Larry Shatzkamer of Jericho New York a stockbroker formerly employed by Oppenheimer Co. Inc. is referenced in a customer initiated investment related written complaint on April 11, 2018 in which the customer requested damages estimated to exceed $5,000.00 supported by accusations that stock transactions were effected in the customer’s account that were neither suitable for the customer nor authorized.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Shatzkamer has been identified in seven additional customer initiated investment related disputes containing allegations of Shatzkamer’s misconduct while employed with Lehman Brothers, Prime Charter, Ltd., Barrington Capital and Oppenheimer. Specifically, on November 15, 1999, a customer initiated investment related complaint concerning Shatzkamer’s activities was settled for $40,000.00 in damages based upon accusations of suitability relating to the customer’s over-the-counter equities transactions.

On November 22, 1999, another customer initiated investment related complaint regarding Shatzkamer’s conduct was resolved for $40,000.00 in damages founded on allegations that Shatzkamer misrepresented equities products and made investment recommendations that were not suitable for the customer. Thereafter, a customer initiated investment related arbitration claim regarding Shatzkamer’s activities was settled for $27,000.00 in damages supported by accusations that Shatzkamer churned the customer’s over-the-counter equities portfolio. National Association of Securities Dealers (NASD) Arbitration No. 01-01977 (May 31, 2003).

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website