Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors potentially experienced losses due to securities broker John Anthony Cutrone III (also known as John Anthony Cutrone) [CRD: 6427013, New York, New York], based on disclosures on FINRA BrokerCheck. Evidently, Cutrone worked for Aegis Capital Corp. from August 30, 2017, to June 14, 2024. Keep reading to discover more about the disclosures made against this broker and what they could mean for affected investors.
Specifically, a client of Aegis Capital Corp. contested John Cutrone’s sales practices by filing FINRA Arbitration No. 25-00032 on January 7, 2025. Allegedly, Cutrone made unsuitable recommendations. It appears that Cutrone caused the client to sustain damages on stocks. Therefore, the client seeks damages from Aegis Capital Corp. or Cutrone in the amount of $5,000 or greater in this ongoing matter.
An allegation of unsuitable recommendations generally refers to a broker advising a client to purchase securities that do not align with the client’s financial situation, risk tolerance, or investment goals. Brokers have a duty to recommend only those investments that are appropriate for their clients. When unsuitable investments are recommended—such as speculative stocks to a conservative investor—it may lead to unexpected and avoidable financial losses.
Do you have additional questions or concerns about your investments with John Cutrone? Feel free to contact Soreide Law Group online or at (888) 760-6552. Speak with a securities attorney regarding a possible recovery of investment-related losses. Soreide Law Group has helped recovered losses for clients located throughout the country and represents clients through a contingency fee basis. The firm also advances all costs. Cutrone and brokerage firms Cutrone worked for deny any allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
Phone:
Fax: 1-954-760-6553
Email: [email protected]