Red Bank, NJ | January 13, 2026
Red Bank financial advisor Dieter Howard Huber Jr (CRD# 2742065) has six customer disputes disclosed on his FINRA BrokerCheck record, involving allegations of excessive trading, unsuitable investments, unauthorized trading, breach of fiduciary duty, and misrepresentation. According to FINRA records, these complaints resulted in settlements totaling at least $103,553 paid to customers, with alleged damages across all cases exceeding $897,226. Most recently, a September 2025 complaint involving private placement investments was withdrawn in October 2025, though Huber continues to face questions about his nearly three-decade career in the securities industry.
Huber has been registered with Aegis Capital Corp. since October 2016 and works from the firm’s Red Bank, New Jersey branch office. His disclosure history spans multiple firms and includes allegations dating back to 2002.
BrokerCheck Snapshot
Name: Dieter Howard Huber Jr
CRD #: 2742065
Firm: Aegis Capital Corp.
Location: Red Bank, NJ
Years in Industry: 28+
Number of Disclosures: 6
Customer Complaints Against Dieter Howard Huber Jr
Disclosure #1: Private Placement Arbitration – Withdrawn (2025)
Date Complaint Received: September 10, 2025
Firm: Aegis Capital Corp.
Status: Withdrawn (October 28, 2025)
Allegations:
- Breach of fiduciary duty
- Unsuitable investments
- Material misrepresentations
- Material omissions
- Breach of FINRA rules
- Breach of contract
Product Type: Private Placement
Alleged Damages: Unspecified (estimated $5,000+)
FINRA Case #: 25-01901
Settlement: None (case withdrawn)
This was the most recent complaint filed against Huber, involving private placement securities. The complaint was filed with FINRA on September 9, 2025, and withdrawn on October 28, 2025. While the specific circumstances of the withdrawal are not disclosed, the allegations included serious claims of fiduciary duty violations and material misrepresentations in connection with private placement investments.
Disclosure #2: Excessive Trading Settlement (2021-2023)
Date Complaint Received: July 30, 2021
Firm: National Securities Corporation
Status: Settled (January 10, 2023)
Allegations:
- Excessive trading
Product Type: Equity-OTC
Alleged Damages: Not specified
FINRA Case #: 21-01813
Settlement Amount: $37,500.00
Individual Contribution: $0.00
According to Huber’s statement in the BrokerCheck report, he was not a named party to this arbitration and claims he “never spoke to, solicited or recommended any buy, sell or hold recommendations to the clients.” However, the firm settled the case for $37,500, and the complaint remains on Huber’s disclosure record. Huber indicated he intended to seek expungement of this matter from his CRD record.
Disclosure #3: Unsuitable Investment Recommendations Settlement (2021-2024)
Date Complaint Received: April 26, 2021
Firm: Aegis Capital Corp.
Status: Settled (July 19, 2024)
Allegations:
Time Frame: December 2012 – November 2020
Alleged Damages: $125,820.12
FINRA Case #: 21-01073
Settlement Amount: $48,553.00
Individual Contribution: $0.00
This complaint alleged unsuitable investment recommendations over an eight-year period spanning December 2012 through November 2020. The case was filed in April 2021 and eventually settled in July 2024 for $48,553. In his statement, Huber again claimed he was “not a named party” and “never spoke to, solicited or recommended any buy, sell or hold recommendations to the clients.” Despite this statement, the settlement was paid and the disclosure remains on his record.
Disclosure #4: Multi-Allegation Complaint – Settled and Dismissed (2016-2017)
Date Notice Served: May 16, 2016
Firms: Newbridge Securities Corp. and National Securities Corp.
Status: Settled (May 12, 2017)
Allegations:
- Suitability violations
- Unauthorized trading
- Negligence
- Breach of fiduciary duty
- Misrepresentation
Product Type: Equity-OTC
Alleged Damages: $42,305.93
FINRA Case #: 16-00767
Settlement Amount: $8,500.00
Individual Contribution: $0.00
This disclosure appears twice in Huber’s record with different alleged damages amounts. According to the second version of this complaint, the alleged damages were $200,100.14, and the matter was dismissed on November 14, 2017. Huber stated he “vehemently denied” all allegations and claimed he “never solicited any purchase or sale of any type of investment to the client.” He indicated he was named solely because he was “one of the parties in a joint rep code as the broker of record.”
Disclosure #5: Churning and Unsuitable Investments Settlement (2003-2005)
Date Complaint Received: September 22, 2003
Firms: Coleman & Co. Securities, R.D. White & Co., Inc., First Montauk Securities Corp.
Status: Settled (May 4, 2005 / August 3, 2005)
Allegations:
- Unsuitable investments
- Churning
- Misconduct
Product Type: Common Stocks / Equity-OTC
Alleged Damages: $450,000.00
NASD Case #: 03-03221
Settlement Amount: $9,500.00
Individual Contribution: $9,500.00
This was the only case where Huber made a personal financial contribution toward settlement. The complaint alleged churning and unsuitable investments involving common stocks, with the client claiming $450,000 in damages. In his statement, Huber denied the allegations and claimed “most of the trading in question occurred at firms the broker was never associated with, in accounts not serviced by the broker.” He stated the settlement was entered “without admitting any liability, and solely to avoid the expenses and uncertainty of litigation.”
Disclosure #6: Excessive Trading – Denied (2002)
Date Complaint Received: November 5, 2002
Firm: First Montauk Securities Corp.
Status: Denied (November 15, 2002)
Allegations:
- Excessive trading beyond suitability
Product Type: Equity-OTC
Alleged Damages: $29,000.00
Settlement Amount: $0.00
This complaint was denied with no payment to the customer. Huber stated that “the clients were experienced investors who understood and agreed to the investment strategy followed in their account,” and accused the clients of “attempting to shift the responsibility for their own investment decisions.”
Pattern of Complaints / Risk Factors
While each case is unique, a pattern of complaints involving excessive trading, unsuitable investments, and unauthorized transactions may indicate concerns related to account management practices, inadequate suitability analysis, or insufficient client communication. Investors should carefully review account statements and seek legal guidance if similar issues occurred.
Understanding Excessive Trading and Churning
Several of Huber’s complaints involve allegations of “excessive trading,” which is closely related to the prohibited practice known as churning. Churning occurs when a broker executes an excessive number of trades in a customer’s account primarily to generate commissions, rather than to benefit the customer.
Signs of potential churning include:
- High turnover rates – Frequent buying and selling of securities
- Excessive commissions – Trading costs that consume a large portion of account value
- In-and-out trading – Buying and quickly selling the same or similar securities
- Unsuitable trading frequency – Trading activity inconsistent with the customer’s investment objectives
- Control over the account – The broker has discretion or de facto control over trading decisions
Under FINRA rules, brokers must ensure that trading activity is suitable for the customer’s investment profile and not designed primarily to generate commissions.
The Recurring Pattern of “Not a Named Party” Claims
A notable aspect of Huber’s disclosure history is his repeated claim that he was “not a named party” to arbitrations filed against his firms. In at least two recent cases (FINRA Case #21-01813 and #21-01073), Huber stated he “never spoke to, solicited or recommended any buy, sell or hold recommendations to the clients.”
However, these complaints remain on his BrokerCheck record, and in both cases, substantial settlements were paid ($37,500 and $48,553, respectively). This raises important questions about:
- Joint account arrangements and shared responsibility
- Supervisory failures in account oversight
- Firm compliance practices and client communication
- Broker of record obligations even when not directly involved in trading
Investors should understand that a broker can be held responsible for account activity even if they claim they weren’t directly involved in making recommendations.
Private Placement Securities Risks
The most recent complaint against Huber involved private placement investments. Private placements are securities offerings that are not registered with the SEC and are sold directly to investors. These investments often carry significant risks:
- Illiquidity – Difficult or impossible to sell before maturity
- High minimum investments – Often require substantial capital commitments
- Complex structures – Difficult for average investors to understand
- Limited regulatory oversight – Less disclosure than public securities
- Higher risk profiles – Often involve speculative or development-stage companies
- Concentration risk – Large portion of portfolio in a single investment
Private placements may be unsuitable for investors who need liquidity, have conservative risk tolerances, or don’t fully understand the investment structure and risks.
About Dieter Howard Huber Jr’s Background
According to FINRA records, Dieter Howard Huber Jr has been in the financial services industry since 1997. His employment history includes:
Current Position:
- Aegis Capital Corp. (October 2016 – Present) – Registered Representative, Red Bank, NJ
Previous Firms:
- National Securities Corporation (November 2012 – October 2016) – Registered Representative, Edison, NJ
- Newbridge Securities Corporation (August 2009 – November 2012) – Red Bank, NJ
- Prestige Financial Center, Inc. (January 2008 – September 2009) – New York, NY
- National Securities Corporation (March 2004 – February 2008) – New York, NY
- First Montauk Securities Corp. (November 2000 – March 2004) – Red Bank, NJ
- Coleman & Company Securities, Inc. (June 1999 – November 2000) – New York, NY
- R.D. White & Co., Inc. (July 1997 – June 1999) – New York, NY
Securities Licenses:
- General Securities Representative Examination (Series 7) – passed June 1997
- Securities Industry Essentials Examination (SIE) – passed October 2018
- Uniform Securities Agent State Law Examination (Series 63) – passed July 1997
Huber has been in the securities industry for more than 28 years and has worked at seven different brokerage firms. He is currently licensed in 41 U.S. states and territories, giving him authority to conduct securities business across most of the country.
Other Business Activities
In addition to his securities registration, Huber reports involvement with Sharpco Intl, a business described as providing “upfront loan monies as per terms in contract.” This is listed as a non-investment-related activity requiring zero hours per month.
Aegis Capital Corp: Firm Background
Aegis Capital Corp. is a full-service investment banking and brokerage firm headquartered in New York. The firm provides securities brokerage services, investment banking, and wealth management. Investors who have experienced issues with Aegis Capital brokers should understand that the firm itself may be liable for failure to supervise its registered representatives.
Statute of Limitations and Expungement
Several of Huber’s statements indicate he intended to seek expungement of complaints from his CRD record. Expungement is a process by which brokers can request that customer complaints be removed from their BrokerCheck records. However, expungement requires a finding by a FINRA arbitration panel that:
- The claim is factually impossible or clearly erroneous
- The broker was not involved in the alleged misconduct
- The claim is false
Even when settlements are paid, complaints may remain on a broker’s record if expungement is not granted. Investors should be aware that the presence of multiple complaints, even if some were settled or dismissed, may indicate patterns of concern.
It’s also important to note that FINRA arbitration claims generally must be filed within six years of the alleged misconduct. Investors who believe they were harmed years ago should act quickly to preserve their legal rights.
Can Investors Recover Losses from Unsuitable Investments?
Investors who were recommended unsuitable or high-risk investments may be entitled to recover losses through FINRA arbitration.
Patil Law, P.C. has over 15 years of experience representing investors in FINRA arbitration and securities litigation, with more than $25 million recovered for clients across 1,000+ cases. We provide a free, confidential consultation to review your potential claim. Our firm works on a contingency fee basis, meaning you pay no attorney fees unless we successfully recover money for you.
About FINRA Arbitration
FINRA arbitration is a streamlined dispute resolution process for securities-related claims. It offers a faster, more cost-effective alternative to traditional court litigation. Most cases are resolved within 12-16 months. Claims generally must be filed within six years of the incident.
Related Brokers and Firms
For more information about complaints involving Aegis Capital advisors and related securities issues, see:
- Aegis Capital Advisors – Complaints & Disclosures
- Excessive Trading and Churning Claims
- Unsuitable Investment Claims
- Unauthorized Trading
- Failure to Supervise
Frequently Asked Questions
What are the complaints against Dieter Howard Huber Jr?
Dieter Howard Huber Jr has six customer disputes on his FINRA BrokerCheck record involving allegations of excessive trading, unsuitable investments, unauthorized trading, breach of fiduciary duty, and misrepresentation. The complaints resulted in settlements totaling at least $103,553 paid to customers, with alleged damages across all cases exceeding $897,226. The most recent complaint, filed in September 2025, involved private placement investments and was withdrawn in October 2025.
Can investors recover losses involving Aegis Capital Corp?
Yes. Investors who have suffered losses due to broker misconduct at Aegis Capital may be entitled to recover their losses through FINRA arbitration. This includes claims involving excessive trading, unsuitable investments, unauthorized trading, and failure to supervise. Both the individual broker and the firm may be held liable for violations of securities laws and industry rules.
What is FINRA arbitration?
FINRA arbitration is a dispute resolution forum specifically designed for securities-related claims between investors and brokers or brokerage firms. It provides a faster and typically less expensive alternative to traditional court litigation. Cases are heard by a panel of arbitrators with securities industry knowledge, and decisions are binding on all parties. Most FINRA arbitration cases are resolved within 12-16 months from the date of filing.
What does “unsuitable investment” mean?
An unsuitable investment is a security or investment strategy that doesn’t align with a customer’s investment objectives, risk tolerance, financial situation, or investment time horizon. Under FINRA Rule 2111 and Regulation Best Interest, brokers must have a reasonable basis for believing their recommendations are suitable for the customer. Factors considered include the customer’s age, income, net worth, investment experience, liquidity needs, and risk tolerance. Recommending high-risk investments to conservative investors or illiquid investments to customers who need access to their funds can constitute unsuitable recommendations.
How do I look up a broker on BrokerCheck?
You can research any broker’s background by visiting FINRA’s BrokerCheck website at brokercheck.finra.org. Simply enter the broker’s name or CRD number (for Dieter Howard Huber Jr, it’s CRD# 2742065) to access their complete registration history, employment record, licenses, and disclosure events. BrokerCheck is free and provides information on both current and former registered brokers. It’s an essential tool for investors to research financial professionals before deciding to work with them or to investigate concerns about current advisors.
What should I do if I suspect broker misconduct?
If you suspect excessive trading, unsuitable recommendations, or other misconduct, take these steps: (1) Stop authorizing new transactions and request all account statements, trade confirmations, and correspondence; (2) Document all trades you believe were unsuitable or excessive and calculate total commissions paid; (3) File a written complaint with the brokerage firm’s compliance department; (4) Consider filing a complaint with FINRA or your state securities regulator; (5) Consult with a securities attorney who specializes in FINRA arbitration to discuss your legal options. Time limits apply to securities claims, so prompt action is important to preserve your rights.
About Patil Law, P.C.
Patil Law, P.C. is a securities litigation firm dedicated to representing investors who have suffered losses due to broker misconduct, unsuitable recommendations, and securities fraud. Founded in 2018 by attorney Chetan Patil, the firm focuses exclusively on FINRA arbitration and investment loss recovery.
With over 15 years of combined experience in securities law, Patil Law has successfully recovered more than $25 million for clients across 1,000+ cases. Attorney Chetan Patil earned his law degree from Case Western Reserve University School of Law. Attorneys Gabriela Dubrocq and Patricia Herrera earned their law degrees from University of Miami. The firm handles cases nationwide involving unauthorized trading, churning, unsuitable investments, breach of fiduciary duty, and failure to supervise.
Patil Law works on a contingency fee basis, meaning clients pay no attorney fees unless the firm successfully recovers money on their behalf. All consultations are free and confidential.
Don’t Let Time Run Out on Your Claim
Securities arbitration claims are subject to strict time limits. Under FINRA rules, claims generally must be filed within six years of the date of the alleged misconduct. For older complaints against Dieter Howard Huber Jr, some claims may already be time-barred. However, if you experienced losses more recently, you may still have time to pursue recovery.
Don’t wait until it’s too late to protect your rights.
Contact Patil Law Today for a Free Consultation
If you lost money in your account managed by Dieter Howard Huber Jr or experienced similar issues with another broker at Aegis Capital or any other firm, contact Patil Law, P.C. today for a free, confidential consultation. Our experienced securities attorneys can review your situation and explain your legal options.
Call: 800-950-6553
Email: info@patillaw.com
Website: investmentlosslawyer.com
There is no cost and no obligation. We’re here to help you understand your rights and pursue the compensation you deserve.
Disclaimer: The information in this post is based on FINRA BrokerCheck records and public filings. Allegations described are pending or unproven and may be contested. All investors are entitled to fair treatment under securities laws. This is attorney advertising. Prior results do not guarantee a similar outcome. This communication is for informational purposes only and does not create an attorney-client relationship.
