March 26, 2024

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Complaint Seeks $1 Million on Behalf of Former Oppenheimer Client from California

Our clients felt comfortable investing in Horizon Private Equity because of the credibility created by Wood’s affiliation with Oppenheimer.”

— Marc Fitapelli, Esq.

NEW YORK, NEW YORK, USA, January 31, 2022 /EINPresswire.com/ — MDF Law, a New York City based securities law firm, announces the filing of a FINRA arbitration against Oppenheimer & Co., Inc. related to the alleged Horizon Private Equity ponzi scheme. The arbitration complaint was filed in California by attorney Marc Fitapelli on behalf of a former customer of Oppenheimer. The customer is seeking over $1 million in damages and the case number is FINRA Case No. 22-00168. Mr. Fitapelli and his firm, MDF Law, also represent Georgia based victims of the alleged scam before FINRA. Mr. Fitapelli’s clients are collectively seeking millions of dollars in damages against Oppenheimer related to the alleged ponzi scheme. The individual arbitrations seek lost principal, interest and attorneys’ fees.

Horizon Private Equity raised more than $110 million from over 400 investors. Many investors in Horizon were elderly retirees introduced to the investment fund by John Woods, Michael Mooney and other former Oppenheimer brokers. “Our clients felt comfortable investing in Horizon because of the credibility that Woods’ affiliation with Oppenheimer created,” explained…

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