Last Updated: November 2023 (New York, NY)
Augie Niles Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Augie NIles:
- Name: Mr. Jerome Frank Niles
- Current Employer: Dominari Securities
- Previous Firms: Revere Securities, Morgan Stanley, Oppenheimer & Co.
- Function: Stock Broker/ Financial Advisor
- Aliases: Augie Niles
- Primary Location: New York, NY
- CRD 3076666
- Can Augie Niles be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Currently Pending Customer Dispute Seeks Damages of $1.4 million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Augie Niles As Your Stockbroker?
In 10/2023 a customer of Revere Securities filed a FINRA arbitration alleging that Augie Niles violated FINRA Rules by making unauthorized trades, material misrepresentations and omissions. The customer is seeking $l,477,272 in this currently pending matter.
Allegations of Broker Misconduct Against Augie Niles
Customers of Augie Niles have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Violations of FINRA Rules 2010,2020,2090, 2111(a), 3110, 3260(b) and 4330(a)
- Unauthorized Trading
- Violation of the Best Interest Rule
- Breach of Fiduciary Duty and the implied Covenant of good faith and fair dealing
- Loss of Financial Opportunity
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Augie Niles, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
