Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 8, 2018 indicate that New York-based Aegis Capital broker Cory Bataan, who has received several customer disputes, has been sanctioned by FINRA in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Bataan (CRD# 2755223).
Cory Bataan has spent 15 years in the securities industry and has been registered with Aegis Capital in Melville, New York since 2012. Previous registrations include Empire Asset Management in New York, New York (2008-2012); Ameritas Investment Corporation in New Hyde Park, New York (2007-2008); and Joseph Stevens & Company in Brooklyn, New York (1996-2001). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on February 11, 2008; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 30, 1996; Series 7 (General Securities Representative Examination), which he obtained on December 3, 2007; and Series 24 (General Securities Principal Examination), which he obtained on October 12, 2010. He is a registered broker with 25 US states and territories.
According to his BrokerCheck report, he has received four customer complaints and one regulatory sanction.
In January 2018 FINRA sanctioned him in connection to allegations he exercised discretion in customer accounts when he executed hundreds of transactions without first obtaining the customers’ authorization or his member firm’s acceptance approval of the accounts for discretionary trading. He was issued a 15-day suspension and a fine of $5,000.
In 2015 a customer alleged Cory Bataan, while employed at Aegis Capital, charged excessive commissions and made unsuitable investment recommendations. The complaint settled in 2015 for $25,000.
In 2014 a customer alleged Cory Bataan, while employed at Aegis Capital, breached his fiduciary duty, made unauthorized transactions, churned investments, and made unsuitable investment recommendations. The complaint settled for $45,000.
In 2002 a customer alleged Cory Bataan, while employed at Joseph Stevens & Company, misrepresented material facts, effected unauthorized transactions, participated in margin violations, and recommended unsuitable securities. The complaint settled for $23,000.
In 2001 a customer alleged he, while employed at Joseph Stevens & Company, made unauthorized trades. The complaint settled for more than $13,900.
If you have lost money investing with Cory Bataan, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.