Nick Eugene Son of New York, NY, a stockbroker registered with Aegis Capital Corp., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $261,765.21 in damages based upon allegations that Son made unsuitable recommendations, breached a contract, and breached his fiduciary duties in connection with the sale of investments when Son was associated with Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00036 (February 4, 2022).
FINRA Public Disclosure shows that Son has been referenced in three other customer initiated investment related disputes concerning Son’s conduct while associated with securities broker dealers. On February 19, 2008, a customer filed an investment related complaint involving Son’s conduct in which the customer requested $18,357.00 in damages based upon allegations that Son made unsuitable recommendations of over-the-counter equities when Son was associated with GunnAllen Financial Inc.
Son was also referenced in a complaint filed on December 22, 2016, in which the customer requested compensation based upon allegations that Son made unsuitable recommendations and inappropriately used margin during the period that Son was associated with Aegis Capital Corp.
On September 17, 2019, a FINRA securities arbitration claim involving Son’s conduct was settled for $62,946.00 in damages based upon allegations that Son engaged in unauthorized trading and made unsuitable investment recommendations at Aegis Capital Corp. FINRA Arbitration No. 18-00408.
Son was associated with Aegis Capital Corp. in New York, NY, as a stockbroker from September of 2014 to January of 2020, and associated with National Securities Corporation in New York, NY, as a stockbroker from January of 2020 to July of 2022.
Son has been associated with B. Riley Wealth Advisors Inc. in New York, NY, as an investment advisor representative since February 18, 2020, and associated with B. Riley Wealth Management in New York, NY, as a stockbroker since July 22, 2022.
