Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 16, 2018 indicate that former New York-based Henley & Company broker/adviser Mitchell Kurtz, who has received customer complaints, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Kurtz (CRD# 1418621).
Mitchell Kurtz has spent 24 years in the securities industry and was most recently registered with Henley & Company in Roslyn Heights, New York (2010-2018). Previous registrations include Raymond James Financial Services in Roslyn Heights, New York (2006-2009) and AdVest in Hartford, Connecticut (1994-2006). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on July 16, 2003; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 31, 1994; Series 7 (General Securities Representative Examination), which he obtained on October 14, 2012; Series 24 (General Securities Principal Examination), which he obtained on March 15, 2006; and Series 4 (Registered Options Principal Examination), which he obtained on May 9, 1997. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one FINRA sanction and three customer complaints, and he was recently discharged from his former employer in connection to alleged rule violations.
In July 2018 he was discharged from Henley & Company and Henley & Company Wealth Management in connection to allegations he violated FINRA and SEC rules, as well as firm policies and procedures, concerning outside business activities, selling investments away from the firm, his fiduciary duty obligations, and violations of processional standards as well as the firm’s ethics code.
In 2012 FINRA sanctioned him following allegations that he altered information on new account forms “as an accommodation to his customers’ without notifying his member firm. He was issue a 45-day suspension and a fine of $10,000, and ordered to re-qualify by examination for the Series 7 license.
In 2011 a customer alleged Mitchell Kurtz, while employed at AdVest and Raymond James Financial Services, misrepresented and recommended unsuitable investments. The complaint settled in 2012 for $35,000.
In 2009 a customer alleged Mitchell Kurtz, while employed at Raymond James Financial Services, breached his fiduciary duty, breached the covenant of good faith and fair dealing, breached contract, churned investments, recommended unsuitable transactions, executed unauthorized trades, failed in his supervisory duties, acted negligently, and committed fraud. The complaint settled for $1,100,000.
In 2003 a customer alleged Mitchell Kurtz, while employed at AdVest, churned investments and made unsuitable recommendations. The complaint settled for $400,000.
If you have lost money investing with Mitchell Kurtz, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.