Articles Posted in SEC Enforcement Actions

Investment Advisor and Broker/Dealer Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. SEC Charges Chicago-Based Management Consultant With Insider Trading March, 2012: The Securities and Exchange Commission recently charged a Chicago-based management consultant with insider trading based on confidential information about his client’s impending takeover of a Long Island-based vitamin…

Broker/Dealer and Investment Advisor Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: SEC Charges Bay Area Investment Adviser for Defrauding Investors With Bogus Audit Report The Securities and Exchange Commission recently charged a San Francisco-area investment adviser with defrauding investors by giving them a bogus audit report that…

Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012 Securities and Exchange Commission v. Noah J. Griggs, Jr., United States District Court, Central District of California, Civil Action No. CV 12-2203 GAF (FMOx) SEC CHARGES FORMER EXECUTIVE AT CKE RESTAURANTS WITH INSIDER TRADING Recently, the Securities and Exchange Commission…

Broker/Dealer and Investment Advisor Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012 Securities and Exchange Commission v. SW Argyll Investments, LLC (d/b/a Argyll Investments, LLC) et al., 12-CV-0646 L WVG (U.S. District Court for the Southern District of California, filed March 15, 2012) SEC Charges Senior Executives at…

Investment Advisor and Broker/Dealer Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Brookstreet Securities Corp. and Stanley C. Brooks, Case No. SA 8:09-cv-1431-DOC (ANx) (C.D. Cal.) JUDGE ORDERS BROOKSTREET CEO TO PAY $10 MILLION PENALTY IN SEC CASE Recently, a federal judge ordered…

Broker/Dealer and Investment Advisor Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. March 12, 2012 JURY FINDS DEFENDANT ALBERTO PEREZ LIABLE AND DEFENDANT SEBASTIAN DE LA MAZA NOT LIABLE FOR INSIDER TRADING IN VIOLATION OF THE SECURITIES AND EXCHANGE ACT OF 1934. SEC v. Kevan D. Acord, et al.., Civil Action…

Securities and Investment Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. The Securities and Exchange Commission periodically announces enforcement actions that have recently been filed by it. Periodically, we review these actions and provide selective information concerning what we feel relate to important issues or matters that have a wide alleged…

Florida State and Federal Securities and Investment Fraud, Misrepresentation and Sale of Unregistered Securities Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. The Securities and Exchange Commission periodically announces enforcement actions that have recently been filed by it. Periodically, we review these actions and provide selective information concerning what we feel relate to important…

Fraudulent Prime Bank, Bank Guarantee and Letter of Credit Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. December, 2011: Securities and Exchange Commission v. The Milan Group, Inc., a/k/a The Milan Trading Group, Inc., Frank L. Pavlico III, a/k/a Frank Lorenzo, Brynee K. Baylor, Baylor & Jackson, P.L.L.C., Mia C. Baldassari, Elmo Baldassari, Brett…