{"id":31538,"date":"2026-03-10T20:45:00","date_gmt":"2026-03-11T01:45:00","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=31538"},"modified":"2026-03-11T09:31:41","modified_gmt":"2026-03-11T14:31:41","slug":"selling-away-attorneys-2","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/","title":{"rendered":"Did You Suffer Investor Losses While Working With Former UBS Financial Broker Dimitrios Michelis?"},"content":{"rendered":"<p style=\"text-align: center;\"><em>Former customers of broker Dimitrios Michelis are seeking $5.8 million in damages following allegations of &#8220;selling away&#8221; and the recommendation of high-risk real estate investment trusts (REITs). The law firm Shepherd Smith Edwards and Kantas is currently investigating these claims to help affected investors recover losses through FINRA arbitration.<\/em><\/p>\n<p><strong>Former Customers Allege Selling Away and Are Suing for $5.8M in Damages\u00a0<\/strong><\/p>\n<p>Shepherd Smith Edwards and Kantas Selling Away Attorneys (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) is speaking with former customers of former UBS Financial Services broker Dimitrios Michelis, who is now an Aegis Capital investment adviser out of New York. Michelis, who has worked 28 years in the industry, has two pending customer disputes listed in his\u00a0<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/2920152\">BrokerCheck CRD<\/a>. The claimants are alleging\u00a0<a href=\"https:\/\/www.investorlawyers.com\/selling-away.html\">selling away<\/a>, and they are collectively seeking $5.8M in damages over what appears to involve real estate investment trusts (REITs).<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/\"  title=\"Continue Reading Did You Suffer Investor Losses While Working With Former UBS Financial Broker Dimitrios Michelis?\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former customers of broker Dimitrios Michelis are seeking $5.8 million in damages following allegations of &#8220;selling away&#8221; and the recommendation of high-risk real estate investment trusts (REITs). The law firm Shepherd Smith Edwards and Kantas is currently investigating these claims to help affected investors recover losses through FINRA arbitration. Former Customers Allege Selling Away and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4055,3955],"tags":[5251],"class_list":["post-31538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-featured-investigation","category-selling-away","tag-selling-away-attorneys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shepherd Smith Edwards and Kantas Selling Away Attorneys<\/title>\n<meta name=\"description\" content=\"Our selling away attorneys are investigating claims against Dimitrios Michelis for $5.8M in losses. If you suffered investment losses due to unapproved products or broker misconduct, contact Shepherd Smith Edwards and Kantas for a free consultation today\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shepherd Smith Edwards and Kantas Selling Away Attorneys\" \/>\n<meta name=\"twitter:description\" content=\"Our selling away attorneys are investigating claims against Dimitrios Michelis for $5.8M in losses. If you suffered investment losses due to unapproved products or broker misconduct, contact Shepherd Smith Edwards and Kantas for a free consultation today\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/03\/selling-away-attorneys-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shepherd Smith Edwards and Kantas Selling Away Attorneys","description":"Our selling away attorneys are investigating claims against Dimitrios Michelis for $5.8M in losses. If you suffered investment losses due to unapproved products or broker misconduct, contact Shepherd Smith Edwards and Kantas for a free consultation today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/","twitter_card":"summary_large_image","twitter_title":"Shepherd Smith Edwards and Kantas Selling Away Attorneys","twitter_description":"Our selling away attorneys are investigating claims against Dimitrios Michelis for $5.8M in losses. If you suffered investment losses due to unapproved products or broker misconduct, contact Shepherd Smith Edwards and Kantas for a free consultation today","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/03\/selling-away-attorneys-.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Did You Suffer Investor Losses While Working With Former UBS Financial Broker Dimitrios Michelis?","datePublished":"2026-03-11T01:45:00+00:00","dateModified":"2026-03-11T14:31:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/"},"wordCount":512,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/03\/selling-away-attorneys-.jpg","keywords":["Selling Away Attorneys"],"articleSection":["Current Investigations","Featured Investigation","Selling Away"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/","url":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/","name":"Shepherd Smith Edwards and Kantas Selling Away Attorneys","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-attorneys-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/03\/selling-away-attorneys-.jpg","datePublished":"2026-03-11T01:45:00+00:00","dateModified":"2026-03-11T14:31:41+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Our selling away attorneys are investigating claims against Dimitrios Michelis for $5.8M in losses. 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