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RSL Investigates Aegis Capital Broker Malcolm Segal

UPDATE: July 30,2014- FINRA BrokerCheck records indicate that Segal is no longer registered with Aegis Capital and that a customer has filed a complaint that Mr. Segal, on an unauthorized basis, transferred monies via wire from the client's account. See update here.

Rex Securities Law is investigating registered representative Malcolm Segal of Langhorne, PA, and Boynton Beach, FL, in connection with the alleged mishandling of a brokerage account. We have been contacted by a client of Aegis and Segal who is concerned about certain Certificates of Deposit investments.

Segal is registered with Aegis Capital and, according to FINRA records, is licensed in California, Florida, Missouri, New Jersey, New York, Pennsylvania and Texas. Segal was previously registered with Cumberland Brokerage Corporation of Langhorne, PA, from 01/1989-04/2011.

If you have information which you believe may be helpful to this investigation, we would appreciate hearing from you. Rex Securities Law represents investors nationwide seeking recovery of losses due to the negligence and/or fraud of stockbrokers and stock brokerage firms.

Rex Securities Law

561 391 1900

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.