Brian Court Racks Up Fifth Investor Dispute

Brian Court (CRD #: 2591547), a broker previously registered with Aegis, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on February 23, 2024. Details regarding this dispute are provided below. 

Investor Allegations 

These are two recent allegations. Visit Brian Cox’s BrokerCheck profile for the complete list. 

On November 28, 2023, investors alleged that Brian Court engaged in negligence and failed to conduct adequate due diligence. They further alleged that he engaged in excessive and unauthorized trading, as well as misrepresentation. 

The investors are seeking $100,000. 

On November 17, 2023, investors alleged that Brian Court recommended an unsuitable investment, overconcentrated their investments, and made misrepresentations and omissions. 

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk. 

Unauthorized Trading

Unauthorized trading violates FINRA Rule 3260, which limits brokers to exercising their trading discretion in pre-approved discretionary accounts.

Misrepresentation 

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent tactics to influence the purchase and sale of securities. Misrepresenting an investment’s risks, requirements, or other features violates this rule.

Bankruptcy 

There is a bankruptcy disclosure dated March 29, 2023. 

Background Information 

Brian Court has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination
• Series 24 General Securities Representative Examination 

He has registered with the following firms: 

• Aegis Capital Corp (CRD #: 15007) 
• J.P. Turner & Company (CRD #: 43177) 
• Gunnallen Financial (CRD #: 17609) 
• Investec Ernst & Company (CRD #: 266) 
• Royce Investment Group (CRD #: 10494) 

Kurta Law Can Help 

If you have worked with Brian Court and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.