Former New York-based Aegis broker Keith Hart is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hart (CRD# 4438580).
Keith Hart has spent 14 years in the securities industry and was most recently registered with the following firms: Aegis Capital in Melville, New York (2014-2015). Previous registrations include Rockwell Global Capital in Melville, New York (2014); Global Arena Capital in Melville, New York (2013-2014); National Securities in Westbury, New York (2013); Newport Coast Securities in Westbury, New York (2010-2013); Prestige Financial Center in Garden City, New York (2008-2010); Newbridge Securities in Farmingdale, New York (2007-2008); and Joseph Stevens & Company in Melville, New York (2001-2007). One of his former employers, Prestige Financial Center, has since been expelled by FINRA. He is currently not registered with any state or firm.
According to his BrokerCheck report, Keith Hart is the subject of one customer complaint, two pending customer complaints, and one civil judgment or lien.
In January 2015 Rockwell Global Capital filed a civil judgment or lien totaling $27,388 against Keith Hart. The judgment remains unsatisfied.
In 2014 a customer alleged Keith Hart, while registered with National Securities, made excessive transactions and recommended unsuitable investments. The customer is seeking $125,000 in damages in the pending complaint.
In 2014 a customer alleged Keith Hart, while employed at Global Arena Capital, executed unauthorized transactions and used margin without authorization. The customer is seeking more than $5,000 in damages in the pending complaint.
In 2006 a customer alleged stockbroker Keith Hart, while employed at Joseph Stevens & Company, generated excessive commissions and made unsuitable investment recommendations. The complaint settled for $21,000.
FINRA rules and federal securities law stipulate that brokers and investment advisers like Keith Hart must comply with a standard known as suitability, which requires them to recommend only investments that are considered suitable for their clients. Brokers must weigh such factors as the customer’s investment goals, experience, age, income, risk tolerance, and others. They may not misrepresent or omit material facts pertaining to an investment, as misrepresentations or omissions might lead a customer to invest unsuitably. Brokers who fail to recommend suitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have complaints regarding Keith Hart, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.
All information in this article is based on public records provided by the Financial Industry Regulatory Authority (FINRA) on March 14, 2016.