{"id":534366,"date":"2021-09-03T09:42:04","date_gmt":"2021-09-03T13:42:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/"},"modified":"2021-09-03T09:42:04","modified_gmt":"2021-09-03T13:42:04","slug":"attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/","title":{"rendered":"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses<\/b><\/p>\n<p>CHARLOTTE, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNational investor fraud law firm, KlaymanToskes (\u201cKT\u201d), has commenced an investigation of potential FINRA arbitration claims on behalf of former and current Oppenheimer &amp; Co., Inc. (\u201cOppenheimer\u201d) (NYSE: OPY) customers who invested in the alleged Horizon Private Equity III (\u201cHorizon\u201d) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fklaymantoskes.com%2Finvestment-fraud%2Fponzi-schemes%2F&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=Ponzi+scheme&amp;index=1&amp;md5=0826cf5f190187157ab5f31f97020d5f\">Ponzi scheme<\/a>.\n<\/p>\n<p>\nInvestors are suing Oppenheimer for its role in enabling a massive <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fklaymantoskes.com%2Finvestment-fraud%2Fponzi-schemes%2F&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=Ponzi+scheme&amp;index=2&amp;md5=530ec4ea6e757dcb93fe33ff581bd149\">Ponzi scheme<\/a> devised by Marietta, Georgia resident and former Oppenheimer registered representative, John Woods, which was operated through his firm, Southport Capital. From 2008 to 2016, John Woods and his brother Jim Woods allegedly solicited a significant number of customers from Oppenheimer to invest in Horizon while Woods was registered as a broker and investment adviser with the brokerage firm. Investors were told they would earn a return by investing in government bonds, stocks or real estate projects. However, Horizon has allegedly not earned any significant profits from these investments, and were only able to pay the guaranteed return to existing investors by raising and using new money.\n<\/p>\n<p>\nAccording to a recently filed <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Flitigation%2Fcomplaints%2F2021%2Fcomp-pr2021-163.pdf&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=SEC+Complaint&amp;index=3&amp;md5=9a6c0a799add6429be94d295a09c793a\">SEC Complaint<\/a>, as of July 2021, over 400 investors across 20 states held Horizon investments, and were owed over $110M in principal. Many investors are elderly retirees.\n<\/p>\n<p>\nThe sole purpose of this release is to investigate potential FINRA arbitration claims relating to Oppenheimer\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fklaymantoskes.com%2Fsecurities-fraud-litigation%2Ffinra-arbitration%2Ffailure-to-supervise%2F&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=supervision&amp;index=4&amp;md5=7a1df114a3eb0e322e8db81a104d170a\">supervision<\/a> of John Woods and the Horizon Ponzi scheme. Current and former Oppenheimer customers who invested in Horizon from 2008 to 2016 and who have information related to the handling of their investments, are encouraged to contact securities attorney Lawrence L. Klayman, Esq., at (561) 542-5131, and download our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fklaymantoskes.com%2Fsecurities-fraud-litigation%2Fclass-action-litigation%2Fclass-action-vs-securities-arbitration%2F&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=Special+Report&amp;index=5&amp;md5=97902ea733f1ed87a1fc58d73f1c09c2\">Special Report<\/a>.\n<\/p>\n<p><b>About KlaymanToskes<\/b><\/p>\n<p>\nKT is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. KT has recovered more than $220 million for investors in FINRA arbitrations. KT has office locations in California, Florida, New York, and Puerto Rico.\n<\/p>\n<p><b>Destination: <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fklaymantoskes.com%2Fhorizon-oppenheimer-ponzi-scheme-investigation%2F&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=https%3A%2F%2Fklaymantoskes.com%2Fhorizon-oppenheimer-ponzi-scheme-investigation%2F&amp;index=6&amp;md5=ecc82854bbc32467b9c0be33dd95e49d\">https:\/\/klaymantoskes.com\/horizon-oppenheimer-ponzi-scheme-investigation\/<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210903005280r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210903005280\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210903005280\/en\/<\/a><\/span><\/p>\n<p>\nKlaymanToskes<br \/>\n<br \/>Lawrence L. Klayman, Esq.<br \/>\n<br \/>(561) 542-5131<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lklayman@klaymantoskes.com\">lklayman@klaymantoskes.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.klaymantoskes.com&amp;esheet=52486324&amp;newsitemid=20210903005280&amp;lan=en-US&amp;anchor=www.klaymantoskes.com&amp;index=7&amp;md5=d422a8b56ae2d68648b18248a68d754b\">www.klaymantoskes.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America North Carolina<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Legal Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210903005280\/en\/1103747\/3\/KT_graphic_BLUE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; National investor fraud law firm, KlaymanToskes (\u201cKT\u201d), has commenced an investigation of potential FINRA arbitration claims on behalf of former and current Oppenheimer &amp; Co., Inc. (\u201cOppenheimer\u201d) (NYSE: OPY) customers who invested in the alleged Horizon Private Equity III (\u201cHorizon\u201d) Ponzi scheme. Investors are suing Oppenheimer for its role in enabling a massive Ponzi scheme devised by Marietta, Georgia resident and former Oppenheimer registered representative, John Woods, which was operated through his firm, Southport Capital. From 2008 to 2016, John Woods and his brother &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-534366","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; National investor fraud law firm, KlaymanToskes (\u201cKT\u201d), has commenced an investigation of potential FINRA arbitration claims on behalf of former and current Oppenheimer &amp; Co., Inc. (\u201cOppenheimer\u201d) (NYSE: OPY) customers who invested in the alleged Horizon Private Equity III (\u201cHorizon\u201d) Ponzi scheme. Investors are suing Oppenheimer for its role in enabling a massive Ponzi scheme devised by Marietta, Georgia resident and former Oppenheimer registered representative, John Woods, which was operated through his firm, Southport Capital. From 2008 to 2016, John Woods and his brother &hellip; Continue reading &quot;ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-03T13:42:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210903005280r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses\",\"datePublished\":\"2021-09-03T13:42:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/\"},\"wordCount\":431,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210903005280r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\\\/\",\"name\":\"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/","og_locale":"en_US","og_type":"article","og_title":"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses - Market Newsdesk","og_description":"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; National investor fraud law firm, KlaymanToskes (\u201cKT\u201d), has commenced an investigation of potential FINRA arbitration claims on behalf of former and current Oppenheimer &amp; Co., Inc. (\u201cOppenheimer\u201d) (NYSE: OPY) customers who invested in the alleged Horizon Private Equity III (\u201cHorizon\u201d) Ponzi scheme. Investors are suing Oppenheimer for its role in enabling a massive Ponzi scheme devised by Marietta, Georgia resident and former Oppenheimer registered representative, John Woods, which was operated through his firm, Southport Capital. From 2008 to 2016, John Woods and his brother &hellip; Continue reading \"ATTENTION CURRENT AND FORMER OPPENHEIMER CUSTOMERS WHO INVESTED IN HORIZON PRIVATE EQUITY III: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of Potential Claims on Behalf of Oppenheimer Customers Over Ponzi Scheme Losses\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-current-and-former-oppenheimer-customers-who-invested-in-horizon-private-equity-iii-national-investor-fraud-law-firm-klaymantoskes-announces-investigation-of-potential-claims-on-behalf-of-o\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-03T13:42:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210903005280r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 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