Halil Kozi, Registered Rep Formerly with Windsor Street Capital, LP has Been Sanctioned by FINRA for Unauthorized Trading in Customer Accounts

Stock Broker Fraud: Halil KoziPublicly available records recently available from the Financial Industry Regulatory Authority (FINRA) indicate that on September 17, 2019, a Complaint in the matter of Disciplinary Proceeding No. 2016048921102 was filed by FINRA’s Department of Enforcement  against Halil Kozi (CRD No. 1121714). The Complaint alleges Halil Kozi engaged in securities fraud in customer accounts. The Law Office of Kevin J. Deloatch, Esq. is interested in speaking to investors who have complaints of securities fraud regarding Mr. Kozi.

Mr. Kozi became registered in the securities industry in 1987 and was registered with Windsor Street Capital, LP (CRD # 34171) at the time of the filing. Mr. Kozi’s prior registrations included Buchman, Buchman and Reid, Inc. (CRD # 23407) from February 2016 to May 2017 and PHX Financial, Inc. (CRD # 144403) from March 2013 to March 2016.

The Allegations of Securities Fraud in Customer Accounts

FINRA’s Complaint included, but was not limited to the following allegations of securities fraud in customer accounts:

  • Kozi churned and excessively traded the account of a customer while associated with FINRA member PHX Financial Inc. from June 2013 through February 2015;
  • Kozi’s recommended activity generated gross commissions in excess of $135,000.00, of which Kozi received $87,000.00;
  • Kozi’s recommended activity caused the customer’s account to sustain losses of nearly $72,000.00;
  • Kozi willfully violated the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder and FINRA Rules 2020 and 2010, respectively regarding the use of deceptive devises in the sale of securities and adhering to high standards of commercial honor; and
  • Kozi’s recommended activity was qualitatively unsuitable and violated FINRA Rule 2111.

Kozi has a History of Customer Complaints of Securities Fraud

In addition to the above, according to FINRA BrokerCheck, Mr. Kozi was the subject of a prior customer complaint of securities fraud and had been discharged from his association with a FINRA-member firm in the past.

On February 10, 1998, FINRA-member firm J.B. Oxford & Co. discharged Kozi. The stated reason for the discharge was “unauthorized trading in customers account” which totaled $43,869.15.

On April 23, 2008 while Kozi was associated with FINRA-member firm Meyers Associate, LP, he was named in a customer complaint received by the firm.  The customer complaint alleged that Kozi failed to inform the customer of the underlying characteristics associated with an option investment recommended by Kozi which resulted in damages of $8,800.00.

Find out if you have Recourse

If you or someone you know has a complaint of securities fraud regarding Halil Kozi, you may be entitled to recover lost funds. The Law Office of Kevin J. Deloatch, Esq. has an extensive securities law practice and over 30 years of experience on Wall Street. Call today at (646) 792-2156 for a free consultation. The time to file your claim may be limited so you should call today to avoid delay.