Last Updated: January 2024 (Melville, NY)
Keith D’Agostino Investigation Summary
Here’s what you need to know about Melville, NY, stockbroker Keith D’Agostino:
- Name: Mr. Keith Michael D’Agostino
- Current Employer: EF Hutton Partners
- DBA: Cove Capital Advisors
- Previous Firms: Aegis Capital Corp. , Stifel Nicolaus & Co.
- Function: Stock Broker/ Financial Advisor
- Aliases: Keith D’Agostino
- Primary Location: Melville, NY
- CRD 2837860
- Can Keith D’Agostino be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $220,000
- Pending Customer Dispute Seeks Damages of $300,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Keith D’Agostino As Your Stockbroker?
Keith D’Agostino discloses settlement of 4 customer disputes, including:
- In 2023 a customer of Aegis Capital was paid $90,000 to resolve allegations that D’Agostino made unsuitable recommendations and the account performed poorly.
- In 2023 another customer of Aegis was paid $35,000 to resolve allegations that D’Agostino misrepresented a private placement investment.
- In 2017 a customer of Aegis was paid $92,000 to resolve allegations that D’Agostino caused their account to perform poorly.
- In 2014 a customer of Stifel Nicolaus & Co. was paid $220,000 to resolve allegations that D’Agostino violated Florida Securities Statutes and breached his fiduciary duty.
There are currently four cases pending by customers of Aegis alleging unsuitable recommendations made by D’Agostino caused losses. Damages in one case are $300,000 and are currently not yet specified in the other 3 cases.
Allegations of Broker Misconduct Against Keith D’Agostino
Customers of Keith D’Agostino have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
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 Keith D’Agostino, contact us for a complimentary consultation with an experienced 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.
