Gali Horev Allegedly Engaged in Fraud and Deceit

Gali Horev (CRD #: 5138931), a broker registered with Dempsey Lord Smith, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 17, 2024. Investors may also have engaged his services through HN Financial Group. 

Investor Allegations 

On June 7, 2024, an investor alleged that Gali Horev engaged in fraud, deceit, misrepresentation, and omissions of material facts. The investor is seeking $394,486. 

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Fraud and deceit violates this rule. 

Background Information 

Gali Horev has passed the following exams: 

• Series 66 – Uniform Combined State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 3 National Commodity Futures Examination 
• Series 7 General Securities Representative Examination 

He is a registered broker in four states and is a registered investment adviser in Arizona and California. 

During his 17 years of experience, Gali Horev has registered with ten firms. These are the five most recent: 

• Dempsey Lord Smith (CRD #: 141238) 
• National Asset Management (CRD #: 115927) 
• National Securities Corporation (CRD #: 7569) 
• American Investors Company (CRD #: 38) 
• Private Asset Group (CRD #: 142541) 

Kurta Law Can Help 

If you have worked with Gali Horev and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.