Aegis Capital Corp—Unregistered Sales of Penny Stocks

Aegis Capital Corp Allegedly Engaged in Sales of Unregistered Penny Stocks and Anti-Money Laundering Violations Aegis Capital Corp allegedly engaged in the sale of unregistered penny stocks, including China Crescent Enterprises, Inc. (CCTR), TAO Minerals Ltd. (TAON), New Market Technology, Inc. (NWMT), AlterNet Systems, Inc. (ALYI), and Numobile, Inc. (NUBL), according to a FINRA news release   presently… Read more »

Aegis Capital Accused of Facilitating Alleged $24.5 Million Pump-and-Dump Schemes

Rochester stockbroker fraud attorney

FINRA accused independent broker-dealer Aegis Capital, of New York City, of failing to supervise its anti-money laundering requirements, and orchestrating an alleged unregistered penny stock scheme which raked in $1.1 million in commissions for the firm. Aegis Capital Liquidated Almost 3.9 Billion Shares of Five Penny Stocks Between April 2009 and June 2011 Aegis Capital… Read more »