Scott Neil Hananel of Melville New York a stockbroker formerly registered with Aegis Capital Corp is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages founded upon accusations that Hananel executed unsuitable securities transactions during the time that he was associated with Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-00273 (February 3, 2021).
Hananel has been identified in five more customer initiated investment related disputes containing allegations of Hananel’s sales practice violations while employed by securities broker dealers, including GunnAllen Financial Inc., Salomon Grey Financial Corp, and Aegis Capital Corp. FINRA Public Disclosure shows that a customer initiated investment related FINRA securities arbitration claim involving Hananel’s conduct was resolved for $52,000.00 in damages supported by accusations of breach of fiduciary duty and violation of Securities Exchange Act of 1934 Section 10(b) as it pertained to over-the-counter equities transactions while Hananel was registered with Salomon Grey Financial Corp. The claim alleges that the customer’s account had been churned and that misrepresentations were made by the stockbroker. Allegations also include unsuitable transactions, omissions, and fraud.
Hananel is the subject of a different customer initiated investment related FINRA securities arbitration claim that was settled for $150,000.00 in damages founded on accusations of Hananel’s misrepresentations pertaining to over-the-counter equities transactions for the customer’s GunnAllen Financial account.
Another customer initiated investment related FINRA securities arbitration claim concerning Hananel’s activities was resolved for $46,500.00 in damages based upon allegations of Hananel breaching a fiduciary duty to the customer and misusing margin to effect securities transactions at Aegis Capital Corp. FINRA Arbitration No. 16-00684 (October 26, 2016). According to the claim, Hananel engaged in unsuitable and unauthorized trading at Aegis Capital Corp.
Hananel is also referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought up to $100,000.00 in damages supported by accusations of Hananel churning their account between August of 2019 and August of 2020 at Aegis Capital Corp. FINRA Arbitration No. 20-03965 (December 7, 2020). The claim alleges that Hananel’s unsuitable trading and unauthorized transactions resulted in damages to the customer.
On January 29, 2021, another customer filed an investment related FINRA securities arbitration claim regarding Hananel’s conduct. They requested compensatory damages founded on allegations of Hananel giving bad advice on stock trades at Aegis Capital Corp. FINRA Arbitration No. 21-00235. According to the claim, Hananel breached both a contract and a fiduciary duty pertaining to the equities trades.
Hananel’s registration with Aegis Capital Corp has been terminated as of February 2, 2021.
