Investors have come forward with complaints about securities broker Elliot Sherer AKA Elliot Hough Sherer [CRD#: 15007, Melville, NY]. Evidently, the securities broker, who worked for Aegis Capital Corp., discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Aegis Capital Corp. clients allege that Sherer breached a fiduciary duty, was negligent, made misrepresentations, breached a contract, and churned a client’s account. For more on these disclosures about Sherer, see below.
Aegis Capital Corp. Investor Accuses Elliot Sherer Of Negligence
Evidently, on September 29, 2022, an Aegis Capital Corp. client filed FINRA Arbitration #. 22-02221 about Elliot Sherer. Namely, the client alleged that Sherer breached a fiduciary duty, was negligent, made misrepresentations, breached a contract, and churned the client’s account. Because of this, the client allegedly sustained damages on stocks. Therefore, the client requested compensation from Aegis Capital Corp. or Sherer. Evidently, this arbitration is pending a resolution.
Aegis Capital Corp. Investor Accuses Sherer Of Breach Of Fiduciary Duty
Also, on May 17, 2022, an Aegis Capital Corp. client filed FINRA Arbitration #. 22-01063 about Elliot Sherer. Namely, the client alleged that Sherer was negligent and breached a fiduciary duty. Because of this, the client allegedly sustained damages on stocks. Therefore, the client requested $500,000 in compensation from Aegis Capital Corp. or Sherer. Evidently, this arbitration is pending a resolution.
Elliot Sherer Discloses Unsuitable Recommendations Allegations By Aegis Capital Corp. Client
Additionally, a client of Aegis Capital Corp. contested Elliot Sherer’s sales practices, according to a complaint dated March 8, 2022. Allegedly, Sherer made unsuitable recommendations. Supposedly, the stock transactions caused the client to sustain damages. Therefore, the client seeks compensatory relief from Aegis Capital Corp. or Sherer in the amount of $71,000 in this ongoing matter.
Aegis Capital Corp. Investor Accuses Sherer Of Breach Of Contract
Evidently, on March 9, 2020, an Aegis Capital Corp. client filed FINRA Arbitration #. 20-00036 about Elliot Sherer. Namely, the client alleged that Sherer made unsuitable transactions, breached a contract, and breached a fiduciary duty. Because of this, the client allegedly sustained damages. Therefore, the client requested $95,596 in compensation from Aegis Capital Corp. or Sherer. Evidently, this arbitration is pending a resolution.
Elliot Sherer worked for Global Arena Capital Corp in New York, NY, as a securities broker from November 3, 2010 to June 28, 2011. Sherer has been associated with Aegis Capital Corp. in Melville, NY, as a securities broker since June 28, 2011.
Damages Resulting From Aegis Capital Corp. Securities Broker Elliot Sherer?
Have you sustained damages by investing with Elliot Sherer? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Sherer and brokerage firms Sherer worked for deny all accusations of sales practice violations.
