xG TECHNOLOGY
- XPLORE Technologies
Why Hire Skilled Broker Fraud Attorneys?
Shepherd Smith Edwards and Kantas represent investors in recouping the damages they sustained because of securities fraud, broker fraud, or negligence. We have been fighting for investors for over 30 years. Through our skilled dedication, we have collectively secured many millions of dollars in awards or settlements for thousands of our clients.
Working with us means having our entire securities law firm—not just one attorney—is committed to building a solid claim on your behalf in order to maximize your chances for a full financial recovery.
How To Contact Our Seasoned Broker Fraud Lawyers About Your Aegis Capital Corp. Stock Losses
Call (800) 259-9010 or fill out this form.