The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Mark Katz. According to his publicly available FINRA BrokerCheck report, Mark Katz has been the subject of a customer dispute in his career.

Mark Katz is a Texas-based securities broker. He has worked in the securities industry for twenty-seven years. During his career, he has been registered with just two different securities firms.

His Registrations

  • Merrill Lynch (1993-2008)
  • UBS Financial Services (2008-Present)

The Allegations

  • In February 2018, a customer alleged that Mark Katz recommended that she liquidate her concentrated equity position and re-allocate to a diversified portfolio. She alleged that this recommendation was unsuitable and that the tax consequences had been misrepresented. This case was settled for $467,620 in damages.

Oakes & Fosher Can Help

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages. Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Mark Katz, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.