Thomas Duggan of Melville New York a stockbroker currently employed by Aegis Capital Corp has been identified in a customer initiated investment related arbitration claim where the customer sought $1,079,155.08 in damages founded on accusations of elder abuse relating to the customer’s investments between 2017 and 2019 while Duggan was employed by Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00216. According to the claim, transactions were unsuitable for the customer. The customer was allegedly defrauded by investing through Duggan. The claim also alleges breach of contract and negligence.
Duggan has been identified in two additional customer initiated investment related disputes pertaining to allegations of his misconduct while employed by securities broker dealers including Aegis Capital Corp. FINRA Public Disclosure indicates that a customer initiated investment related arbitration claim pertaining to Duggan’s conduct was settled to resolve allegations of unauthorized stock transactions by Duggan.
On January 10, 2019, another customer filed an investment related arbitration claim in reference to Duggan’s conduct where the customer sought $80,000.00 in damages based upon accusations of misrepresentation by Duggan between 2017 and 2019 when the stockbroker was associated with Aegis Capital Corp. FINRA Arbitration No. 19-00045. According to the claim, Duggan’s activities were in breach of contract. The claim also alleges that a fiduciary duty was not complied with which resulted in the customer’s losses.
Duggan has been registered with Aegis Capital Corp since January 29, 2016.