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.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com