Soreide Law Group is reviewing possible investor claims of sales practice violations against Aegis Capital Corp securities broker Kevin Doyle (CRD#: 2189452, Mineola, New York). Namely, investors brought disputes about the securities broker, who joined Aegis Capital Corp in September 2017. Here’s a summary of these disclosures which suggest that Doyle might have caused investors’ losses.
Aegis, Newbridge Client Brings Dispute About Kevin Doyle
Evidently, Kevin Doyle worked for Newbridge Securities Corporation from 2008 to 2016 in Syosset, New York. FINRA BrokerCheck makes reference to a December 2019 lawsuit brought by a Newbridge Securities Corp and Aegis Capital Corp client. This lawsuit contains allegations of breach of fiduciary duty, breach of contract and negligence.
It is possible given these allegations that Doyle might have negligently recommended or sold alternative investments. In fact, the client argued that Doyle’s investment advice was unsuitable because it was “not in line with [the customer’s] investment objectives.” It seems that the client experienced losses on investments made between 2018 to 2019. For this reason, the client demanded $125,000 in compensation in this ongoing matter.
More Investor Disputes About Doyle
Moreover, Kevin Doyle allegedly caused losses to a client of GKN Securities – another previous employer of Doyle. In this lawsuit, the client first alleged that Doyle initiated unsuitable investment transactions. Secondly, Doyle supposedly misled the client and concealed information in connection with the client’s transactions. Also, the client alleged unauthorized transactions and negligence along with unspecified “statutory violations.” Evidently, this lawsuit settled through Doyle making a $8,500 payment to the client.
Also, a prior dispute alleges Kevin Doyle’s improper trading in an investor’s account. That dispute was settled via a client receiving $7,500 in compensation.
Kevin Doyle denies all allegations of his sales practice violations. Other employers of Doyle include National Securities Corporation (2016 to 2017) and Concorde Equity Group, both in New York.
Losses From Kevin Doyle?
Evidently, Kevin Thomas Doyle denies allegations of his sales practice violations. Have you experienced losses by investing through him? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities firms and financial advisors.