Investors reportedly may have incurred losses because of securities broker Daniel Reid Horowitz [CRD: 2681741, New York, New York], according to disclosures on FINRA BrokerCheck. According to the regulator, Horowitz has worked for Wells Fargo Clearing Services LLC and Wells Fargo Advisors since April 1, 2016. Read on to learn more about the disclosures concerning Horowitz.
Accusations of Omissions by Wells Fargo Advisors Client
Evidently, a client of Wells Fargo Advisors contested Daniel Horowitz’s sales practices. Allegedly, Horowitz made unsuitable recommendations and failed to disclose investment risks. It appears that Horowitz caused the client to sustain damages on stocks. Therefore, Wells Fargo Advisors opted to settle the matter on June 25, 2024, by compensating the client in the amount of $1,530,986.
Wells Fargo Clearing Services LLC Investor Accused Daniel Horowitz of Sales Practice Violations
Also, a Wells Fargo Clearing Services LLC client filed FINRA Arbitration No. 23-03370 about Daniel Horowitz. Specifically, the client alleged that Horowitz made unsuitable recommendations. Because of this, the client allegedly sustained damages on stocks. Therefore, on June 25, 2024, Wells Fargo Clearing Services LLC settled this matter.
Horowitz Disclosed Unsuitable Recommendations Allegations by Wells Fargo Clearing Services LLC Client
Notably, a client of Wells Fargo Clearing Services LLC contested Daniel Horowitz’s sales practices by filing FINRA Arbitration No. 23-02430. Allegedly, Horowitz made unsuitable recommendations. It appears that Horowitz caused the client to sustain damages. Therefore, Wells Fargo Clearing Services LLC opted to settle the matter on June 25, 2024, by compensating the client in the amount of $469,014.
Were You Impacted By Securities Broker Daniel Horowitz?
Are you looking for more information about Daniel Horowitz? If you incurred losses, contact Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning a potential recovery. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Horowitz and brokerage firms Horowitz worked for deny accusations of sales practice violations.
