Aegis Capital Corp. Fired Sean Sullivan
MELVILLE, NY
Have you lost money investing with advisor Sean Sullivan, formerly with Aegis Capital Corp.? Sean T. Sullivan was fired by Aegis Capital Corp. in July 2022, according to FINRA’s (Financial Industry Regulatory Authority) BrokerCheck. The reason for terminating Sullivan’s affiliation with Aegis Capital Corp. was for “multiple allegations of unauthorized trading”.
In addition to being fired by Aegis Capital Corp., Sean Sullivan was also criminally charged with first degree burglary in March 2022. Sullivan has also been the subject of two customer complaints since 2020. One case settled for $145,000.
Sean Sullivan was a financial advisor with Aegis Capital Corp. from November 2015 to July 2022. Sullivan started working with Spartan Capital Securities in July 2022 despite these allegations. Sullivan worked at Aegis’ office in Melville, New York.
FINRA rules require that firms like Aegis Capital Corp. reasonably supervise advisors like Sean Sullivan. If the firm fails to follow these rules, they could be responsible for investor losses.
Our law firm is a securities arbitration law firm that represents investors all over the country, including investors in New York. We have sued numerous brokerage firms before, including Aegis Capital Corp.
View Sullivan, s BrokerCheck 8.16.22