Victim of Financial Fraud? Call Now

Fredric Horowitz Allegedly Executed Unauthorized Transactions

Jan 4, 2023 Unauthorized Trading

Fredric Horowitz (CRD #: 250382), a broker registered with MML Investors Services, was recently the subject of a dispute, according to his BrokerCheck record, accessed on December 26, 2022. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On November 4, 2022, an investor alleged that Fredric Horowitz made multiple unauthorized purchases of certificates of deposit in 2022, causing financial harm to the client. The firm denied this dispute.

However, investors should know that firms can deny disputes without an external review. Investors may be able to recover their losses by seeking out FINRA arbitration after a denial.

FINRA Rule 3260

FINRA Rule 3260 prohibits brokers from conducting discretionary trading outside of accounts approved by their client and firm.

Background Information

Fredric Horowitz has passed the following exams:

  • Series 65 Uniform Adviser Law Examination 
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 1 – Registered Representative Examination
  • Series 53 – Municipal Securities Principal Examination
  • Series 24 – General Securities Principal Examination

Fredric Horowitz is a registered broker in 22 states and the District of Columbia. He is also a registered investment adviser in New York and Texas.

He has also worked for the following firms:

  • G. R. Phelps & Company (CRD#:173)
  • Nathan & Lewis Securities (CRD#:8503)
  • Great Northern Investors Corporation (CRD#:368)
  • Creative Programs Corporation (CRD#:189)

Kurta Law Can Help

If you worked with Fredric Horowitz and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

Recent Results

$16.75M

Million

Recovery for ARC NYC REIT Investors
Learn More
Kurta Law recovered millions of dollars for investors who purchased the speculative and unsuitable ARC NYC REIT. The arbitration settled for substantially more than the investor losses.

Recent Results

$9.3M

Million

Investors Receive Award for More than their Losses
Learn More
Jonathan Kurta was able to recover over $9.3 million for a group of defrauded investors. The claims were based upon the brokerage firm’s failure to supervise a stockbroker who stole client funds and then prepared and disseminated fake account statements for decades.

Recent Results

$7.1M

Million

Elderly Victims Recover After a Decade of Fraud
Learn More
Jonathan Kurta represented a group of elderly women who were the victims of a financial crime perpetrated by a rogue broker. The broker utilized forged documents to steal funds from the clients’ accounts over a decade.

Recent Results

$4.2M

Million

Investor vs. Royal Alliance
Learn More
Jonathan Kurta represented an investor who alleged that Royal Alliance Associates had not fulfilled their supervisory duties. This allegedly allowed brokers to engage in conversion and RICO violations. Read a copy of the award here.

Recent Results

$1M

Million

Utah Firm Executed Unnecessary Transaction
Learn More
A FINRA panel sided with Kurta Law and found that a Utah brokerage firm executed unnecessary transactions in order to generate more commissions. Read a copy of the award here.

Recent Results

$2M

Million

Arizona Investors Options Trading Scam
Learn More
Kurta Law negotiated a $2 million settlement on behalf of Arizona investors who were defrauded in an options trading scam.

Categories