Investors File Disputes About Alan Appelbaum

Investors have come forward with complaints about securities broker Alan Zelig Appelbaum [CRD #: 500336, Boca Raton, Florida]. Appelbaum worked for (1) Aegis Capital Corp from 2015-2021; (2) Herbert J. Sims & Co from 2002-2015; and (3) Ryan Beck & Co LLC from 2002-2002.

Evidently, the securities broker discloses Aegis Capital Corp investor disputes on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Specifically, Aegis Capital Corp clients allege that Appelbaum made unsuitable transactions. For more on these disclosures about Appelbaum, see below.

Aegis Capital Corp Client Accuses Alan Appelbaum Of Unsuitable Transactions

Evidently, an Aegis Capital Corp client filed FINRA Arbitration #: 21-01306 about Alan Appelbaum. Specifically, the client alleged that Appelbaum made unsuitable transactions. For this reason, the client purportedly experienced damages relating to investments in structured products. Therefore, on February 18, 2022, Aegis Capital Corp settled this matter by paying the client $280,000.

Appelbaum Allegedly Makes Unauthorized Transactions In Account Of Aegis Capital Corp Client

Also, an Aegis Capital Corp client filed FINRA Arbitration #: 19-02773 about Alan Appelbaum. Specifically, the client alleged that Appelbaum made unauthorized and unsuitable transactions. Because of this, the client claims that they sustained damages pertaining to investments in structured products. Therefore, on January 27, 2021, Aegis Capital Corp settled this matter by paying the client $1,650,000.

Alan Appelbaum Allegedly Gives Unsuitable Advice To Aegis Capital Corp Client

Evidently, a client of Aegis Capital Corp contested Alan Appelbaum's sales practices, according to a complaint dated November 30, 2018. Supposedly, Appelbaum made unsuitable recommendations. Allegedly, the corporate bonds transactions involving this securities broker resulted in damages for the client. Therefore, the client sought compensatory relief from Aegis Capital Corp or Appelbaum. However, the securities broker-dealer denied this complaint.

Did Aegis Capital Corp Securities Broker Appelbaum Cause You To Experience Damages?

Did you sustain damages because of investing through securities broker Alan Appelbaum? If so, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities attorney regarding a potential recovery of your investment damages. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients through a contingency fee arrangement and advances all costs. Appelbaum and brokerage firms Appelbaum associated with deny all allegations against them.