Paul Falcon, of Boca Raton, Florida, a stockbroker with Aegis Capital Corp., was named in a customer dispute on April 25, 2016. Particularly, the customer requested $190,672.12 in damages after alleging that Falcon made investment recommendations that were unsuitable for the customer, and alleged that the customer’s investment performance was poor.
Public Disclosure records reveal that Falcon has been subject to three previous customer disputes. Specifically, on July 5, 2001, Falcon settled a customer dispute for $2,000.00 after the customer alleged that Falcon failed to follow the customer’s investment instructions. Falcon reportedly made purchases of government bonds when the customer never authorized such transactions.
On February 17, 2000, Falcon settled a customer dispute for $4,667.80 after the customer alleged that Falcon failed to invest the customer’s money in debt securities in accordance with the customer’s instructions. Falcon settled a customer dispute for $15,000.00 on September 3, 1999, after a customer alleged that Falcon did not properly convey to the customer that the purchase of a federal home mortgage debenture carried a ten-year maturity, and the customer would not have made such purchase if he was properly apprised of the information.
Guiliano Law Group
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