Thomas Edison Kelly Jr., Broker with Aegis Capital, Named in Customer Dispute Alleging Various Forms of Misconduct

INVESTORS: Aegis Capital broker Thomas Edison Kelly Jr. was named in a customer dispute alleging various forms of misconduct.

Thomas Edison Kelly Jr. (CRD: 2877415) is registered as a broker with Aegis Capital where he’s been employed since 2018. Kelly was previously registered as a broker with National Securities Corporation from 2008 until 2018. 

Kelly has twenty-two disclosures on his BrokerCheck report. Three disclosures relate to personal financial matters. Kelly has received ten customer disputes since 2018.

December 2022 Customer Dispute

Status: Pending

Allegations: Time frame: June 2018 – June 2022. Claimant alleges suitability, churning, breach of fiduciary duty, breach of contract, unauthorized trading, negligence, misrepresentation, omission of material facts

Damage Amount Requested: $60,129.00

June 2022 Customer Dispute

Status: Pending

Allegations: Alleges overconcentration in certain private placements and failure to conduct reasonable due diligence

Damage Amount Requested: $300,000.00

April 2022 Customer Dispute

Status: Pending

Allegations: Allege investment in ARC NYC REIT was not suitable.

Damage Amount Requested: $200,000.00

December 2020 Customer Dispute

Status: Settled

Allegations: Suitability

Settlement Amount: $60,000.00

March 2020 Customer Dispute

Status: Settled

Allegations: Time frame: unspecified. Claimant alleges unsuitability, breach of contract, breach of fiduciary duty.

Damage Amount Requested: $50,668.00

Settlement Amount: $20,651.79

February 2020 Customer Dispute

Status: Settled

Allegations: Suitability, negligence, misrepresentation & omissions.

Damage Amount Requested: $33,000.00

Settlement Amount: $11,500.00

November 2018 Customer Dispute

Status: Settled

Allegations: Suitability, unauthorized trading, breach of fiduciary duty and negligence.

Damage Amount Requested: $500,000.00

Settlement Amount: $55,000.00

October 2018 Customer Dispute

Status: Settled

Allegations: Time Frame: unspecified. Claimant alleges misrepresentation, negligence, and breach of fiduciary duty.

Damage Amount Requested: $230,000.00

Settlement Amount: $30,000.00

August 2018 Customer Dispute

Status: Settled

Allegations: Time Frame: unspecified. Claimant alleges unsuitable recommendations, misrepresentation, omissions, breach of fiduciary duty, negligence, and breach of contract.

Damage Amount Requested: $750,000.00

Settlement Amount: $200,000.00

July 2018 Customer Dispute

Status: Settled

Allegations: Time Frame: unspecified. Excessive trading.

Damage Amount Requested: $211,844.00

Settlement Amount: $12,000.00

The Sonn Law Group is currently investigating allegations surrounding Thomas Edison Kelly Jr.. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.