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Nick Son Of National Asset Management, National Securities And Formerly With Aegis Capital Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Nick Son of National Securities?

Nick Son (CRD #1178523) who is currently registered with National Asset Management, National Securities and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to National Asset Management, National Securities, Nick Son was associated with Aegis Capital and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Nick Son Customer Complaints

Nick Son has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Nick Son’s 4 customer complaints was settled in favor of investors. Two of Nick Son’s customer complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Aegis Capital for investment losses caused by Nick Son’s alleged misconduct.

Allegations Against Nick Son

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimant alleged unsuitability, breach of contract, breach of fiduciary duty by Nick Son.
  • Customer alleged that Nick Son violated his disclosed risk profile, didn’t respond to correspondence, and received biased and incomplete investment advice.
  • Client alleged unspecified damages relating to use of margin, and unsuitable transactions by Nick Son.
  • Claimant alleged unauthorized trading and unsuitable investment recommendations made by Nick Son.

Nick Son Red Flags & Your Rights As An Investor

Of course, Nick Son did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Nick Son at National Asset Management, National Securities and Aegis Capital on alert to review carefully the activity and performance of their accounts and question whether Nick Son has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at National Asset Management, National Securities and Aegis Capital also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At National Securities and Aegis Capital Due To Nick Son

If you have questions about National Securities, National Asset Management, Aegis Capital, and/or Nick Son and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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