Dennis Daniel Herrera of New York New York a stockbroker formerly associated with Blackbook Capital LLC is referenced in a customer initiated investment related arbitration claim which was settled for $14,500.00 in damages based upon allegations that equity transactions effected in the customer’s account were not suitable for the customer. Financial Industry Regulatory Authority (FINRA) Arbitration No. 15-02006 (Nov. 21, 2016).
FINRA Public Disclosure reveals that Herrera has been identified in three additional customer initiated investment related disputes containing accusations of his misconduct while employed with John Thomas Financial and Hunter Scott Financial, LLC. Particularly, on November 10, 2005, a customer initiated investment related complaint involving Herrera’s conduct was resolved for $40,000.00 in damages based upon allegations that the customer was excessively charged on over-the-counter equities investment transactions executed in the customer’s account especially since those investments poorly performed.
On November 2, 2007, another customer initiated investment related complaint concerning Herrera’s activities was settled for $8,628.55 in damages supported by accusations that a stop loss order was executed on the customer’s over-the-counter equities holdings without the customer’s permission. Then, on January 16, 2014, a customer initiated investment related complaint regarding Herrera’s conduct was resolved for $25,000.00 in damages based upon allegations that Herrera made misrepresentations to the customer concerning private placement investments; and effected stock trades in the customer’s account on an unsuitable and excessive basis. FINRA Arbitration No. 13-00771 (Jan. 16, 2014).
Herrera has been employed by Aegis Capital Corp. since March 8, 2016. Since March 25, 2003, Herrera has been associated with nine different broker dealers, seven of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct. #cockroach
