Joe Katzaroff Has Investor Complaints – May Recover Investor Losses

Joe Katzaroff Has Investor Complaints – Goodman & Nekvasil, P.A., May Recover Investor Losses

Joe Katzaroff has investor complaints.

Irvine, California financial advisor Joe Katzaroff (CRD# 1811119) recently received an investor complaint alleging his conduct resulted in $1M in damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with UBS Financial Services, whose website shows that he is a member of the Thompson Katzaroff Kottmeier Group.

Gustavo Miramontes Investigation

Joe Katzaroff Investigation

Mr. Katzaroff’s BrokerCheck report discloses several investor complaints. The most recent, filed in June 2023, alleges that as a representative of UBS Financial Services, he unsuitably managed a trustee’s portfolio and “did not execute investments or an investment strategy consistent with the strategy and goals of the Trustee.” The pending complaint alleges damages of $1 million.

An earlier investor complaint, filed in 2016, alleged that as a UBS Financial Services representative, he made unauthorized trades and failed to disclose the risks of investments.

A third investor complaint, filed in 1999, alleged that as a representative of Paine Webber, he breached his fiduciary duty, committed fraud, misrepresented material facts, and recommended unsuitable investments in a mortgage company’s stocks. The complaint reached a settlement of $73,000.

A fourth investor complaint, filed in 1999, alleged that he made unsuitable investment recommendations and concentrated the account in real estate investment trusts (REITs). In 2000 the complaint reached a settlement of $110,000.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its clients.    

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.  We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 10/20/23. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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