Aegis Capital

Aegis Capital Loss Recovery Attorney

Published on: October 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did Aegis Capital Cause Investors To Lose At Least $5B?

Broker-Dealer Accused of Underwriting Questionable Stock Offerings

Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to investigate allegations that Aegis Capital may have cost investors billions of dollars in its role as the underwriter of stocks of small companies that were about to be delisted or facing bankruptcy; purportedly, the only reason these companies were able to stay open was because the broker-dealer helped sell these “worthless stocks” to its customers, as well to customers of other brokerage firms.

SSEK Law Firm Investigates Investors’ Losses From GWG L Bonds Sold By Aegis Capital, Emerson Equity, and Many Others

Published on: February 8, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Deadline for GWG Holdings to Pay L Bond Investors $13.6M is Fast Approaching

Our investment fraud lawyers are speaking with investors who suffered losses in GWG L Bonds. These private placement, high-yield junk bonds were issued by GWG Holdings, Inc. (GWGH) and may have been marketed and sold by many broker-dealers, including Aegis Capital, Emerson Equity, and others.

GWG L Bonds have been available since 2012. However, their sales have been put on “pause” after being reinstated in December 2021 after a suspension of several months. Formerly called Renewable Secured Debentures, it was renamed L Bonds in 2015. GWG Holdings launched a new offering made up of its secured debt known as the Liquidity Bond 2020.

Aegis Capital To Pay $2.75M For Churning in FINRA Case

Published on: November 17, 2021 | by Shepherd Smith Edwards & Kantas, LLP

68 Customers To Receive Restitution From NY-Based Broker-Dealer, Aegis Capital

The Financial Industry Regulatory Authority (FINRA) has sanctioned Aegis Capital, which will pay about $2.8M for the excessive and unsuitable trading that allegedly took place in dozens of customers’ accounts.

Of this amount, $1.7M in restitution will go to 68 customers who were potentially harmed. The remaining $1.1M is a fine the broker-dealer will pay for related supervisory violations involving Aegis brokers Roberto Birardi and Joseph Giordano.

Customers of Ex-Aegis Capital Broker Scott Hananel Claim Investment Losses

Published on: August 19, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Former Melville, NJ Financial Advisor Has Been Named in Six Disputes

If you have suffered investment losses while working with ex-Aegis Capital stockbroker Scott Neil Hananel, contact Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) so that we can help you explore your legal options.

Hananel, who is no longer a registered financial advisor, has been named in six customer disputes over the years. A few of them are still pending. BrokerCheck notes the disputes on Hananel’s record: