Close Menu
Free Consultation: 888-976-6111

Mark Katz: Western International Advisor Lands $358K Complaint

Pasadena, California financial advisor Mark Katz (CRD# 3055019) recently received an investor complaint alleging that he effected unauthorized transactions. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Western International Securities.

Mr. Katz’s BrokerCheck report discloses several investor complaints. The most recent, filed in February 2024, alleges that as a representative of Western International Securities, he made unsuitable and unauthorized transactions involving fixed-income securities. The pending complaint alleges damages of $358,162.96.

An earlier investor complaint, filed in 2020, alleged that as a Hilltop Securities representative, he recommended unsuitable master limited partnerships and non-traded real estate investment trusts, misrepresented material facts, breached his fiduciary duty, and recommended investments that performed poorly. In 2021 the complaint reached a settlement of $75,000.

A third investor complaint, filed in 2020, alleged that as a Hilltop Securities representative, he made unauthorized trades, recommended unsuitable investments, misrepresented material facts, engaged in excessive trading and self-dealing, and financially exploited the customer. The complaint alleged damages exceeding $357,000 and was denied by the firm.

According to the Financial Industry Regulatory Authority, Mark Katz holds 25 years of securities industry experience. Based in Pasadena, California, he has been registered as a broker and an investment advisor with Western International Securities since 2019. His past registrations include Hilltop Securities (San Diego, California; 2008-2019), ML Stern & Company (San Diego, California; 1998-2008), and Fortress Financial Group (Isle of Palms, South Carolina; 1998). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Arizona, California, Utah, and Washington. (Information current as of April 6, 2024.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Jonathan Upton: LPL Advisor Faces $250K REIT Complaint

    Multiple investor complaints against Louisville, Kentucky financial advisor Jonathan Upton (CRD# 4559794) allege that he recommended unsuitable investments. Financial Industry...

    Read More
  • Joy Simar: $203K Complaint Against LPL/Pruco Advisor

    McKinney, Texas financial advisor Joy Simar (CRD# 6147731) recently received an investor complaint alleging that her conduct resulted in six-figure...

    Read More
  • Dan Schmid: Why Did Advisor Resign from Northwestern Mutual?

    Minneapolis, Minnesota financial advisor Dan Schmid (CRD# 6658306) recently resigned from Northwestern Mutual Investment Services in connection with alleged rule...

    Read More
  • Ozzie Ramos: $80K Bond Complaint Against WIS Advisor

    Westlake Village, California financial advisor Ozzie Ramos (CRD# 2572345) recently received an investor complaint alleging that his advice resulted in...

    Read More
  • Previous
  • Next