Articles Posted in SEC Enforcement Actions

Stock Broker and Account Executive Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Don W. Watson, Edward W. O’Brien, and Gary M. Opper, Case No. 2:09-cv-00442-LOA (D. Ariz.) SEC ANNOUNCES SETTLEMENT OF ACCOUNTING FRAUD CHARGES AGAINST FORMER CSK AUTO CORPORATION MANAGEMENT Recently, the…

Private Securities, Private Placement and Direct Investment Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. City Capital Corporation, Ephren Taylor II and Wendy J. Connor, Civil Action No. 1:12-cv-01249-WSD (N.D. Ga.)r SEC Charges Ephren J. Taylor, II with Operating a Ponzi Scheme Recently,…

Hedge Fund and Investment Advisor Fraud, Misrepresentation and Mismanagement Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. April, 2012: SEC Shuts Down Ponzi Scheme Targeting Persian-Jewish Community in Los Angeles The Securities and Exchange Commission recently obtained an emergency court order to halt an ongoing Ponzi scheme that targeted members of the Persian-Jewish community…

Here’s a collection of the SEC Enforcement Actions for 2011.

Broker/Dealer, Investment Advisor and Hedge Fund Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC Charges Goldman, Sachs & Co. Lacked Adequate Policies and Procedures for Research “Huddles” The Securities and Exchange Commission recently charged that Goldman, Sachs & Co. lacked adequate policies and procedures to address the…

Affinity Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC Charges Ponzi Schemer Targeting Church Congregations The Securities and Exchange Commission recently charged a self-described “Social Capitalist” with running a Ponzi scheme that targeted socially-conscious investors in church congregations. The SEC alleges that Ephren W. Taylor II made…

Trading Program Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Spyglass Equity Systems, Inc., et al, Case No. 2:11-cv-02371-JAK-MAN (C.D. California). DEFAULT JUDGMENT ENTERED AGAINST DAVID E. HOWARD II, FLATIRON CAPITAL PARTNERS, LLC, AND FLATIRON SYSTEMS, LLC The U.S. Securities and Exchange Commission…

Securities Fraud and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. AutoChina International Limited, Hui Kai Yan, Rui Ge Dong, Victory First Limited, Rainbow Yield Limited, Yong Qi Li, Ai Xi Ji, Ye Wang, Zhong Wen Zhang, Li Xin Ma, Yong Li Li, and Shu Ling Li…