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Alan Appelbaum Investigation-Former HJ Sims Broker-Boca Raton, FL

March 31, 2016-Boca Raton, FL

We have filed an arbitration with the Financial Industry Regulatory Authority (FINRA) against H.J. Sims & Co. on behalf of a local resident who alleges that Alan Z. Appelbaum, while employed by H.J. Sims, mishandled her account, causing her significant losses to her retirement nest egg.

The FINRA records of Alan Z. Appelbaum disclose that he has been named in 7 regulatory events and 11 customer disputes. Four of the customer disputes (including the case of our client) are still pending.

The pending customer disputes include:

  • Complaint 8/15/2015-Client alleges unsuitable product and churning while Appelbaum was employed by H.J. Sims. Damages $200,000.
  • FINRA Case 14-2442-Client alleges breach of fiduciary duty, failure to supervise, violation of FINRA/NASD rules while Appelbaum employed by H.J. Sims. Damages $350,000.

Alan Appelbaum's employment history, per FINRA, is as follows:

  • 6/2015-present Aegis Capital Corp.
  • 6/2002-6/2015 H.J. Sims & Co.

If you have losses in an account handled by Alan Appelbaum, call to speak with an experienced securities attorney and learn how you may be able to collect damages from Appelbaum's employer.

Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900


Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.