January 2020-Boca Raton, FL
The FINRA records of Gregory Spencer O’Brien, a stockbroker who was formerly employed by Aegis Capital Corp. disclose 2 pending customer disputes , 3 prior final customer disputes and outstanding tax liens.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 2/2018 a customer of Aegis Capital filed FINRA arbitration 18-402 alleging that O’Brien made unsuitable investment recommendations and breached his fiduciary duty in connection with investments in equities, real estate securities and unit investment trusts. That matter was settled for $147,500 in 11/2018.
In 4/2019 a customer of Aegis Capital filed a complaint seeking damages of $153,300 alleging that O’Brien made unsuitable use of margin. That matter is currently pending.
In currently pending FINRA case 19-202 a customer of Aegis Capital is seeking $100,000 and alleges fraud, negligence and breach of fiduciary duty.
O’Brien discloses two outstanding IRS tax liens totalling over $100,000.
O’Brien was employed by Aegis Capital from 11/2013 until 9/2018. He is currently employed by PHX Financial, Inc. O’Brien also discloses a business affiliation with CNA Finders, Holly Springs, N. Carolina.
If you have losses in an account in an account handled by Greg O’Brien , contact us for a no charge consultation to discuss how you may be able to recover damages for those losses through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900