South Florida Arbitration & Litigation Lawyer Blog

Broker/Dealer and Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC v. Allen E. Weintraub and AWMS Acquisition, Inc., d/b/a Sterling Global Holdings, Case No. 11-21549-CIV-HUCK/BANDSTRA (S.D.Fla.) SEC OBTAINS AN ASSET FREEZE AND OTHER RELIEF AGAINST ALLEN WEINTRAUB TO HALT HIS FRAUDULENT SCHEME OF PURPORTEDLY SELLING PRE-IPO…

Investment Advisor and Broker/Dealer Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Option One Mortgage Corporation n/k/a Sand Canyon Corporation, United States District Court for the Central District of California, Civil Action No. SACV-12-633 JST (MLGx) (C.D. Cal.) SEC CHARGES H&R BLOCK SUBSIDIARY OPTION…

Broker/Dealer and Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Matthew H. Kluger and Garrett D. Bauer, Case No. 11-cv-1936 (D.N.J. April 6, 2011) (KSH-PS); Securities and Exchange Commission v. Kenneth T. Robinson, Case No. 12-cv-2438 (D.N.J. April 25, 2011) (KSH-PS) ATTORNEY,…

Broker/Dealer and Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Garth R. Peterson, Case No. CV 12-2033 (E.D.N.Y)(JBW) (filed April 25, 2012) SEC CHARGES FORMER MORGAN STANLEY EXECUTIVE WITH FCPA VIOLATIONS AND INVESTMENT ADVISER FRAUD The Securities and Exchange Commission recently charged…

Broker/Dealer and Investment Advisor Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC Charges OX Trading, OptionsXpress, and Former CFO with Registration Violations The Securities and Exchange Commission recently charged a Chicago-based securities dealer affiliated with online brokerage firm optionsXpress, Inc. with violating the registration provisions of the…

Broker/Dealer and Investment Advisors Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: In the Matter of MidSouth Capital, Inc. and Mark D. Hill Recently, the Commission an Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Section 203(f)…

Unregistered Investment Advisor and Broker/Dealer Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Headwaters BD, LLC (CRD #117042, Denver, Colorado), Paul Edward Janson (CRD #4992234, Registered Principal, Avon, Connecticut), Roberta Ann Laraway (CRD #4845302, Registered Principal, Lone Tree, Colorado) and Philip Williams Seefried Jr. (CRD #1747086, Registered Principal, Denver…

Unauthorized Outside Business Activity and Selling Away Broker/Dealer Fraud and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Cantone Research Inc. (CRD® #26314, Tinton Falls, New Jersey) and Christine L. Cantone (CRD #2687618, Registered Principal, Thompson, Pennsylvania) submitted an Offer of Settlement in which the firm was censured, fined $25,000, $10,000 of…

Broker/Dealer and Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Securities and Exchange Commission v. Provident Capital Indemnity, Ltd., Minor Vargas Calvo, Jorge L. Castillo, and Relief Defendant Desarrollos Comerciales Ronim, S.A., Civil Action No. 3:11-cv-045 (E.D. Va. Jan. 19, 2011) SEC ANNOUNCES ENTRY OF CONSENT JUDGMENT…

Unregistered Investment Advisor and Broker/Dealer Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: Charges optionsXpress and Five Individuals Involved in Abusive Naked Short Selling Scheme The Securities and Exchange Commission recently charged an online brokerage and clearing agency specializing in options and futures as well as four officials at…