Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on October 21, 2016 indicate that Florida-based Stifel Nicolaus broker/adviser David Holz is has received pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Holz (CRD# 2488092).
David Holz has spent fifteen years in the securities industry and has been registered with Stifel Nicolaus in Boca Raton, Florida since 2013. Previous registrations include RBC Capital Markets in West Palm Beach, Florida (2009-2013); JB Hanauer & Company in West Palm Beach, Florida (2002-2009); Bluestone Capital in New York, New York (2001); Shochet Securities in Boca Raton, Florida (2001); Argus Securities in Hallandale, Florida (2001); JP Turner & Company in Atlanta, Georgia (2000); and First Madison Securities in Boca Raton, Florida (2000-2001). One of Mr. Holz’s former employers, First Madison Securities, has since been expelled by the Financial Industry Regulatory Authority (FINRA). He is a registered broker and investment adviser in 21 US states and territories: Arkansas, California, Florida, Georgia, Iowa, Maryland, Massachusetts, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Utah, Virginia, and West Virginia.
According to his BrokeCheck report, David Holz is the subject of two pending customer complaints and one denied customer complaint.
In August 2016 a customer alleged David Holz, while employed at Stifel Nicolaus, breached his fiduciary duty, made unsuitable recommendations, acted negligently, misrepresented material facts, engaged in unjust enrichment, and breached contract; the customer also alleged that Mr. Holz, while employed at RBC Capital Markets, unsuitably recommended energy issues and Puerto Rico bonds. The customer is seeking unspecified damages in the pending complaint.
In October 2015 a customer alleged David Holz, while employed at RBC Capital Markets, recommended unsuitable and over-concentrated investments in Puerto Rico bonds. The customer is seeking $300,000 in damages in the pending complaint.
In March 2015 a customer alleged David Holz, while employed at Stifel Nicolaus & Company, generated excessive fees and provided poor investment advice. The customer sought unspecified damages in the complaint, which was denied.
If you have lost money investing with David Holz, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.