Melville, New York | December 14, 2025 – Bryan Lubitz (CRD# 4381244), currently registered with Equitable Advisors, LLC, has a history of seven customer disputes spanning multiple firms over the past decade. The disclosures include one pending complaint filed in October 2025, three settled complaints totaling $174,999.00 in settlements (with Lubitz personally contributing $79,999.50), and three matters that were denied, dismissed, or withdrawn. Lubitz has been in the securities industry for 24 years and was previously registered with Aegis Capital Corp., Newbridge Securities Corporation, and Trident Partners Ltd. This post provides an overview of the customer complaints, settlement patterns, and the rights available to investors who may have been affected.
BrokerCheck Snapshot
Name: Bryan Preston Lubitz
CRD #: 4381244
Firm: Equitable Advisors, LLC (CRD# 6627)
Location: Melville, New York
Years in Industry: 24
Number of Disclosures: 7 (1 Pending, 6 Final)
Disclosures Against Bryan Lubitz
According to FINRA BrokerCheck records, Bryan Lubitz has seven customer dispute disclosures on his record involving allegations of unsuitable investment recommendations, churning, breach of fiduciary duty, unauthorized trading, and negligence.
Customer Dispute – Pending (October 2025)
Complaint Details:
- Firm When Activity Occurred: Aegis Capital Corp.
- Current Firm: Equitable Advisors, LLC
- Date Filed: October 6, 2025
- Docket/Case Number: 25-02124
- Forum: FINRA Arbitration (Charlotte, NC)
- Time Frame: 2021
- Product Type: Equity Listed (Common & Preferred Stock)
- Alleged Damages: $100,000.00 to $500,000.00
- Status: Pending
Customers allege suitability concerns involving equity sales that occurred in 2021 while Lubitz was registered with Aegis Capital Corp.
Customer Dispute – Settled (September 2021)
Complaint Details:
- Firm When Activity Occurred: Aegis Capital Corp.
- Date Filed: June 9, 2021
- Docket/Case Number: 21-01368
- Forum: FINRA
- Time Frame: July 2015 – present
- Allegations: Suitability
- Product Type: Debt-Corporate
- Alleged Damages: $22,637.36
- Settlement Amount: $9,999.00
- Individual Contribution: $4,999.50
- Disposition Date: September 14, 2021
The customer alleged unsuitable investment recommendations involving corporate debt securities during the period from July 2015 through 2021. The matter settled for $9,999.00, with Lubitz personally contributing $4,999.50 to the settlement.
Customer Dispute – Settled (November 2015)
Complaint Details:
- Firm When Activity Occurred: Newbridge Securities Corporation
- Date Filed: December 4, 2014
- Docket/Case Number: 14-03636
- Forum: FINRA
- Allegations: Breach of fiduciary duty, negligence, failure to make suitable investment recommendations, failure to supervise, breach of contract
- Product Type: Debt-Corporate, Equity-OTC, Equity Listed (Common & Preferred Stock), Mutual Fund
- Alleged Damages: $97,000.00
- Settlement Amount: $100,000.00
- Individual Contribution: $75,000.00
- Disposition Date: November 30, 2015
Claimants alleged breach of fiduciary duty, negligence, failure to make suitable investment recommendations, failure to supervise, and breach of contract involving multiple product types. The case settled for $100,000.00, with Lubitz personally contributing $75,000.00 to the settlement.
Customer Dispute – Settled (October 2014)
Complaint Details:
- Firm When Activity Occurred: Trident Partners Ltd.
- Date Filed: November 8, 2013
- Docket/Case Number: 13-03238
- Forum: FINRA
- Allegations: Failure to use stop loss orders causing losses
- Product Type: Equity-OTC, Equity Listed (Common & Preferred Stock)
- Alleged Damages: $100,000.00
- Settlement Amount: $65,000.00
- Individual Contribution: $0.00
- Disposition Date: October 26, 2014
The client alleged that the broker’s failure to use stop loss orders caused losses. The firm settled for $65,000.00, but Lubitz did not personally contribute to the settlement. Lubitz stated that the client did not name him in the arbitration and that allegations were unrelated to him.
Customer Dispute – Arbitration Award for Respondents (May 2024)
Complaint Details:
- Firm When Activity Occurred: Aegis Capital Corp.
- Date Filed: December 15, 2022
- Docket/Case Number: 22-02854
- Forum: FINRA (New York, NY)
- Time Frame: March 2013 – August 2022
- Allegations: Suitability, churning, breach of fiduciary duty, breach of contract, unauthorized trading, negligence, misrepresentation, omission of material facts
- Alleged Damages: $139,224.00
- Status: Arbitration Award/Monetary Judgment (for respondents/defendants)
- Disposition Date: May 24, 2024
The claimant alleged suitability violations, churning, breach of fiduciary duty, unauthorized trading, and other misconduct over a nine-year period. The FINRA arbitration panel ruled in favor of the respondents (broker and firm). Lubitz stated that the client made allegations unrelated to him and that he denied all allegations.
Customer Dispute – Denied (April 2022)
Complaint Details:
- Firm When Activity Occurred: Aegis Capital Corp.
- Date Received: March 8, 2022
- Time Frame: August 2018 – April 2021
- Allegations: Unsuitable recommendations and investments
- Product Type: Equity Listed (Common & Preferred Stock)
- Alleged Damages: $71,000.00
- Status: Denied
- Disposition Date: April 28, 2022
The client alleged unsuitable recommendations involving equity investments. The complaint was denied. Lubitz stated that the client had extensive experience managing financial portfolios and that all positions recommended were suitable.
Customer Dispute – Withdrawn (May 2013)
Complaint Details:
- Firm When Activity Occurred: Trident Partners Ltd.
- Date Filed: May 11, 2011
- Docket/Case Number: 11-01771
- Forum: FINRA
- Allegations: Churning, unsuitable use of margin, breach of fiduciary duty
- Product Type: Equity-OTC
- Alleged Damages: $100,000.00
- Status: Withdrawn
- Disposition Date: May 9, 2013
The complaint alleged churning, unsuitable use of margin, and breach of fiduciary duty. The matter was withdrawn. Lubitz stated that he received notice from FINRA that he was dismissed without prejudice.
Pattern of Disclosures / Risk Factors
Bryan Lubitz’s BrokerCheck record shows a pattern of customer complaints spanning 24 years in the securities industry. The disclosures include recurring allegations of unsuitable investment recommendations, breach of fiduciary duty, and negligence across multiple firms. Lubitz personally contributed $79,999.50 to settlements in two matters, which may indicate liability concerns. The pending complaint filed in October 2025 involves allegations of suitability violations occurring in 2021 while Lubitz was at Aegis Capital. Investors who worked with Bryan Lubitz should carefully review their account statements and consider seeking legal guidance if they experienced losses.
Can Investors Recover Losses?
Investors who suffered losses due to unsuitable investment recommendations, churning, breach of fiduciary duty, unauthorized trading, or negligence may be entitled to recover their 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
If you invested with Bryan Lubitz or other representatives at Equitable Advisors, Aegis Capital, Newbridge Securities, or Trident Partners, you may want to review additional disclosures. Investors who experienced losses involving unsuitable investments, churning, or breach of fiduciary duty should contact a securities attorney to evaluate their recovery options.
Frequently Asked Questions
What happened with Bryan Lubitz?
Bryan Lubitz has seven customer dispute disclosures on his BrokerCheck record, including one pending complaint filed in October 2025 alleging unsuitable equity sales. Three complaints settled for a total of $174,999.00, with Lubitz personally contributing $79,999.50 to two of those settlements. The pending matter involves alleged suitability violations that occurred in 2021 while Lubitz was at Aegis Capital.
How many customer complaints does Bryan Lubitz have?
Bryan Lubitz has seven customer dispute disclosures on his FINRA BrokerCheck record. This includes one pending complaint, three settled complaints, two denied complaints, and one withdrawn complaint. The disclosures span from 2011 to 2025.
What is churning?
Churning occurs when a broker executes excessive trading in a customer’s account primarily to generate commissions rather than to benefit the customer. Churning is a violation of securities laws and FINRA rules. Investors who have been victims of churning may be entitled to recover their losses through FINRA arbitration.
What are unsuitable investments?
Unsuitable investments are securities or investment strategies that do not align with an investor’s financial situation, investment objectives, risk tolerance, or investment time horizon. Brokers have a duty to recommend only suitable investments to their customers. Recommending unsuitable investments is a violation of FINRA rules and may give rise to a claim for damages.
Can I recover losses from unsuitable investments?
Yes, investors who suffered losses due to unsuitable investment recommendations may be entitled to recover their losses through FINRA arbitration. If a broker recommended investments that were inappropriate for your financial situation, risk tolerance, or investment objectives, you may have grounds for a claim. Contact a securities attorney to evaluate your case.
How do I look up a broker on BrokerCheck?
You can look up any registered broker or brokerage firm by visiting FINRA’s BrokerCheck website at brokercheck.finra.org. Simply enter the broker’s name or CRD number to view their employment history, qualifications, and any disclosed complaints, regulatory actions, or arbitration awards.
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.
Contact Patil Law, P.C.
If you suffered losses with Bryan Lubitz or any other broker at Equitable Advisors, LLC, Aegis Capital Corp., Newbridge Securities Corporation, or Trident Partners Ltd., contact Patil Law, P.C. for a free, confidential consultation. Our experienced securities attorneys can review your case and help you understand your legal options.
Phone: 800-950-6553
Email: info@patillaw.com
Website: investmentlosslawyer.com
No obligation. No upfront costs. We only get paid if you recover money.
Disclaimer: The information in this post is based on FINRA BrokerCheck records and public filings. Pending complaints involve allegations that have not been proven. Settled complaints may have been resolved for business reasons without any admission of wrongdoing. 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.
