RICK ALAN DAVIDSON of Aegis Capital Miami

Soreide Law Group, a South Florida-based law firm, has been contacted by investors who have allegedly suffered losses due to the recommendations of the AEGIS CAPITAL CORP. of Miami broker/investment advisor:
RICK ALAN DAVIDSON (CRD#: 1315998)
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, RICK ALAN DAVIDSON, has been registered in the securities industry for 35 years. Davidson has 9 Disclosures on his FINRA CRD report. Of those 9 Disclosures, 7 are Customer Disputes, 3 disputes are “Pending,” 4 have “Settled,” and 1 was “Denied.”
There is a complaint pending against Davidson that was filed in June of 2020, with allegations of, “Suitability and Misrepresentation.” The damage amount requested is, $500,000.
In November of 2019, “Suitability” is the reason for the complaint that is currently pending. At the time, Davidson was registered with National Securities Corporation.
In May of 2017, there was a complaint filed alleging,  “Client verbally alleged, inter alia, unauthorized trading with respect to corporate bond investments – January 2015 to May 2016.” The settlement amount was $21,000. The allegations took place while RICK ALAN DAVIDSON was registered with Morgan Stanley.
Also, while Davidson was registered with Morgan Stanley, in July of 2016, there was a complaint filed alleging, “Claimant alleged unsuitability, inter alia, with respect to investments in account – January 2013 to March 2016.” The the case was settled for $175,000.
In March of 2012, a complaint against RICK ALAN DAVIDSON was settled following allegations, “It is alleged that financial advisor engaged in unauthorized transactions beginning in March 2010.” The case was settled for $101,787.94.
In May of 2016, RICK ALAN DAVIDSON “voluntarily resigned” from Morgan Stanley Wealth Management, following, “Allegations relating to registered representative's exercise of discretion in clients' accounts as well as receipt of a loan from a Morgan Stanley employee.”
Davidson, according to BrokerCheck, has been listed with 9 firms.  He is currently listed with since 7/31/2020:
AEGIS CAPITAL CORP.
1395 BRICKELL AVE SUITE 630
MIAMI, FL 33131
Some of Davidson’s previous firms were:
07/28/2017 - 08/14/2020  NATIONAL ASSET MANAGEMENT, INC. - MIAMI BEACH, FL
06/16/2017 - 08/13/2020  NATIONAL SECURITIES CORPORATION - NEW YORK, NY
05/24/2016 - 07/10/2017  JEFFERIES INVESTMENT ADVISERS, LLC - NEW YORK, NY
05/17/2016 - 07/10/2017  JEFFERIES LLC - NEW YORK, NY
10/11/2010 - 06/15/2016  MORGAN STANLEY - NEW YORK, NY
Firms are responsible for supervising their registered representatives’ activities while registered with the firm.  There is a possibility that the member firms may be liable for investment losses suffered by clients.  Soreide Law Group represents investors against broker/dealers before FINRA nationwide.
Please contact Soreide Law Group, based in South Florida, if you have suffered losses due to the actions or recommendations of RICK ALAN DAVIDSON currently with AEGIS CAPITAL CORP. of Miami, Florida, regarding the possible recovery of your investment losses at:  888-760-6552.
Soreide Law Group represents clients nationwide before FINRA on a contingency fee basis--no fee to you if no recovery.