LEE HARTZMARK

LEE HARTZMARK is currently employed as a Broker and/or Investment Adviser at OPPENHEIMER & CO. INC. located at 25550 CHAGRIN BLVD, STE 310, BEACHWOOD, OH, 44122.

LEE HARTZMARK has worked at OPPENHEIMER & CO. INC. since April 12, 1988

Disclosure History

LEE HARTZMARK has 4 Disclosure Event(s).

Date: February 23, 2017
Category: Customer Dispute
Allegations: CLIENT ALLEGED IN A LETTER THAT THE UNAUTHORIZED USE OF MARGIN WAS EMPLOYED TO PURCHASE INVESTMENTS IN HIS TRUST ACCOUNT. HE ALSO INTIMATED THAT THE FINANCIAL ADVISOR HAD MANIPULATED A STOCK. SUBSEQUENTLY, THE FIRM'S LEGAL DEPARTMENT CONTACTED THE CLIENT WHO ADVISED VERBALLY THAT HE HAD NO EVIDENCE OF STOCK MANIPULATION. THE CLIENT VERBALLY CONFIRMED THAT HE DID NOT HAVE A STOCK MANIPULATION COMPLAINT, AND THAT HIS COMPLAINT INVOLVED THE UNAUTHORIZED USE OF MARGIN, UNSUITABLE INVESTMENTS, AND A FAILURE TO FOLLOW INSTRUCTIONS IN REMOVING HIM FROM MARGIN.
Damage Amount Requested: $172,337.00

Date: January 03, 2007
Category: Customer Dispute
Allegations: UNSUITABLE SALE OF A PRIVATE PLACEMENT DURING AN UNIDENTIFIED TIME PERIOD.
Damage Amount Requested: $12,500.00

Date: September 11, 2002
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES BREACH OF FIDUCIARY DUTY, SUITABILITY AND UNAUTHORIZED TRADING.
Damage Amount Requested: $1,000,000.00
Broker Comment: ARBITRATION DISMISSED AS MR. HARTZMARK RE-PURCHASED LIMITED PARTNER INTERESTS AND OTHER INVESTMENTS FROM CUSTOMER FOR $220,000 AT ARMS-LENGTH AND THROUGH A NEGOTIATED DISCOUNT FROM ORIGINAL SALES PRICE. NO COMPENSATION WAS PAID FOR COMPENSATORY OR OTHER DAMAGES AS INITIALLY ALLEGED BY CUSTOMER.

Date: March 30, 2001
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT INVESTMENTS MADE IN HER ACCOUNT WERE UNSUITABLE.ARBITRATION ALLEGATIONS-UNSUITABILITY OF LIMITED PARTNERSHIP INVESTMENTS FOR A 70 YEAR OLD WIDOW.
Damage Amount Requested: $154,582.00
Broker Comment: ARBITRATION DISMISSED AS MR. HARTZMARK RE-PURCHASED LIMITED PARTNER INTERESTS AND OTHER INVESTMENTS FROM CUSTOMER FOR $52,500 AT ARMS-LENGTH AND THROUGH A NEGOTIATED DISCOUNT FROM ORIGINAL SALES PRICE. NO COMPENSATION WAS PAID FOR COMPENSATORY OR OTHER DAMAGES AS INITIALLY ALLEGED BY CUSTOMER.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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