Last Updated: October 2025 — Syosset, NY
Here’s what you need to know about Syosset, NY stockbroker Matthew Ian Zagon:
- Name: Matthew Ian Zagon.
- Current Employer: Cova Capital Partners LLC — 6851 Jericho Tpke, Suite 205, Syosset, NY 11791. Registered with this firm since 07/11/2016.
- Prior Firms: GKN Securities Corp. (NY) 01/1994–02/1998; First Asset Management, Inc. (Garden City, NY) 02/1998–09/1998; Joseph Dillon & Company Inc. (Great Neck, NY) 11/1998–12/1999 & 01/2000–11/2000; Investec Ernst & Company (NY) 08/2000–09/2001; KSH Investment Group, Inc. (Great Neck, NY) 09/2001–03/2003; Sands Brothers & Co., Ltd. (NY) 05/2003–11/2003; Sands Brothers International Ltd. (London, UK) 04/2003–11/2003; plus earlier brief registrations at Lehman Brothers, Bear Stearns, Prudential, and Hanover Sterling (1992–1993).
- CRD number: 2165362.
- Stockbroker / Financial Advisor: Yes — FINRA General Securities Representative; SIE (10/01/2018), Series 7 (07/11/2016), Series 63 (08/05/2016). Licensed in multiple jurisdictions, including NY, CA, TX, FL, MA, PA, and PR.
- Can Broker be Sued in FINRA: Yes — a pending customer dispute is disclosed.
- Current Customer Dispute Seeks Total Damages of: $80,000 (private placement).
If you’ve sustained damages from Mr. Zagon, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Matthew Zagon As Your Stockbroker?
Pending written customer complaint (received August 25, 2025): While associated with Cova Capital Partners LLC, a client (through counsel) alleges that Mr. Zagon misrepresented the future performance of a private placement in “KI Health”, including a statement that the value would increase from $0.12 to $5 by September. The claim seeks $80,000 in damages. Mr. Zagon denies making performance claims. (Complaint is broker-reported; a specific FINRA case number was not provided.)
Prior customer complaint (1998): Alleged unauthorized trading and misrepresentation at First Asset Management with claimed damages of $51,800; the matter was denied/closed with no action and reported $0 settlement.
Criminal disclosure (final, dismissed): A 1997 misdemeanor charge (“making of false written statement”) was dismissed on May 18, 1999.
Allegations of Broker Misconduct Against Matthew Ian Zagon
- Unsuitability — Recommending investments inconsistent with a customer’s objectives and risk tolerance may violate FINRA Rule 2111 (Suitability) and, for retail recommendations after June 30, 2020, the SEC’s Regulation Best Interest (Reg BI, Rule 15l-1) care obligation.
- Breach of Fiduciary Duty — In FINRA arbitrations, panels often evaluate whether a broker failed to act in the client’s best interest; for brokerage recommendations to retail customers, this is analyzed under Reg BI.
- Fraud / Misrepresentation — Making false or misleading statements about expected performance can violate FINRA Rule 2020 and Rule 2010.
- Unauthorized Trading — Placing trades without required written customer authorization and firm approval can violate FINRA Rule 3260 (Discretionary Accounts) and Rule 2010.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Matthew Ian Zagon, 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.