DID ANTOINE DEVON SHAMLEE CAUSE YOU INVESTMENT LOSSES?
Antoine Shamlee Formerly With Newbridge Securities Corporation Has 2 Customer Complaints For Alleged Broker Misconduct
About Antoine Shamlee Formerly With Newbridge Securities Corporation?
Antoine Shamlee (CRD #4750442) has a history in the financial services industry, characterized by a string of brief tenures at various firms and a record of regulatory compliance. Currently unregistered, Shamlee has worked for at least eight firms since entering the industry in 2005. Notably, his professional journey includes positions at firms like Newbridge Securities Corporation, Caldwell International Securities, and Meyers Associates, L.P., with registrations ranging from Boca Raton, Florida, to Nassau, Bahamas. Despite passing one principal/supervisory exam and two general industry/product exams, his career has been overshadowed by customer disputes and allegations of misconduct. His frequent changes in employment, coupled with a history of disciplinary issues, paint a concerning picture of instability and questionable adherence to industry standards.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Antoine Shamlee Customer Complaints and Reviews
Customer Dispute (Total: 2 Incidents)
- Disclosure 1 of 2:
- Date Received: January 3, 2023
- Firm Involved: Newbridge Securities Corporation
- Allegations: Failure to supervise, respond eat superior, negligence, breach of contract, and violation of industry rules.
- Alleged Damages: $224,462.00
- Outcome: Settled for $175,000.00 on September 29, 2023, with no financial contribution from Shamlee himself.
- Disclosure 2 of 2:
- Date Received: December 30, 2006
- Firm Involved: S.W. Bach
- Allegations: Unauthorized trades in Apple Computer and related options.
- Alleged Damages: $30,000.00
- Outcome: Settled for $14,000.00 on October 15, 2009, with the entire amount paid by Shamlee. The client later acknowledged that Shamlee’s initial strategy was indeed effective.
Allegations Against Antoine Shamlee
Antoine Devon Shamlee has been implicated in a series of serious allegations:
- Failure to Supervise, Negligence, Breach of Contract, Violation of Industry Rules: These allegations were related to his tenure at Newbridge Securities Corporation, indicating a significant lapse in supervisory responsibilities and adherence to contractual and regulatory obligations.
- Unauthorized Trades: During his time at S.W. Bach, Shamlee was accused of making unauthorized trades involving Apple Computer and related options, a clear violation of client trust and industry norms.
These issues have not only led to financial settlements but also to a tarnished reputation within the financial services community.
Antoine Shamlee Red Flags & Your Rights As An Investor
Of course, Antoine Shamlee 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 Antoine Shamlee at Newbridge Securities Corporation on alert to review carefully the activity and performance of their accounts and question whether Antoine Shamlee has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Newbridge Securities Corporation 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 Newbridge Securities Corporation Due To Antoine Shamlee
If you have questions about Newbridge Securities Corporation and/or Antoine Shamlee 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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