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Pratul Agnihotri Formerly With SW Financial, Spartan Capital Securities, Aegis Capital Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Pratul Agnihotri of SW Financial?

Pratul Agnihotri (CRD #4031797) who is currently registered with SW Financial and located in Melville, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to SW Financial, Pratul Agnihotri was associated with Aegis Capital, Spartan Capital Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Pratul Agnihotri has also been the subject of a FINRA investigation which resulted in a 12 month suspension and the $7,500 fine for allegedly engaging in outside business activities without notifying his employer in violation of the FINRA code of conduct.

Pratul Agnihotri Customer Complaints

Pratul Agnihotri has been the subject of 3 customer complaints that we know about. One of Pratul Agnihotri’s 3 customer complaints was settled in favor of investors. One of Pratul Agnihotri’s customers’ complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against Aegis Capital for investment losses caused by Pratul Agnihotri’s alleged misconduct.

Allegations Against Pratul Agnihotri

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

  • Client alleged Pratul Agnihotri engaged in unauthorized trading.
  • Claimant alleged Pratul Agnihotri’s unauthorized trading, failure to follow instructions, negligence, selling away, breach of fiduciary duty.
  • Claimant alleged Pratul Agnihotri engaged in unauthorized trading, excessive commissions.

Pratul Agnihotri Red Flags & Your Rights As An Investor

Of course, Pratul Agnihotri 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 Pratul Agnihotri at SW Financial, Aegis Capital, and Spartan Capital Securities on alert to review carefully the activity and performance of their accounts and question whether Pratul Agnihotri has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at SW Financial, Aegis Capital, and Spartan Capital Securities 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 SW Financial Due To Pratul Agnihotri

If you have questions about SW Financial, Aegis Capital, Spartan Capital Securities, and/or Pratul Agnihotri 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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