Gil Sharon of New York New York is a stockbroker currently registered with Maxim Group LLC who is the subject of a customer initiated investment related arbitration claim in which the customer requested $200,000.00 in damages supported by allegations that (1) unauthorized options and equity trades had been executed in the customer’s account (2) the customer’s investment portfolio had been excessively traded and churned and (3) the customer had been defrauded in the course of investing through Maxim Group LLC between January of 2015 and November of 2015. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-02832 (Nov. 17, 2017).
FINRA Public Disclosure reveals that Sharon has been identified in three additional customer initiated investment related disputes that pertain to accusations of his violative conduct during the time that he was associated with Maxim Group LLC and Gilford Securities, Inc. In particular, on November 5, 2003, a customer filed an investment related written complaint involving Sharon’s conduct where the customer sought $20,362.00 in damages based upon allegations that unauthorized over-the-counter equities transactions were effected in the customer’s account and excessive commissions had been charged to the customer’s account on investment transactions.
On November 19, 2003, another customer filed an investment related written complaint regarding Sharon’s activities in which the customer requested $53,000.00 in damages founded on allegations that the customer’s over-the-counter equities portfolio had been churned and commissions charged to the customer’s account were inappropriate. The customer additionally claimed that erroneous promises had been made to the customer concerning performance of speculative investments and that misstatements had been made in reference to investments purchased by the customer.
Further, on December 26, 2013, a customer initiated investment related written complaint concerning Sharon’s conduct was settled for $40,000.00 in damages supported by allegations that stock and over-the-counter equities transactions were executed in the customer’s account on an unsuitable and excessive basis.
Since June 9, 1994, Sharon has been associated with nine different broker dealers, two of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct.
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