Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has officially opened an investigation into Todd Mitchell Cohen (CRD #2918824), a registered financial advisor with Aegis Capital Corp. in Suffolk County, New York. If you invested with Todd Cohen or Aegis Capital Corp. and have questions about your portfolio or concerns about potential investment losses, this report is a critical read. Our attorneys leverage our former Wall Street defense experience and insider knowledge to aggressively fight to recover funds for harmed investors.
Our investigation aims to ensure full transparency and protect your interests. We rely on facts from BrokerCheck and public records, reflecting experience honed over 95+ years of combined securities law work, a record of over $520 million in securities matters, and a 98% success rate in hundreds of investor recovery claims.
Overview of Todd Mitchell Cohen – Aegis Capital Corp., Suffolk County, New York
Table of Contents
- Firm: Aegis Capital Corp.
- Location: Suffolk County, NY
- FINRA CRD Number: 2918824
- Licenses Held: Series 7, 63, 65, SIE
- Employment History: Past associations with Paulson Investment Company, GunnAllen Financial, Wachovia Securities
What Our Investigation Reveals: Red Flags for Investors
Based on our review of Todd Cohen’s FINRA BrokerCheck report (as of July 29, 2026), investors should be aware of multiple disclosures that raise serious concerns about the handling of client accounts, especially regarding suitability, misrepresentation, and unresolved tax liens. Our attorneys have identified the following specific issues:
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Customer Disputes / Complaints:
- May 20, 2026 (Pending – FINRA Case 26-00904): A customer alleges Todd Cohen made an unsuitable recommendation, breached fiduciary duty, and committed misrepresentations regarding a corporate debt product. The damages claimed total $200,000. This FINRA arbitration remains unresolved and is closely monitored by our firm.
- September 14, 2018 (Settled): Another customer alleged unsuitable investment recommendations. Although the investment product was not specified, the claim was believed to exceed $5,000. This case ultimately settled for $375,000 on September 12, 2019. Though Cohen reportedly did not contribute personally to the settlement, this remains a significant recovery for the investor.
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Judgment and Lien Disclosures:
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Five outstanding tax liens remain against Todd Cohen. Of these, two are especially noteworthy:
- IRS Lien (October 29, 2018): Filed in Suffolk County, NY, for $166,980, per docket LFED00028750 – still outstanding.
- State of New York Lien (April 25, 2018): Filed in Suffolk County, NY, for $3,194, per docket E144819092W0044 – still outstanding.
There are three additional unresolved tax liens documented.
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Five outstanding tax liens remain against Todd Cohen. Of these, two are especially noteworthy:
| Date | Nature | Details | Outcome |
|---|---|---|---|
| 05/20/2026 | Customer Dispute | Unsuitable recommendation, breach of fiduciary duty, misrepresentation (Corporate Debt). Claimed damages: $200,000. | Pending (FINRA Arbitration #26-00904) |
| 09/14/2018 | Customer Dispute | Unsuitable recommendation. Damages unspecified; investor recovered $375,000. | Settled 09/12/2019 (No Cohen contribution) |
| 10/29/2018 | IRS Tax Lien | Filed in Suffolk County, NY. Amount: $166,980. Docket LFED00028750. | Outstanding |
| 04/25/2018 | NY State Tax Lien | Filed in Suffolk County, NY. Amount: $3,194. Docket E144819092W0044. | Outstanding |
Understanding the Rules: Unsuitable Recommendations and Misrepresentation
Investor complaints against Todd Cohen primarily involve allegations of unsuitable recommendations and misrepresentation. These are serious issues under FINRA Rule 2111 (Suitability) and Rule 2020 (Use of Manipulative, Deceptive, or Other Fraudulent Devices):
- Suitability: Advisors must ensure investments fit your personal risk profile, goals, and financial circumstances. Recommending products inappropriate for your needs can cause substantial losses.
- Misrepresentation: Misleading statements or omissions may induce investors to purchase unsuitable products. This violates both industry rules and investor trust.
Additionally, Regulation Best Interest (Reg BI) requires brokers to act in the best interest of retail customers when making recommendations. This standard underscores the need for advisors to disclose conflicts, act with care, and recommend only investments that truly serve the client’s best interests.
Potential Investor Impact: Risks and Rights
Customer complaints and outstanding liens may indicate financial instability or compliance concerns. In Todd Cohen’s case, the pattern of disputes and tax liens can raise questions about the care and diligence with which client accounts have been managed. Our former defense attorneys understand how these issues affect investors in real cases. Possible risks for clients include:
- Unrecovered or excessive investment losses
- Risks of further unsuitable or conflicted recommendations
- Increased exposure if tax liens affect the advisor’s ability to focus on client needs
Remember, you have legal rights as a retail investor. Arbitration or negotiation can often result in substantial recovery of lost funds. Our proven experience and a 98% investor recovery rate help level the playing field for you.
What Should You Do If You Invested with Todd Cohen or Aegis Capital Corp.?
If you have worked with Todd Cohen or Aegis Capital Corp. in New York or elsewhere and suspect unsuitable advice, misleading information, or unexplained investment losses, we encourage you to act. Our attorneys offer a free, confidential consultation with no obligation and no fee unless you recover.
- Ask us to review your account for mismanagement, conflicts of interest, or losses
- Leverage our insider perspective as former defense counsel and our Super Lawyers and Martindale-Hubbell AV Preeminent designations
- Begin the process to fight for your recovery and peace of mind
Get Experienced Investor Advocacy – Free Consultation
With over 95+ years of combined experience, hundreds of investor cases handled, and an unwavering commitment to securing recoveries, our firm stands ready to aggressively advocate for you. We represent investors nationwide and understand how
