Dan Schapiro Of Aegis Capital Corporation Linked To Client’s Breach Of Fiduciary Duty Dispute

Investors might have sustained losses because of securities broker Daniel Isreal Schapiro (also known as Dan Schapiro) [CRD: 2335244, New York, New York], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schapiro joined Dominari Securities LLC on March 1, 2024. Previously, he worked at Aegis Capital Corporation from August 15, 2017 to March 28, 2024. Keep reading to know more about the investor disputes involving Schapiro.

Aegis Capital Corporation Investor Accused Dan Schapiro Of Unsuitable Recommendations

Notably, on May 7, 2025, an Aegis Capital Corporation client filed allegations against Daniel Schapiro. The investor alleged that Schapiro made unsuitable recommendations and also committed a breach of contract and breach of fiduciary duty in connection with advice regarding a private placement. For this reason, the client allegedly sustained damages and is seeking $50,000 in compensation from Aegis Capital Corporation or Schapiro. This complaint is pending resolution.

Other Client Disputes Connected To Daniel Schapiro Alleged Excessive Trading, Unauthorized Trading

Schapiro has also been involved in several earlier disputes. For example, on September 12, 2000, a client alleged unauthorized transactions, churning, excessive trading, and misrepresentation. The matter settled for $34,391.42. In a May 20, 1999 dispute involving unsuitable recommendations, the case settled for $40,000. Another dispute dated January 22, 1999, alleged account mismanagement and settled for $100,000. On August 5, 1998, Schapiro faced allegations of unauthorized trading, misrepresentation, and omissions; that matter settled for $111,475. Lastly, a March 11, 1997 complaint involving failure to supervise and other violations settled for $29,500.

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

Do you need clarification on any investment losses relating to Daniel Schapiro? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney. Soreide Law Group has recouped losses for investors throughout the USA. Also, the firm works on a contingency fee basis and advances the costs. Schapiro and the brokerage firms he worked for deny accusations of sales practice violations.