Articles Tagged with Aegis Capital Corp

Previously financial advisor Alvery Bartlett (Bartlett), previously employed by brokerage firm Aegis Capital Corp. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements.  The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on March 13, 2026.

The arbitration was filed by multiple claimants that allege the representative recommended an investment strategy consisting exclusively of large concentrations in illiquid, speculative, high commission alternative\, investments over the course of more than 15 years (approximately 2001-2016) which was misrepresented to them. They further allege the firm failed to conduct due diligence on the alternative investment strategy and\, failed to supervise the representative’s conduct. One claimant alleges that the representative recommended a private hedge fund that was not properly reviewed and supervised by the firm. After the\, representative left the firm some of the claimants followed him to his next broker-dealers where they allege the representative continued to represent that many of the investments were still active and could liquidate\, and return millions to claimants; thus claimants did not know that their portfolios had lost value overall until recently.\,