BOCA RATON, FL

Have you lost money with financial advisor Alan Z. Appelbaum, formerly of Aegis Capital in Boca Raton, Florida?  We are looking into allegations made against Alan Appelbaum. Alan Appelbaum has been the subject of 13 customer complaints, including one which settled for $1.65 million in January 2021 regarding sales of structured investments and corporate bonds.  Appelbaum was also fired by Aegis Capital in 2021 for exercising discretion in a customer account without written authority.

Alan Appelbaum was a registered representative of Aegis Capital from July 2015 to May 2021.  He worked at branch offices in Boca Raton, Florida.

Brokerage firms like Aegis Capital have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Florida.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Aegis Capital.

Click to view BROKERCHECK:  Appelbaum, Alan BrokerCheck 6.3.21

If you lost money with Alan Appelbaum, bonds, structured investments, or Aegis Capital, please CONTACT US at 720-599-3505 or 206-795-5798 for a free evaluation of your case.