MIAMI and LOS ANGELES, Sept. 23, 2021 (GLOBE NEWSWIRE) — National investment fraud law firm Dimond Kaplan & Rothstein, P.A. (“DKR”) ( http://www.dkrpa.com ) is investigating potential claims against brokerage firm Oppenheimer & Co., Inc. (“Oppenheimer”) (NYSE: OPY) on behalf of customers who invested in Horizon Private Equity III (“Horizon”). The United States Securities and Exchange Commission (“SEC”) has filed a complaint against former Oppenheimer broker John Woods and Woods’ investment advisory firm, Livingston Group Asset Management Company d/b/a Southport Capital (“Southport”), alleging that Woods ran Horizon as a Ponzi scheme for more than a decade.

Woods is believed to have solicited a significant number of Oppenheimer customers to invest in Horizon when he was registered as a broker with…

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