Clients Of Aegis Broker Scott Hananel File Disputes Alleging Sales Practice Violations
Investors have filed disputes regarding securities broker Scott Neil Hananel (CRD#: 3080827, Melville, New York). Specifically, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows six investor disputes about the securities broker, who worked for Aegis Capital Corp from February 2010 to February 2021. Here’s more about the securities broker.
Aegis Capital Corp Client Indicates Unsuitable Investments In Dispute About Scott Hananel
First of all, a client of Aegis Capital Corp disputed Scott Hananel’s sales practices. The client brought a FINRA Arbitration Claim in February 2021 to contest the suitability of investments. Supposedly, Hananel made unsuitable recommendations. For this reason, the client demanded compensation from Aegis Capital Corp or Hananel in this ongoing matter.
Hananel Involved In Dispute About Breach Of Fiduciary Duty, Breach Of Contract
Also, a client of Aegis Capital Corp took aim at Scott Hananel through a January 2021 lawsuit. Specifically, the client alleges breach of contract and breach of fiduciary duty. These allegations stem from stock recommendations or trades that Hananel may have made at Aegis Capital Corp. Notably, the client alleged that their broker made unsuitable investment recommendations. Because of this, the client demands compensation. Evidently, this matter is unresolved as of June 2021.
Aegis Client Alleges Scott Hananel Made Unauthorized, Unsuitable Trades
In addition, a client of Aegis Capital Corp brought a dispute about Scott Hananel in December 2020. Notably, the client claimed in this FINRA Arbitration Action that Hananel sold unsuitable investments. Not only that, but Hananel is accused of unauthorized trading. Further, the client alleges that excessive trades or churning. Because of this, the Aegis client seeks $50,000 to $100,000 in compensation to settle this unresolved matter.
Client Of Aegis Alleges Over Concentration, Unauthorized Trading
Evidently, a fourth Aegis client came forward to contest Scott Hananel’s actions as securities broker. Particularly, the client alleged breach of fiduciary duty among other sales practice violations in a FINRA Arbitration Claim. Also, this client makes accusations of unauthorized trading. Moreover, Hananel is accused of causing an over concentration of assets in risky investments. In addition, the client alleges unsuitable actions involving margin. For this reason, Aegis Capital Corp opted to settle this matter through making a $46,500.00 payment to the client.
Losses From Investing Through Securities Broker Scott Hananel?
Apparently, Scott Hananel denies allegations of his sales practice violations. Have you incurred losses by investing with this securities broker? If so, touch base with Soreide Law Group at (888) 760-6552 and speak with a knowledgeable securities lawyer about 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 experienced losses because of their securities brokers and their financial advisors.