Brian Joseph Lombardi, of Boca Raton, Florida, a stockbroker formerly registered with Aegis Capital Corp, is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $57,500.00 in damages founded on accusations that false and misleading statements were made by Lombardi regarding the customer’s investment transactions at Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03414 (April 6, 2021). According to the claim, excessive and unsuitable trades were made by Lombardi, resulting in damages to the customer.
This is not the first customer to have alleged sales practice violations by Lombardi while he was registered with a securities broker dealer. FINRA Public Disclosure also shows that a customer initiated investment related FINRA securities arbitration claim involving Lombardi’s conduct was resolved for $27,611.00 in damages supported by allegations of unsuitable and unauthorized trading by Lombardi when he was employed by GunnAllen Financial. The claim alleges churning of the customer’s account by Lombardi.
Lombardi’s registration with Aegis Capital Corp. was terminated on February 22, 2019. He has been registered with I-Bankers Direct LLC since February 15, 2019.