Alain Ohayon The Center Of Aegis Capital Client Dispute Concerning Breach Of Fiduciary Duty

Investors apparently complained about securities broker Alain Alberto Ohayon (also known as Allen Alberto Ohayon) [CRD: 1180975, Melville, New York], based on publicly available information FINRA BrokerCheck. Evidently, Ohayon has been registered with Aegis Capital Corp. since September 17, 2013. Read on to discover more about the disclosures involving this broker.

Aegis Capital Corp. Investor Accused Allen Ohayon Of Breach Of Fiduciary Duty

Also, on September 16, 2024, an Aegis Capital Corp. client filed FINRA Arbitration No. 24-01988 about Alain Ohayon. Primarily, the client alleged that Ohayon breached a contract, breached his fiduciary duty, and engaged in unsuitable trading. Because of this, the client allegedly sustained damages connected to stocks. Consequently, the client requested compensation of more than $5,000 from Aegis Capital Corp. or Ohayon. This arbitration is pending a resolution.

Aegis Capital Corp. Investor Accused Alain Ohayon Of Unauthorized Trading And Poor Performance

Also, a client filed a complaint about Alain Ohayon. Mainly, the client alleged that Ohayon engaged in unauthorized trading and recommended investments that performed poorly. As a result, on February 15, 2022, Aegis Capital Corp. settled this matter by paying the client $14,900.00 in damages.

Allen Ohayon Disclosed Churning, Misrepresentation Allegations By Donaldson Lufkin Jenrette Client

Additionally, a client of Donaldson Lufkin Jenrette contested Alain Ohayon’s sales practices by filing FINRA Arbitration No. 94-04613. Allegedly, Ohayon made misrepresentations, failed to supervise, churned accounts, and made unsuitable recommendations. Therefore, Donaldson Lufkin Jenrette opted to settle the matter on November 3, 1995, by compensating the client in the amount of $300,000.00.

Were You Impacted By Financial Advisor / Securities Broker Alain Ohayon?

Did you experience losses because of Alain Ohayon? You can get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Ohayon and brokerage firms Ohayon worked for deny accusations of sales practice violations.