James B. Schwartz, of Melville, New York, a registered representative with Aegis Capital Corp., is currently subject to a pending customer dispute from June 3, 2016, in which several customers requested $2,000,000.00 in damages in connection with allegations that Schwartz made unsuitable investment recommendations to customers, and mishandled customers’ accounts.
According to FINRA Public Disclosure Schwartz is also subject to two additional pending customer disputes. Particularly, on January 29, 2016, customers lodged a complaint against Schwartz, requesting $287,000.00 in damages after asserting that Schwartz excessively traded the customers’ accounts, made unsuitable investment recommendations, and breached his fiduciary duty to the customers.
Schwartz’s other pending customer dispute from November 6, 2016, involves a request of $289,163.47 in damages by customers who alleged that Schwartz committed misrepresentations, negligence, breach of fiduciary duty, and engaged in unauthorized trading in customer accounts. Schwartz was previously subject to a customer dispute on November 16, 2012, in which a customer requested $24,377.92 in damages after alleging that Schwartz engaged in unauthorized trading in the customer’s account.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
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