National investment loss lawyers KlaymanToskes continues investigating broker Mark Katz (CRD# 3055019) formerly of Western International Securities and Hilltop Securities. Katz is currently registered as a broker with Aegis Capital Corp.
According to FINRA BrokerCheck, broker Mark Katz has been involved in several customer complaints which alleged unsuitable investment recommendations and unauthorized trading. A recent complaint alleged $358,162 in damages due to alleged transactions in fixed income securities that were not authorized and inappropriate for the investor. The complaint was settled in favor of the customer for $172,373. A second investor complaint alleged $50,000 in investor damages due to unsuitable recommendations, poor performance, fiduciary violations, and misrepresentation, and was settled in favor of the investor for $75,000.
Investors that suffered losses with broker Mark Katz are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Mark Katz, formerly of Western International Securities and Hilltop Securities, has been involved in numerous customer disputes, according to Financial Industry Regulatory Authority (“FINRA”) records. Katz has been involved in at least four customer complaints, two of which have been settled in favor of the investors. A complaint filed in February 2024 alleged that transactions in fixed income securities were not authorized and inappropriate, which created losses in the investor’s accounts. The complaint was settled in favor of the customer for $172,373. A second complaint filed in 2020 alleged unsuitable recommendations to invest in Non-traded REIT and MLP investments, poor performance, fiduciary violation, and misrepresentation. The complaint was settled in favor of the investor for $75,000.
Katz is currently registered with Aegis Capital Corp. in New York, NY. Broker Mark Katz was previously registered with Western International Securities from July 2019 to January 2025, and with Hilltop Securities from 2008 to June 2019.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Mark Katz, or have concerns regarding your investment portfolio at Western International Securities, Hilltop Securities, Aegis Capital Corp., or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.