Stuart Horowitz, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Goodman & Nekvasil P.A., May Recover Investor Losses | Stuart Horowitz, Financial Advisor Suspended from Securities Industry 

From 2009 until Stuart Horowitz’ termination in 2016, Stuart Horowitz was licensed with Securities America, Inc. According to FINRA’s records, Stuart Horowitz was terminated by Securities America, Inc. on January 25, 2016. Securities America, Inc. reported to FINRA that after consultation with FINRA, Stuart Horowitz in an agreement with FINRA proposed to resign prior to FINRA’s planned suspension and subsequent fine.

Subsequent to Stuart Horowitz’ termination by Securities America, Inc. FINRA investigated Stuart Horowitz and brought a disciplinary action against Stuart Horowitz. Stuart Horowitz was suspended for 1 months from the securities and investment banking industry and fined $100,000 on February 23, 2016. FINRA reports that Stuart Horowitz consented to the sanctions and to the entry of findings that Stuart Horowitz recommended and engaged in unsuitable trading in preferred notes of an unregistered limited partnership investment fund. The findings stated that specifically, Stuart Horowitz’ recommendations lacked a reasonable basis because Stuart Horowitz failed to adequately investigate red flags that the fund was not a viable investment.

FINRA also reports that 36 complaints and/or arbitration claims were filed involving Stuart Horowitz’ conduct with Securities America, Inc. and/or other Firms, alleging breach of fiduciary duty, gross negligence, misrepresentation, fraud, breach of contract and/or other allegations. These complaints and/or arbitration claims all settled, with the largest settling for $868,000, $865,000 $260,000, $250,000 and $234,142.50.

If you lost any money on investments with Stuart Horowitz, you may be able to recover your losses from Securities America, Inc. This is because Securities America, Inc. had a duty to supervise Stuart Horowitz. 

If you lost money on investments with Stuart Horowitz and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Securities America, Inc. concerning Stuart Horowitz’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Goodman & Nekvasil, P.A. has recovered approximately $170 million on behalf of victimized investors. If you lost money on investments with Stuart Horowitz and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

Contact Us Today!

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