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Zamansky LLC Announces Its Investigation of Andrew Stuart & Company, NFP Securities and Securities America Inc.

June 26, 2013 Blog

Zamansky LLC announces that it is investigating Andrew Stuart & Company, and its two principals Stuart Horowitz and Andrew Rosenberg, and their broker-dealers, NFP Securities and Securities America, Inc. The investigation concerns alleged misconduct concerning investment recommendations and financial advice.

Zamansky LLC announces that it is investigating Andrew Stuart & Company, and its two principals Stuart Horowitz and Andrew Rosenberg, and their broker-dealers, NFP Securities and Securities America, Inc. The investigation concerns alleged misconduct concerning investment recommendations and financial advice.

The investigation concerns alleged sales by Stuart Horowitz and Andrew Rosenberg to investors of the Hennessy Monthly Income Financing Fund or True North Finance Corporation Fund. The U.S. Securities and Exchange Commission brought a proceeding against this fund. The case is SEC v. True North Finance Corporation, f/k/a CS Financing Corporation, et al., Civil Case No. 10-3995-DWF/JJK, USDC, D. MINN. The investigation also concerns alleged recommendations sales by Stuart Horowitz and Andrew Rosenberg of other private investments such as real estate investment trusts, financing, leasing and oil/gas royalties funds.

“Private investments are unsuitable for retirees or other conservative or moderate investors,” states stock fraud attorney, Jacob Zamansky. These are not suitable investments for investors needing to generate sale income from their investments, Zamansky says. If any investor is recommended a private investment in a financing, leasing and oil/gas royalties business, or even a company that is unknown to them, they need to be cautious and should have their investments reviewed, Zamansky believes. Moreover, brokerage firms like NFP Securities and Securities America have strict duties to supervise their registered representatives, even those that operate an independent office under their own name, like Andrew Stuart & Company.

What Investors Can Do

If you invested through Andrew Stuart, Stuart Horowitz, Andrew Rosenberg, NFP Securities or Securities America, and would like to have your account reviewed or discuss your legal rights, you may, without obligation or cost to you, email jake@zamansky.com or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is one of the leading law firms specializing in securities fraud, FINRA arbitration and class action litigation. Our FINRA attorneys represent both individual and institutional investors. Our securities arbitration practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.

Client Reviews

“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
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