Cory David Bataan, of Melville, New York, a stockbroker currently registered with Aegis Capital Corp., has been named in a customer initiated investment related arbitration claim, which settled on August 25, 2015 for $25,000.00 in damages based upon allegations that Bataan made unsuitable investment recommendations concerning over-the-counter equities and generated commissions and fees which were excessive.
FINRA Public Disclosure reveals that Bataan has been identified in three additional customer disputes regarding his alleged misconduct while employed with Aegis Capital Corp. and Joseph Stevens & Company, Inc. Particularly, on September 12, 2001, a customer initiated investment related arbitration claim involving Bataan’s conduct was settled for $13,944.45 in damages based upon allegations that Bataan effected unauthorized equity transactions in the customer’s investment account.
On December 18, 2003, another customer initiated investment related arbitration claim concerning Bataan’s activities was resolved for $23,000.00 in damages based upon allegations that Bataan effected unsuitable and unauthorized equity trades in the customer’s account, made misrepresentations to the customer concerning investments, and used the customer’s margin in a violative manner.
Further, on September 23, 2016, a customer initiated investment related arbitration claim involving Bataan’s conduct was settled for $11,528.36 in damages based upon allegations that between November of 2012 and November of 2014, Bataan churned the customer’s account, effected unauthorized and unsuitable equity trades, and breached his fiduciary duty to the customer.
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.
