Shane Alexander Appelbaum (CRD#4772668) and HERBERT J. SIMS & CO, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Shane Alexander Appelbaum (CRD#4772668) regarding allegations made regarding the following:

Claim(s) Made Against Shane Alexander Appelbaum:

Claim Date: 5/28/2024

“An unclear claim that certain investments did not perform. Focused primarily on investments made with the clients former broker that is now retired. 2010 – 2020”

This claim, as of this posting, is currently Pending with a claim amount of $3,000,000.00 .

Claim Date: 2/20/2020

“Suitability of $75K Bank of America CD purchased in Oct. 2014, maturing 2030; & $240K Citibank CD purchased in Jan. 2014, maturing 2034 purchased for the partnership which is beneficially owned by an elderly husband & wife”

This claim, as of this posting, is currently Closed-No Action with a claim amount of $86,864.90 .

See more information on FINRA’s BrokerCheck site for Shane Alexander Appelbaum.

Were you a customer of Shane Alexander Appelbaum?

If you had a negative experience or issue with Shane Alexander Appelbaum and HERBERT J. SIMS & CO, INC. from BOCA RATON, FL, the Securities Lawyers at Halling & Cayo, S.C. may be able to help you. Brokerage firms have a duty to supervise all registered representatives, such as Shane Alexander Appelbaum, and ensure that they follow all securities rules and regulations and internal policies. If a brokerage firm fails to do so, it may be held liable for investment losses sustained by customers.

The Securities Lawyers have recovered millions of dollars for investors across the United States and are currently investigating the possibility of representing individual or group investors who have suffered losses. If you were a customer of Shane Alexander Appelbaum and HERBERT J. SIMS & CO, INC. and suffered investment losses, please contact the Securities Lawyers. We will only receive payment if we are able to recover your money, and you may be eligible for financial compensation. It’s important to note that there may be time limits or statutes of limitations that apply to your claim, so it’s crucial to speak with an attorney as soon as possible.


Contact The Securities Lawyers

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.