Johnny Guan (CRD#: 5711977), a registered representative with Aegis Capital Corp. (CRD#: 15007) in Red Bank, New Jersey, is currently involved in a pending customer dispute in which a client alleges that he recommended unsuitable investments, overconcentrated their portfolio, made unauthorized transactions, and breached his fiduciary duty (putting his interests ahead of the client’s), according to his BrokerCheck record accessed on February 4, 2020.
This is not the only disclosure on Johnny Guan’s BrokerCheck record. On April 15, 2016, he became involved in a customer dispute in which a customer alleged that the broker recommended unsuitable investments, misrepresented investments, and engaged in negligence. The client originally requested $40,000 in damages; the dispute settled for $7,200.
Over his 10-year career in the securities industry, Johnny Guan has worked for three brokerage firms. In addition to his current role at Aegis Capital Corp., he has also worked for National Securities Corporation (CRD#: 7569) and Newbridge Securities Corporation (CRD#: 104065).