U.S. financial executive dies by suicide as firm faces fraud claims By Syndicated Content
By Lawrence Delevingne
BOSTON (Reuters) â The co-founder of a Florida financial firm facing investor lawsuits alleging securities fraud has died by suicide, and a spokesperson on Monday denied wrongdoing, saying the death was not connected to a class action lawsuit filed last week.
Eric Holtz, the 54-year-old co-founder of the Seeman Holtz Family of Companies in Boca Raton, took his own life on Friday in California, the company spokesperson confirmed.
Lawsuits claim that Holtz, business partner Marshal Seeman and their insurance and financial firm defrauded elderly investors in South Florida using life insurance policy-backed notes.
Insurance Agency Owner’s Suicide Unrelated to Fraud Allegations, Says Firm
The co-founder of a Florida financial firm facing investor lawsuits alleging securities fraud has died by suicide, and a spokesperson on Monday denied wrongdoing, saying the death was not connected to a class action lawsuit filed last week.
Eric Holtz, the 54-year-old co-founder of the Seeman Holtz Family of Companies in Boca Raton, took his own life on Friday in California, the company spokesperson confirmed.
Lawsuits claim that Holtz, business partner Marshal Seeman and their insurance and financial firm defrauded elderly investors in South Florida using life insurance policy-backed notes.