Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 28, 2017 indicate that New Jersey-based Aegis Capital broker/adviser Todd Ellentuck has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ellentuck (CRD# 1321452).
Todd Ellentuck has spent 32 years in the securities industry and has been registered with Aegis Capital in Morristown, Pennsylvania since 2016. Previous registrations include UBS Financial Services in Florham Park, New York; Morgan Stanley Smith Barney in Morristown, New Jersey; Morgan Stanley & Company in Morristown, New Jersey; RBC Dain Rauscher in West Paterson, New Jersey; First Institutional Securities in West Paterson, New Jersey; Broadway Financial Investment Services; Glickenhaus & Company; Liss Tenner & Goldberg Securities; and Liss Tenner & Goldberg. He is a registered broker and investment adviser with five US states: California, Florida, Maryland, New Jersey and New York.
According to his BrokerCheck report, Todd Ellentuck has received a pending customer complaint and was discharged from a former employer.
In July 2017 a customer alleged Todd Ellentuck, while employed at UBS Financial Services, failed to adequately disclose risks, charged excessive fees and commissions, executed unauthorized trades, and made unsuitable investment recommendations. The customer is seeking $750,000 in damages in the pending complaint.
In 2016, he was terminated from his position at UBS Financial Services “after allegations were raised that [he] (i) violated firm order entry policy by failing to enter trades immediately upon receipt; (ii) accepted certain orders from non-customers absent prior trading authorization; and (iii) in certain cases, received both fees and commissions/sales credits in connection with transactions in the same securities.”
If you or someone you know has lost money investing with Todd Ellentuck, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.