James Mariani Facing Aegis Investor Disputes

Soreide Law Group is conducting an investigation on behalf of investors who have suffered losses due to the actions of securities broker James J. Mariani (CRD#: 2932631, Mineola, New York). Evidently, Mariani has been affiliated with Aegis Capital Corp. from September 2017 to September 2021 and National Securities Corporation from January 2007 to September 2017. Notably, one or more investors alleged Mariani's recommendation of unsuitable investments and omission of crucial information, particularly in real estate securities.

Aegis Capital Corp. Investor Accused Mariani Of Unsuitable Investments

Particularly, on June 28, 2023, an Aegis Capital Corp. client filed FINRA Arbitration: 23-01840 about James Mariani. Namely, the client alleged that Mariani recommended unsuitable investments and failed to disclose material facts relevant to those investments. Because of this, the client allegedly sustained damages related to real estate securities. Therefore, the client requested $1,000,000 in compensation from Aegis Capital Corp. or Mariani. Evidently, this arbitration is pending a resolution.

James Mariani Disclosed Omission Allegations By Aegis Capital Corp. Client

Particularly, a client of Aegis Capital Corp. contested James Mariani’s sales practices by filing FINRA Arbitration: 23-01839 on June 27, 2023. Supposedly, Mariani engaged in unsuitable recommendations and omitted material facts. It appears that Mariani caused the client to sustain damages on real estate securities and other alternative investments. Therefore, the client seeks compensatory relief from Aegis Capital Corp. or Mariani in the amount of $500,000 in this ongoing matter.

National Securities Corporation Investor Accused Mariani Of Unsuitable Recommendations

Also, on April 18, 2022, a National Securities Corporation client filed FINRA Arbitration: 22-00620 about James Mariani. Namely, the client alleged that Mariani made investment recommendations in alternatives and REITs that were unsuitable for the client’s investment profile. Therefore, the client requested $170,000 in compensation from National Securities Corporation or Mariani. Evidently, this arbitration is pending a resolution.

James Mariani Disclosed Allegations Of Excessive And Unauthorized Trading By Aegis Capital Corp. Client

Also, a client of Aegis Capital Corp. contested James Mariani’s sales practices by filing FINRA Arbitration: 22-00471. Supposedly, Mariani engaged in excessive, unsuitable, and unauthorized trading. The investor also alleged that the broker breached his fiduciary duty, was negligent, and misrepresented and omitted material facts. It appears that Mariani's actions led the client to sustain damages on equities. As a result, Aegis Capital Corp. opted to settle the matter on September 20, 2022, by compensating the client in the amount of $50,000.

National Securities Corporation Investor Accused Mariani Of Unsuitable Recommendations

Evidently, on November 12, 2021, a National Securities Corporation client filed FINRA Arbitration: 21-02433 about James Mariani. Namely, the client alleged that Mariani made unsuitable recommendations regarding real estate securities. Therefore, the client requested $291,100 in compensation from National Securities Corporation or Mariani. This arbitration is pending a resolution.

James Mariani Disclosed Allegations By National Securities Corporation Client

Particularly, a client of National Securities Corporation contested James Mariani’s sales practices by filing FINRA Arbitration: 21-02241. Supposedly, Mariani recommended an investment strategy that was not suitable for the client. It appears that Mariani caused the client to sustain damages involving real estate securities and other private placements. Therefore, National Securities Corporation opted to settle the matter on September 2, 2022, by compensating the client in the amount of $200,000.

Seek Justice For Your Investment Losses

Did you experience losses because of James Mariani? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Mariani and brokerage firms he worked for deny accusations of sales practice violations.