James Mariani Involved In Aegis Investor Disputes

Soreide Law Group is looking into potential claims for investors who have faced financial losses tied to the actions of securities broker James Mariani [CRD#: 2932631, Mineola, New York]. Mariani, previously affiliated with Aegis Capital Corp. from September 6, 2017, to September 10, 2021, and with National Securities Corporation in the same city from January 24, 2007, to September 29, 2017, has been at the center of various investor complaints. This article sheds light on the disclosures connected to Mariani’s activities.

Aegis Capital Corp. Investor Alleged Breach Of Fiduciary Duty In Dispute About Mariani

A client of Aegis Capital Corp. initiated FINRA Arbitration No. 23-03481 against James Mariani on December 8, 2023. The client cited negligence, breach of fiduciary duty, breach of contract, and unsuitable investments involving real estate securities. This arbitration is ongoing.

Allegations Of Negligence By Aegis Capital Corp. Client

James Mariani faces allegations in FINRA Arbitration No. 23-02792, filed on October 10, 2023, by an Aegis Capital Corp. client. The claims encompass misrepresentation and omissions, over-concentration, unsuitable investments, failure to prioritize the claimants' best interests, along with negligence and breach of fiduciary duty. The client, who supposedly suffered losses in real estate securities and alternative investments, is seeking $1,500,000 in compensatory relief. This legal dispute is ongoing.

Further Claims Of Unsuitable Investments By Aegis Capital Corp. Client

Another Aegis Capital Corp. client lodged FINRA Arbitration No. 23-01840 against James Mariani on June 28, 2023. The allegations focus on unsuitable investments and omission of material facts from September 2017 onwards. The client, reporting damages of $1,000,000 in real estate securities, is seeking compensation from either Aegis Capital Corp. or Mariani directly. The resolution of this arbitration is still pending.

Client's Allegations Of Omissions By James Mariani

Similarly, FINRA Arbitration No. 23-01839 was filed by an Aegis Capital Corp. client on June 27, 2023, targeting James Mariani’s sales practices. The claims involve unsuitable investments and omissions of information from September 2017 to 2023. The client, supposedly having incurred damages in real estate securities and alternative investments, is pursuing $500,000 in compensatory relief. The arbitration is ongoing.

Unauthorized Trading And Breach Of Fiduciary Duty Allegations

FINRA Arbitration No. 22-00471 was filed by an Aegis Capital Corp. client, citing unsuitable, excessive, and unauthorized trading, breach of fiduciary duty, negligence, and misrepresentation and omissions of material facts by the securities broker. The client apparently incurred losses on stocks, totaling $95,000. Aegis Capital Corp. opted to settle this matter on September 20, 2022, paying the client $50,000 in damages.

National Securities Corporation Client's Suitability Allegations

A client of National Securities Corporation challenged James Mariani's investment strategy through FINRA Arbitration No. 21-02241, labeling it unsuitable. The client reported damages in real estate securities and private placements amounting to $500,000. National Securities Corporation resolved the dispute by compensating the client with $200,000 on September 2, 2022.

Suffered Losses From James Mariani? Contact Soreide Law Group

Have you suffered investment losses due to James Mariani? Soreide Law Group invites you to explore potential recovery avenues for your losses. Connect with a dedicated securities attorney by reaching out online or calling (888) 760-6552. With a track record of recovering losses for investors nationwide, operating on a contingency fee basis, and fronting all costs, Soreide Law Group stands ready to help. Both James Mariani and the brokerage firms Aegis Capital Corp. and National Securities Corporation refute any allegations of improper sales practices.