Brian Court Suspended By FINRA, Involved In Aegis Capital Corp. Client’s Misrepresentation Claim

Investors apparently complained about securities broker Brian Kenneth Court [CRD: 2591547, Melville, New York], according to publicly available information on FINRA BrokerCheck. Evidently, Court worked for Aegis Capital Corp. from May 2, 2014, to January 30, 2024. Read on for details about Court’s disclosures and regulatory actions.

FINRA Sanctioned Court For Discretionary Trading

Particularly, on May 28, 2025, FINRA issued Case: Acceptance, Waiver & Consent (AWC) sanctioning Brian Court for infractions. Specifically, Court was suspended from all capacities for one month, starting June 2, 2025, and ending July 1, 2025. Mainly, FINRA alleged that Court exercised discretion without written authorization in connection with trades in ten clients’ accounts. None of those clients had given him prior written authorization, and his member firm did not approve any of those accounts as discretionary.

Brian Court Disclosed Misrepresentation Allegations By Aegis Capital Corp. Client

Additionally, a client of Aegis Capital Corp. contested Brian Court’s sales practices by filing FINRA Arbitration No. 23-03381. Allegedly, Court engaged in unauthorized trading, made omissions of material fact, made misrepresentations of material fact, breached his fiduciary duty, failed to conduct adequate due diligence, and was negligent. It appears that Court caused the client to sustain damages linked to real estate securities and alternative investments. Therefore, Aegis Capital Corp. opted to settle the matter on December 20, 2024, by compensating the client in the amount of $40,000.

Aegis Capital Corp. Investor Accused Court Of Unsuitable Recommendations, Overconcentration

Specifically, an Aegis Capital Corp. client filed FINRA Arbitration No. 23-03289 about Brian Court. Mainly, the client alleged that Court made unsuitable recommendations, overconcentrated accounts, and made misrepresentations and omissions of material fact. Because of this, the client allegedly incurred damages relating to real estate securities. As a result, on November 13, 2024, Aegis Capital Corp. settled this matter by paying the client $150,000 in damages.

Brian Court Disclosed Churning, Breach Of Fiduciary Duty Allegations By Aegis Capital Corp. Client

Notably, a client of Aegis Capital Corp. disputed Brian Court’s sales practices by filing FINRA Arbitration No. 21-01822. Allegedly, Court made unsuitable recommendations, churned accounts, breached his fiduciary duty, and was negligent. It appears that Court caused the client to sustain damages connected to real estate securities and other securities. Consequently, Aegis Capital Corp. opted to settle the matter on March 1, 2022, by compensating the client in the amount of $34,500.

Have You Made Investments Through Financial Advisor / Securities Broker Court?

Are you concerned regarding investments you made with Brian Court? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Court and brokerage firms Court worked for deny accusations of sales practice violations.