Articles Posted in SEC Enforcement Actions

Florida Securities Fraud Litigation and Arbitration Attorney Russell L. Forkey, Esq. On this post, the reader will find copies of relevant 2010 State of Florida, Department of Financial Regulation enforcement actions that we believe may be of some interest to investors. Please keep in mind that the documents set forth below are for informational purposes…

Florida 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…

Securities Fraud, Misrepresentation and Broker Mismanagement Attorney, Russell L. Forkey, Esq. Each State has its own securities department, which is charged with enforcing its own securities laws, rules and regulations. In the State of Florida, the Florida Office of Financial Regulation (OFR) was created by section 20.121(3), Florida Statutes. The mission of the OFR is…

Oil and Gas Fraud – Targeting Foregin Investors: In our continuing effort to keep foreign investors appraised on investment frauds directed toward them, we are providing you with a copy of a recent Securities and Exchange Commission litigation release concerning an investment that focused on individuals primarily located in Australia, England and Canada. We have…

Securities and Exchange Commission v. Pharma Holdings, Inc., Edward Klapp IV and Edward Klapp Jr. Civil Action No. 10-cv-81615 (S.D. Fla., filed December 22, 2010) The Securities and Exchange Commission on December 22, 2010 charged Jupiter, Florida-based Pharma Holdings, Inc., its CEO Edward Klapp IV, and its CFO Edward Klapp Jr., with violations of the…

SEC Charges Three with Promoting and Selling Forex Offering: As a reminder of the risks associated with commodities and precious metals trading, please read the below litigation summary, which relates to the case of Securities and Exchange Commission v. Clifton K. Oram, et al., Case No. 2:10-CV-01173-DB (D. Utah). This real life example demonstrates how…