David Stewart Silberg, of Melville, New York, a stockbroker currently registered with Aegis Capital Corp., is the subject of a customer initiated investment related arbitration claim, which was settled on May 30, 2017, for $29,750.00 in damages based upon accusations that Silberg made misrepresentations and omissions to the customer about corporate debt investments, and made unsuitable investment recommendations from 2013 to 2017.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Silberg has been identified in two customer initiated investment related disputes concerning allegations of his wrongdoing while employed with GunnAllen Financial and Kirlin Securities, Inc. Particularly, a customer initiated investment related complaint involving Silberg’s conduct was filed on August 17, 2001, where the customer requested $11,700.00 in damages supported by allegations that Silberg made misrepresentations relating to the customer’s variable annuity and mutual fund purchases.
Moreover, on July 5, 2011, a customer initiated investment related arbitration claim involving Silberg’s conduct was resolved for $50,000.00 in damages founded on allegations of unauthorized trading and suitability pertaining to equities transactions.
FINRA Public Disclosure reveals that Silberg has been terminated twice for misconduct. In particular, on February 27, 1998, he was fired by NYLife Securities Inc. based on allegations that he failed to make whole on his financial obligations to his firm. He was subsequently fired by Kirlin Securities, Inc. on November 10, 2004, based on allegations that he failed to notify his firm about customer complaints brought against him.
David Stewart Silberg, of Melville, New York, a stockbroker currently registered with Aegis Capital Corp., is the subject of a customer initiated investment related arbitration claim, which was settled on May 30, 2017, for $29,750.00 in damages based upon accusations that Silberg made misrepresentations and omissions to the customer about corporate debt investments, and made unsuitable investment recommendations from 2013 to 2017.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Silberg has been identified in two customer initiated investment related disputes concerning allegations of his wrongdoing while employed with GunnAllen Financial and Kirlin Securities, Inc. Particularly, a customer initiated investment related complaint involving Silberg’s conduct was filed on August 17, 2001, where the customer requested $11,700.00 in damages supported by allegations that Silberg made misrepresentations relating to the customer’s variable annuity and mutual fund purchases.
Moreover, on July 5, 2011, a customer initiated investment related arbitration claim involving Silberg’s conduct was resolved for $50,000.00 in damages founded on allegations of unauthorized trading and suitability pertaining to equities transactions.
FINRA Public Disclosure reveals that Silberg has been terminated twice for misconduct. In particular, on February 27, 1998, he was fired by NYLife Securities Inc. based on allegations that he failed to make whole on his financial obligations to his firm. He was subsequently fired by Kirlin Securities, Inc. on November 10, 2004, based on allegations that he failed to notify his firm about customer complaints brought against him.
