James Mariani Facing Aegis, NSC Investor Disputes

Securities Broker James Mariani Involved In Aegis Investor Disputes

The Financial Industry Regulatory Authority (FINRA) contains important information regarding securities broker James J. Mariani (CRD#: 2932631, Mineola, New York). Evidently, Mariani worked for securities firms National Securities Corporation (2007 to 2017) and Aegis Capital Corp. (2017 to 2021). Notably, ten investors filed disputes alleging sales practice violations, including breach of fiduciary duty and suitability. Here’s more about these disclosures; however, please note that Mariani and his past employers deny allegations against them.

James Mariani’s Aegis Capital Corp Client Alleges Unsuitable, Excessive Trading

Particularly, an Aegis Capital Corp client took aim at James Mariani’s sales practices as a securities broker, per an arbitration claim in March 2022. Evidently, the securities broker made excessive trades, unsuitable trades, unauthorized trades, and misrepresentations and omissions. Also, the securities firm committed a breach of fiduciary duty, according to the arbitration claim. Supposedly, Mariani or the securities firm caused the client to experience damages through stock trades. Therefore, the client demands that the securities firm pay them $95,000 in damages. It appears that this matter is currently unresolved.

National Securities Corporation Client Alleges Unsuitable Recommendations

Particularly, a client objected to James Mariani’s actions as a securities broker with National Securities Corporation, as the client brought an investment dispute in September 2021. The client’s claim alleges unsuitable recommendations. Supposedly, Mariani’s actions produced damages in relation to the client’s investments in a real estate security. Because of the alleged sales practice violation, the client seeks $291,100 in damages to settle this matter with the securities firm. This matter awaits a resolution.

Client Of National Securities Corporation Alleges Unreasonable Advice By James Mariani About Real Estate Security

It appears that a National Securities Corp client took issue with James Mariani’s activities as a securities broker, according to an arbitration action dated October 2021. Mainly, the client makes allegations of unsuitable investment recommendations. Supposedly, they sustained damages because of investing in REITs. Because of this, the client contends that the securities firm should pay $600,000 in damages to resolve the client’s allegations. This matter is ongoing.

Mariani Allegedly Sells Illiquid REIT To National Securities Corporation Client

Notably, a client of National Securities Corporation complained about James Mariani’s sales practices, according to an investment dispute on BrokerCheck in October 2021. Allegedly, the securities broker is accused of selling the client an illiquid REIT (real estate investment trust). Because of the alleged sales practice violations, the client seeks compensatory damages to settle this matter with the securities firm.

James Mariani’s Client At National Securities Corporation Alleges Unsuitable PIPES

Particularly, a National Securities Corporation client took aim at James Mariani’s sales practices as a securities broker, as the client filed an investment dispute in September 2021. Alleged sales practice violations include unsuitable private placements (PIPES) and real estate securities per an investment strategy. Consequently, the client alleges that Mariani’s investment strategy led to damages. Notably, the client demands $500,000 in damages to resolve this ongoing investment dispute with the securities firm.

Did You Sustain Damages By Investing Through Mariani?

Did securities broker James Mariani cause you to experience losses? You should call Soreide Law Group at (888) 760-6552 and talk with a helpful securities lawyer about a possible recovery of your losses. Soreide Law Group represents investor clients on a contingency fee basis and advances all costs. The firm has recovered meaningful compensation for investors in the US who incurred losses from their securities brokers or financial advisors. Please note that Mariani denies all accusations of sales practice violations.