Proposed Rules Relating to the Implementation of JOBS Act and Private Placement General Solicitation and Advertising Issues

SEC Proposes Rules to Implement JOBS Act Provision About General Solicitation and Advertising in Securities Offerings August, 2012: Text of Chairman’s statement The Securities and Exchange Commission recently proposed rules to eliminate the prohibition against...

Fabrizio Neves and Jose Luna – Excessive Markups Fruad, Negligence and Breach of Fudiciary Duty South Florida Attorney

SEC Charges Florida Brokers for Defrauding Brazilian Public Pension Funds in Markup Scheme August, 2012: The Securities and Exchange Commission recently charged two former brokers in Miami with fraud for overcharging customers approximately $36 million by using hidden...

Wwebnet, Inc. and Robert L. Kelly – Penny Stock Fraud and Misrepresentation South Florida Attorney

Securities and Exchange Commission v. Wwebnet, Inc. and Robert L. Kelly, Civil Action No. 12-CV-6581 (S.D.N.Y. August 28, 2012) August, 2012: Recently, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern...

Proposed Rule Change to Amend FINRA Dispute Resolution’s By-Laws to Clarify That Services Provided by Mediators Should Not Cause Them to Be Classified As Industry Members under the By-Laws

The Financial Industry Regulatory Authority, Inc. (“FINRA”) recently filed with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the By-Laws of FINRA Dispute Resolution, Inc. (By-Laws)...

Gary P. Marks – Florida Hedge Fund Fruad and Misrepresentation Attorney, Russell Forkey

Litigation Release No. 22460 / August 27, 2012 Securities and Exchange Commission v. Gary R. Marks, CV-12-4486-JSC (N.D. Cal., filed August 27, 2012). August, 2012: SEC Charges Former Sky Bell Hedge Fund Manager With Making Misrepresentations In Selling And...

Jeffrey L. Mowen – South Florida – Ponzi Scheme Fraud and Misrepresentation Attorney

SEC v. Jeffrey L. Mowen, et al., Case No. 2:09-cv-00786-DB/PMW (D. Utah) August, 2012: CONVICTED PONZI SCHEME OPERATOR JEFFREY L. MOWEN ORDERED TO PAY OVER $18,000,000 IN SEC ACTION The Securities and Exchange Commission announced today that the United States District...

Edward Bronson and E-Lionheart Associates, LLC – Penny Stock Scheme South Florida Fraud and Misrepresentation Attorney

SEC Charges New York-Based Firm and Owner in Penny Stock Scheme August, 2912: The penny stock plague never goes away.  It just changes its form.  In another twist, the the Securities and Exchange Commission recently charged a New York-based firm and its...

Ricardo Bonilla Rojas and Shadal Yire – Ponzi Scheme Florida Fraud and Misrepresentation Attorney

SEC Brings Charges in Puerto Rico-Based Ponzi Scheme Targeting Evangelical Christians and Factory Workers August, 2012: The Securities and Exchange Commission recently charged a Puerto Rico resident and his company with conducting a Ponzi scheme that targeted...

Thomas D. Coldicutt, Jr., Elizabeth L. Coldicutt, Robert C. Weaver, Jr., Christopher C. Greenwood, Linda S. Farrell and Susana Gomez – Securities and Investment Florida Fraud and Misrepresentation Attorney

Securities and Exchange Commission v. Thomas D. Coldicutt, Jr., et al., Case No. 4:12-CV-00505 (E.D.Tex.) (filed August 13, 2012) SEC Charges Six Individuals in $6 Million “Shell-Factory” Scheme Recently, the SEC filed suit in the United States District...