Investors potentially experienced losses because of securities broker John Russo [CRD: 3245040, New York, New York], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, John Russo worked for Aegis Capital Corp. from June 6, 2018, to April 3, 2024, and is currently registered with Dominari Securities LLC in New York, beginning March 4, 2024. Check out the following information to learn more about Russo’s disclosure and the investor allegations he is currently facing.
Specifically, a client of Aegis Capital Corp. contested John Russo’s sales practices, according to a complaint dated January 8, 2025. Allegedly, Russo made unsuitable recommendations. It appears that Russo allegedly caused the client to sustain damages on stocks. Therefore, the client sought damages from Aegis Capital Corp. or Russo in the amount of $5,000 or more in this matter.
An allegation of unsuitable advice means that a securities broker may have recommended investments that were not appropriate for a client’s financial goals, risk tolerance, or investment profile. Brokers have a duty to suggest investments that are suitable based on a client’s individual needs. If a broker recommends stocks, bonds, or other securities that expose a client to undue risk or are misaligned with their objectives, and the client suffers losses, that broker may be held responsible for those recommendations.
Did you experience losses because of John Russo? If so, reach out to Soreide Law Group online or at (888) 760-6552. Talk with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has helped recovered losses for clients located throughout the country. The law firm works on a contingency fee basis and advances all costs. Russo and brokerage firms Russo worked for deny accusations of sales practice violations.
CAROLYN MARIE DAMMEYER (CAROLYN M DAMMEYER) has been permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm. The start date of the bar was 4/16/2026. Dammeyer was registered as a broker with W&S BROKERAGE SERVICES INC of Celina, Ohio, from 07/13/2018 - 06/06/2025. The Regulatory disclosure was initiated […]
KEVIN CHRISTOPHER MCCARTHY (KEVIN C MCCARTHY) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm with a start date of 5/7/2026. McCarthy was registered as a broker with MADISON AVENUE SECURITIES LLC of Hialeah, Florida, from 12/04/2007 - 01/30/2026. McCarthy was previously registered both as a broker […]
Investors might have sustained losses due to securities broker William H. Grant [CRD: 4219455, Duluth, Georgia], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Grant has been registered with Merrill Lynch since October 23, 2009, as both a securities broker and financial advisor. Investors are encouraged to continue reading to find […]
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