Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Surage Perera (Perera), previously associated with Aegis Capital Corp., has at least one disclosable event. These events include one regulatory event, alleging that Perera recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on June 12, 2025.
The Securities and Exchange Commission (‘Commission’) deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted Surage Kamal Roshan Perera (‘Respondent’). In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement, which the Commission has determined to accept. The commission finds that on May 6, 2025, a final judgment was entered by consent against Perera, permanently enjoining him from future violations of Section 17(a) of the Securities Act of 1933 (‘Securities Act’), Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Advisers Act, as set forth in the judgment entered in the civil action entitled Securities and Exchange Commission v. Surage Kamal Roshan Perera, et al., Civil Action Number 23-CV-2316, in the United States District Court for the Eastern District of New York. The Commission’s complaint alleged that from at least February 2022 and continuing to March 2023, Perera, through his unregistered investment adviser firm Janues, defrauded at least one advisory client out of millions of dollars by lying about investment opportunities and strategies; misappropriating the advisory client’s money by, in part, not purchasing the securities she subscribed to through Janues and using a substantial portion of her money to engage in high volume, highly leveraged trading in other securities; lying to her about non-existent investment profits; and concealing large trading losses. On October 20, 2023, Perera pled guilty to one count of securities fraud in violation of Title 15 United States Code, Section 78j(b) before the United States District Court for the Eastern District of New York, in United States v. Surage Kamal Roshan Perera, Crim. No. 23-CR129. On May 2, 2024, a judgment in the criminal case was entered against Perera. He was sentenced to a prison term of 78 months followed by three years of supervised release and ordered to make restitution in the amount of $6,300,400. In connection with that plea, Respondent admitted that he knowingly and willfully: (a) employed devices, schemes and artifices to defraud, (b) made untrue statements of material fact and omitted to state material facts necessary in order to make the statements made, in light of the circumstances in which they were made, not misleading, and (c) engaged in acts, practices and courses of business which would and did operate as a fraud and deceit upon members of the investing public, in connection with the purchases and sales of stock in companies traded on the NASDAQ and NYSE, directly and indirectly, by use of means and instrumentalities of interstate commerce and the mails.