Haselkorn & Thibaut Opens Investigation into Mickey Schreiber, Former Aegis Capital Corp. Broker in Red Bank, NJ
If you are an investor who worked with Mickey Schreiber (also known as M. B. Schreiber), most recently with Aegis Capital Corp. in Red Bank, NJ, there are new developments you should know about. Haselkorn & Thibaut, a national investment fraud law firm with 50 years of experience, a 98% success rate, and millions recovered for clients, has launched an investigation into Mickey Schreiber’s activities and history with Aegis Capital Corp.
Below you’ll find key facts, red flags, a full review of Schreiber’s record, and actionable advice if you have concerns about your investments. Every sentence provides valuable information designed to help you make informed choices about your financial future.
Who is Mickey Schreiber?
Mickey Schreiber (CRD #1032600) is a former registered broker and financial advisor whose most recent association was with Aegis Capital Corp. from 2016 to 2022 in Red Bank, NJ. His career in the securities industry spans four decades, beginning in the early 1980s and including positions at several other broker-dealers. As of the latest available data, Schreiber is not currently registered with any FINRA-member firm.
Quick Reference Table
| Advisor Name | CRD Number | Broker-Dealer |
|---|---|---|
| Mickey Schreiber | 1032600 | Aegis Capital Corp. |
Complete Work and Regulatory History
- Aegis Capital Corp. (2016–2022)
- National Securities Corporation (2012–2016)
- Newbridge Securities Corporation (2007–2012)
- Summit Brokerage Services, Inc. (01–10/2007)
- First Montauk Securities Corp. (2002–2007)
- The Concord Equity Group, LLC (1997–2002)
- Mid-State Securities Corp. (1982–1997)
Key Red Flags & Disclosures
Throughout his career, Mickey Schreiber has faced both regulatory actions and customer complaints. Although not currently registered, his historical record reveals several notable events you should consider if you believe your investments were mishandled:
Regulatory Actions
- 2022: FINRA Action (AWC Docket No. 2020065693301): Schreiber accepted a three-month suspension and a $5,000 fine after findings related to:
- Exercising discretion in client accounts without written authorization
- Mis-marking 181 solicited orders as unsolicited, causing inaccurate books and records
- Using personal email for firm business (a violation of recordkeeping rules)
- Providing false compliance attestations to his firm
- 2010: NASD Action (AWC Docket No. 2007010982301): Schreiber was suspended for 60 days and fined $10,000 for borrowing money from a customer, which violated firm policies and FINRA Rules regarding financial relationships with clients.
Employment Separations Due to Alleged Misconduct
- Aegis Capital Corp. (2022): Allowed Schreiber to resign after the above-mentioned FINRA settlement.
- Summit Brokerage Services (2007): Discharged in connection to irregularities in handling client statements and beneficiary designations on a variable annuity without required firm approvals.
Customer Disputes and Arbitration Actions
Contrary to what some generic background checks might show, FINRA’s records confirm multiple customer-initiated actions against Mickey Schreiber. Below is a chronological summary of specific disputes and the details provided:
- 2022: Pending FINRA Arbitration (Jacksonville, FL; Case No. 22-00597)
- Nature of Allegations: Unsuitability and breach of contract involving listed equities
- Damages: Not specified (greater than $5,000)
- Status: Pending as of most recent data review
- 2020: FINRA Arbitration (Jacksonville, FL; Case No. 20-00477)
- Nature of Allegations: Unsuitability, unauthorized trading, churning, misrepresentation, negligence, breach of contract, breach of fiduciary duty, omissions
- Result: Settled for $40,000
- 2000–2002: NASD Arbitration (Docket No. 00-04412)
- Nature of Allegations: Unsuitability & misrepresentation in fixed income securities while at The Concord Equity Group/Mid-State Securities
- Result: Settlement of $80,000 (May–June 2002)
Other Key Allegations Uncovered in the Public Record
- Unsuitability (investments that do not match client needs or risk tolerance)
- Breach of fiduciary duty and best-interest obligations
- Fraud, misrepresentation, or omission of material facts
- Unauthorized trading or use of discretion without proper authorization (potential FINRA Rule 3260 violation)
- Books and records violations involving use of personal email and mis-marking trades (FINRA Rule 4511/SEC rules)
What Does This Mean for Investors?
Allegations such as those involving Mickey Schreiber can result in significant losses for individual investors, especially when unsuitable trades, excessive commissions or unauthorized strategies are involved. These patterns should give pause to anyone reviewing their account statements or recalling any uncertainty about trades made in their account.
Protect Yourself: Next Steps for Concerned Investors
If you suspect improper or unauthorized trading in your account, excessive fees, misleading statements, or have simply lost money investing through Mickey Schreiber or Aegis Capital Corp., you are not alone. The history of regulatory sanctions and customer settlements shows that these are not isolated issues.
- Review your account statements for unauthorized trades or investment products you did not fully understand.
- Take note of any verbal communications regarding trades conducted without your prior approval or that didn’t match your investor profile.
- If your account activity feels unexplained, or you are unsure about the fees, performance, or specifics of any investment, now is the time to act.
Haselkorn & Thibaut is currently investigating claims involving Schreiber and Aegis Capital Corp.. With a strong record — over 50 years of combined experience, a 98% success rate, and millions recovered for investors nationwide — their attorneys offer a confidential, no-cost evaluation of your case. No recovery, no fee.
Ready for Help? Take Action Today
Your financial future is too important to leave to chance. If you lost money or are concerned about activity in your account while working with Mickey Schreiber at Aegis Capital Corp. in Red Bank, NJ, now is the time to discuss your options. Contact Haselkorn & Thibaut at 1-888-994-8066 for a FREE, private consultation.
You can also verify Mickey Schreiber’s regulatory and background records anytime on FINRA BrokerCheck.
Your next call could be the key to recovering the money you’ve worked so hard to earn. Reach out to Haselkorn & Thibaut by calling 1-888-994-8066 — the consultation is complimentary, and you pay no fee unless they recover for you.
