DID BRYAN P LUBITZ CAUSE YOU INVESTMENT LOSSES?
Bryan Lubitz Of Equitable Advisors, LLC And Formerly With Aegis Capital Corp. Has 6 Customer Complaints For Alleged Broker Misconduct
About Bryan Lubitz of Equitable Advisors, LLC?
Bryan Lubitz (CRD #4381244) , currently employed by Equitable Advisors, LLC in Melville, NY, presents a concerning track record within the financial industry. Lubitz has been registered since 2001, and his career has spanned multiple firms, including Aegis Capital Corp and Newbridge Securities Corporation. Despite his extensive experience across 20 U.S. states, Lubitz has only passed two general industry/product exams and one state securities law exam, reflecting a potentially insufficient depth in regulatory and supervisory knowledge. His frequent firm changes might suggest a pattern of instability or dissatisfaction, either from Lubitz or his employers, which is often seen as a red flag in this industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Bryan Lubitz Customer Complaints and Reviews
Lubitz’s career has been marred by multiple customer disputes that highlight serious concerns:
- Suitability and Misrepresentation (Settled 2021): Allegations at Aegis Capital included unsuitable investment recommendations involving corporate debt, settled for $9,999.00.
- Breach of Fiduciary Duty (Settled 2015): At Newbridge Securities, Lubitz faced claims of breach of fiduciary duty and negligence regarding corporate debt and equity investments, resulting in a $100,000 settlement.
- Failure to Use Stop-Loss Orders (Settled 2014): While with Trident Partners, a client alleged losses due to Lubitz’s failure to use stop-loss orders on equity investments, which was settled for $65,000.
Allegations Against Bryan Lubitz
The allegations against Bryan Lubitz involve:
- Failure to provide suitable investment recommendations, highlighting a lack of adherence to client-specific needs and risk profiles.
- Misrepresentation of investment products and strategies, which indicates a severe breach of ethical standards in financial advisement.
- Negligence in managing investment risks, particularly his failure to implement stop-loss orders to mitigate potential losses, reflecting a disregard for client asset protection.
These issues combined sketch a profile of a broker whose practices have repeatedly fallen short of the industry standards required to protect and grow client investments.
Bryan Lubitz Red Flags & Your Rights As An Investor
Of course, Bryan Lubitz 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 Bryan Lubitz at Equitable Advisors, LLC and Aegis Capital Corp. on alert to review carefully the activity and performance of their accounts and question whether Bryan Lubitz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Equitable Advisors, LLC and Aegis Capital Corp. 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.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Equitable Advisors, LLC Due To Bryan Lubitz
If you have questions about Equitable Advisors, LLC, Aegis Capital Corp. and/or Bryan Lubitz 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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