Published On: December 7, 2015

Stoltmann Law Offices is investigating Warren Horney, who was recently suspended from the industry by the Financial Industry Regulatory Authority (FINRA). Horney allegedly failed in his capacity as Vice President of Due Diligence at his member firm, WFP Securities, to reasonably review and approve the suitability of certain alternative investments recommended by his firm’s representatives. For this, he was suspended from acting in any principal capacity and fined $5,000. He was also accused of breaching fiduciary duty, acting negligently, misrepresenting material facts and failing to supervise his representatives. Brokers such as Warren Horney have a responsibility to do their due diligence, and if they do not, can be held liable for investment losses. If you suffered investment losses because of Warren Horney or another broker, you can call our securities law firm in Chicago to speak to an attorney about your options. The call is free with no obligation.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltman Law Securities and Investment Fraud Attorneys