Newbridge Securities Corp. Financial Advisor, Jeffrey Eglow, Has Four Customer Complaints Since 2015
The Wolper Law Firm is currently investigating claims against Jeffrey Eglow, a Financial Advisor at Newbridge Securities Corp. in Boca Raton. Barry Connell has been in the securities industry since the 1980s and previously worked for SunTrust Investment Services and Wells Fargo Advisors.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), Jeffrey Eglow has four customer complaints since 2015, dating back to his employment with SunTrust Investment Services.
Among the specific customer complaints against Jeffrey Eglow include:
- May 2017—”Client stated she was overcharged for trades.” The matter was settled for $48,758.
- July 2016—“The client alleges over-concentration in UITs and energy securities and holding leveraged ETF positions…” The matter was settled for $115,000.
- September 2015—“The clients consolidated their variable annuities…They allege they were not aware of some of these annuity transfers.”
- March 2015—“Client alleges that terms and provisions of two variable annuities were misrepresented.”
In addition, in 2003, Jeffrey Eglow pled guilty to a charge of defiant trespassing, for entering a storage facility for Pfizer without authorization.
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
If you or someone you know was a customer of Jeffrey Eglow, SunTrust Investment Advisors or Newbridge Securities Corp., and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. Simply put, he knows how the other side evaluates cases, which gives you a competitive advantage.