Investor Alert > Michael Kurtz— Alleged Violations Regarding Outside Business Activities, Selling Away, & Fiduciary Duty Obligations

Posted Dec 27, 2018

by Alan Rosca

Michael Kurtz— Alleged Violations Regarding Outside Business Activities, Selling Away, & Fiduciary Duty Obligations

Michael Kurtz Allegedly Violated Henley & Co. LLC’s Policies Regarding Outside Business Activities, Selling Away, & Fiduciary Duty Obligations

Michael Kurtz allegedly violated Henley & Company LLC’s firm policies regarding outside business activities, selling away, and fiduciary duty obligations, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) under review by investor rights attorney Alan Rosca.

Michael Kurtz also allegedly violated Henley & Company LLC’s professional standards and the firm’s code of ethics, FINRA reports.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Michael Kurtz’s alleged violation of firm policies regarding outside business activities, selling away, and fiduciary duty obligations. Investors who believe they may have lost money in activity related to Michael Kurtz’s alleged violation of firm policies regarding outside business activities, selling away, and fiduciary duty obligations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Michael Kurtz Barred by FINRA for Alleged Failure to Provide FINRA with Requested Documents

Michael Kurtz, based on the alleged aforementioned behavior, fell under the scope of a FINRA investigation, FINRA states.

Michael Kurtz was subsequently barred for failure to provide FINRA with requested documents and information during its review of the information on Kurtz‘s Form U5 filed by Henley & Company LLC stating that he allegedly violated both FINRA and SEC rules and firm policies and procedures, FINRA reports.

Michael Kurtz worked at Henley & Company LLC in Roslyn Heights from January 4, 2010 until July 30, 2018, and with Raymond James Financial Services, Inc. in Roslyn Heights from January 3, 2006 until December 15, 2009, FINRA notes.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated, and that Michael Kurtz reportedly consented to the FINRA settlement without admitting to or denying FINRA’s findings.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Michael Kurtz’s alleged violation of firm policies regarding outside business activities, selling away, and fiduciary duty obligations. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Michael Kurtz’s alleged violation of firm policies regarding outside business activities, selling away, and fiduciary duty obligations may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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