FINRA Sanctions Doug Maurer

The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Doug Maurer (also known as Aaron Douglas Maurer) [CRD: 3007121, White Plains, NY]. Not only has FINRA sanctioned Maurer for selling away, but investors complained about the securities broker. However, Maurer denies the allegations. Read on to learn more about the allegations against Doug Maurer.

FINRA Sanctions Maurer For Private Securities Transactions

Evidently, on November 24, 2021, FINRA issued Case: 2019061937301 sanctioning Doug Maurer for infractions. Specifically, Maurer was issued a 2-year suspension as a securities broker, meaning FINRA disallowed him from maintaining an association with FINRA-member firms. Also, the financial regulator issued him a fine in the amount of $10,000. Notably, FINRA alleged that Maurer engaged in private securities transactions. Supposedly, the broker solicited investors for purchases of securities that a company issued. FINRA claims that Maurer had a stake in that company.

Doug Maurer Disclosed Misrepresentation Allegations By RP Capital LLC Client

Also, a client of RP Capital LLC contested Maurer’s sales practices by filing a civil suit on August 31, 2016. Allegedly, Maurer made misrepresentations to the client. Supposedly, Doug Maurer caused the client to sustain damages on direct investments and promissory notes. Therefore, the client asked for compensatory relief from RP Capital LLC or Maurer in the amount of $12,319,652 in this dispute, which the firm and broker denied.

Maurer Employment Information

• Maurer worked for Ascendant Alternative Strategies LLC in White Plains, NY, as a securities broker from June of 2018 to December of 2019.
• Maurer worked for Stephen A. Kohn Associates Ltd. in Lutz, FL, as a securities broker from April of 2018 to May of 2018.

Damages Resulting From Ascendant Alternative Strategies LLC Securities Broker Doug Maurer?

Did you suffer damages through investing with Maurer? Get in touch with Soreide Law Group at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group, who has effectively recovered funds for many investors in the United States, represents clients on a contingency fee basis and advances all costs. The firm will take the time to fully understand your situation and will carefully explain your legal options. Doug Maurer and brokerage firms Doug Maurer worked for deny any and all allegations of sales practice violations.