Investors File Disputes About John Egan

Investors have come forward with complaints about securities broker John Egan AKA John Eugene Egan [CRD#: 818750, Boca Raton, FL]. Evidently, the securities broker, who worked for Newbridge Securities Corp., discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Newbridge Securities Corp. clients allege that Egan breached a fiduciary duty, breached a contract, and was negligent. For more on these disclosures about Egan, see below.

Newbridge Securities Corp. Investor Accuses John Egan Of Breach Of Fiduciary Duty

Evidently, a Newbridge Securities Corp. client filed FINRA Arbitration #: 21-00310 about John Egan. Namely, the client alleged that Egan breached a fiduciary duty, breached a contract, and was negligent. Because of this, the client sustained damages on penny stocks and alternative investments. Therefore, on April 21, 2022, Newbridge Securities Corp. settled this matter by paying the client $20,000.

Newbridge Securities Corp. Investor Accuses Egan Of Breach Of Fiduciary Duty

Also, a Newbridge Securities Corp. client filed FINRA Arbitration #: 18-00882 about John Egan. Notably, the client alleged that Egan made unsuitable transactions, breached a fiduciary duty, was negligent, and failed to supervise. Because of this, the client sustained damages on over-the-counter equities, stocks, and IPOs. Therefore, on August 6, 2019, Newbridge Securities Corp. settled this matter by paying the client $6,500.

John Egan Discloses Unsuitable Trading Allegations By Morgan Keegan Company Client

Evidently, a client of Morgan Keegan Company contested John Egan’s sales practices by filing FINRA Arbitration #: 11-00726. Allegedly, Egan made unsuitable transactions. Supposedly, the mutual funds which Egan sold or recommended had caused the client to sustain damages. Therefore, FINRA Arbitrators issued an Award dated August 2, 2012 compelling Morgan Keegan Company or Egan to compensate the client in the amount of $253,885.

Prudential Securities Investor Accuses Egan Of Unauthorized Transactions

Also, a Prudential Securities client filed FINRA Arbitration #: 98-2970 about John Egan. Namely, the client alleged that Egan made unauthorized and unsuitable transactions, churned the client’s account, and charged the client excessive commissions. Because of this, the client sustained damages. Therefore, on August 19, 1999, a FINRA Arbitration Panel issued an Award ordering Prudential Securities or Egan to pay the client $12,800 in compensatory damages.

Recent Employer Information

John Egan worked for CBG Financial Group in West Palm Beach, FL, as a securities broker from June 15, 2012 to August 9, 2013. Egan has been employed by Newbridge Securities Corporation in Boca Raton, FL, as a securities broker since August 5, 2013.

Egan has been employed by Newbridge Securities Corporation in Boca Raton, FL, as a financial advisor since August 26, 2013.

Damages Resulting From Newbridge Securities Corp. Securities Broker John Egan?

Have you sustained damages by investing with John Egan? If so, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Egan and brokerage firms Egan was employed by deny any and all allegations of sales practice violations.