Advisor Alert: Our Attorneys Are Investigating Harold Weber For Investment Fraud
Did You Lose Money Because of Harold Weber?
Filed: February 9, 2024
Harold Weber has been the subject of five (5) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Harold Weber.
Who Is Harold Weber of Aegis Capital Corp.?
- Advisor Name: Harold Weber
- Aliases: Harold Weber
- CRD: 1047064
- Location: New York, New York
- Current Employer: Aegis Capital Corp.
- Previous Firms: Wells Fargo Advisors, LLC, Morgan Stanley, and Citigroup Global Markets Inc.
- Number of Known Customer Complaints: 5
- Can Harold Weber Be Sued: Yes, in Private Arbitration
- Can Harold Weber’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $274,412.20
- Highest Settlement: $50,000
If you have suffered investment losses by Harold Weber, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Harold Weber For Broker Misconduct
As of this publication date, Harold Weber has been the subject of 5 customer disputes. Let’s review them below.
In March 2019, a FINRA arbitration was filed against or in reference to Harold Weber by a customer of Morgan Stanley alleging that upon transferring the client’s accounts from Morgan Stanley to Wells Fargo Advisors in 2013, Mr. Weber continued to make unsuitable investment recommendations and that he continued to misrepresent material facts about specific investments. On September 9, 2019, Mr. Weber settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Weber’s employer and/or insurance carrier.
In April 2018, a FINRA arbitration was filed against or in reference to Harold Weber by multiple customers of MSSB alleging unsuitability with respect to investments. Per the customer, he/she lost over $274,412.20 because of Mr. Weber’s actions. On July 1, 2019, Mr. Weber settled the claim for $40,000, and some or all of this amount may have been paid by Mr. Weber’s employer and/or insurance carrier.
In June 2017, a FINRA arbitration was filed against or in reference to Harold Weber by a customer of Wells Fargo Advisors alleging misrepresentation and unsuitable investments in mutual fund securities. On January 23, 2018, Mr. Weber settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Weber’s employer and/or insurance carrier.
In May 2016, a FINRA arbitration was filed against or in reference to Harold Weber by a customer of Wells Fargo Advisors, LLC alleging over-concentration of the client’s retirement account that was opened in 2013, in volatile and speculative penny stocks. On August 30, 2016, Mr. Weber settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Weber’s employer and/or insurance carrier.
In January 2016, a complaint was filed against or in reference to Harold Weber by multiple customers of Wells Fargo Advisors, LLC alleging excessive trading and alleged investments were not suitable. On March 23, 2016, Mr. Weber settled the claim for $3,800, and some or all of this amount may have been paid by Mr. Weber’s employer and/or insurance carrier.
How To File A Claim Against Harold Weber of Aegis Capital Corp. (previously with Wells Fargo Advisors, LLC, Morgan Stanley, and Citigroup Global Markets Inc.) To Get Your Money Back
If you have questions about Harold Weber, Aegis Capital Corp., Wells Fargo Advisors, LLC, Morgan Stanley, Citigroup Global Markets Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.