Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 13, 2018 indicate that Ohio-based David A. Noyes & Company broker/adviser Sam Aziz, who has received customer disputes, was recently named in a FINRA investigation into alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Aziz (CRD# 1721932).
Sam Aziz has spent 30 years in the securities industry and has been registered with David A. Noyes & Company in Dublin, Ohio since July 2018. Previous registrations include Coastal Equities in Dublin, Ohio (2015-2018); Wells Fargo Advisors Financial Network in Dublin, Ohio (2012-2015); Stifel Nicolaus & Company in Dublin, Ohio (2008-2012); JJB Hilliard WL Lyons in Dublin, Ohio (2007-2008); Citigroup Global Markets in Columbus, Ohio (2000-2007); JC Bradford & Company in New York, New York (1997-2000); Merrill Lynch in New York, New York (1988-1997); and American Express Financial Advisors (1987-1988). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 31, 1993; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 27, 1988; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 3 (National Commodity Futures Examination), which he obtained on April 14, 1992; and Series 7 (General Securities Representative Examination), which he obtained on December 19, 1987. He is a registered broker and investment adviser with 23 US states and territories.
According to his BrokerCheck report, he has received three customer complaints and was recently named in a FINRA investigation into alleged rule violations.
In October 2018 FINRA disclosed that it had made a preliminary determination to recommend disciplinary action against Sam Aziz in connection to allegations he violated FINRA rules regarding excessive trading; unsuitable recommendations of margin use; attempting to settle a customer complaint away from the firm; and use of an undisclosed personal email account and text messages to conduct securities business. The action remains pending.
In August 2017 a customer alleged Sam Aziz, while employed at Coastal Equities, purchased unsuitable securities without authorization and made excessive trades. The complaint settled in August 2018 for $210,000.
In 1997 a customer alleged Sam Aziz, while employed at Merrill Lynch, recommended unsuitable investments and executed unauthorized trades. The complaint settled for $75,000.
In 1992 a customer alleged he, while employed at Merrill Lynch, breached his fiduciary duty, induced her to borrow money, and handled the account without Series 3 registration. The complaint settled for $39,000.
If you have complaints regarding Sam Aziz, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.