AVGR - Important Notice to Avinger Investors and Aegis Capital Customers: Please Contact the Law Firm of KlaymanToskes

ALL AEGIS CAPITAL CUSTOMERS AND AVINGER INVESTORS SHOULD IMMEDIATELY REVIEW THEIR ACCOUNTS FOR LOSSES

NEW YORK, NY / ACCESSWIRE / March 5, 2024 / National investment loss and securities lawyers KlaymanToskes has commenced an investigation into Aegis Capital for their sale and recommendation of Avinger Inc. (NASDAQ:AVGR). The law firm urges all current and former customers who suffered investment losses to contact the firm immediately at 888-997-9956.

Avinger's stock has declined by 80% in the past year and over 99% since inception. Our law firm helps investors to determine if their investment loss is due to fraud, financial advisor misconduct, or unsuitable investment advice. Depending on the circumstances, investors may be entitled to recover their losses through FINRA arbitration.

As the sole manager for Avinger's seven investment offerings totaling $172 million, Aegis Capital is responsible for conducting proper, complete and accurate due diligence, and has a heightened duty to disclose any potential risks to its customers. As a registered FINRA broker-dealer, Aegis Capital has a responsibility to provide its customers with suitable investment advice, and to avoid conflicts of interest.

Financial advisors and their firms are responsible for providing suitable investment advice and must act in the best interest of their customers. Investment firms may be held liable for any losses incurred by their customers in the event of unsuitable investment recommendations, misrepresentations or omissions of material facts, and/or an overconcentration of the customer's portfolio in one particular investment, class, or market sector. Further, financial professionals and their firms cannot disregard a customer's risk-tolerance when making investment recommendations.

KlaymanToskes is a leading law firm whose sole focus is in the area of securities arbitration and litigation. The firm has represented thousands of brokerage clients throughout the world that maintained accounts with U.S. brokerage firms, resulting in the recovery of over $250 million in FINRA arbitration cases.

Current and former customers of Aegis Capital who suffered investment losses in Avinger Inc. are encouraged to contact attorney Lawrence L. Klayman at 888-997-9956 or by email at lawrence@klaymantoskes.com in furtherance of our investigation.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com

SOURCE: KlaymanToskes, P.A.