South Florida Arbitration & Litigation Lawyer Blog

Unregistered Investment Advisor and Broker/Dealer Investment Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC v. Petr Murmylyuk, Civil Action No. 12-cv-2272-CCC (D.N.J.) SEC Charges Petr Murmylyuk with Fraudulent Brokerage Account Intrusion Scheme The Securities and Exchange Commission recently announced that it filed a civil action in the United…

Penny Stock Fraud and Misrepresentation Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. April, 2012: SEC v. Phillip W. Offill, Jr., et al., Civil Action No. 07-CV-1643-D (N.D. Tex. filed Sept. 26, 2007) PENNY STOCK PROMOTERS ENJOINED AND BARRED The United States Securities and Exchange Commission (Commission) recently announced that the Honorable Sidney A.…

Federal Securities Law Fraud and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. April, 2012: Former Gateway CFO Settles SEC Fraud Action Recently, a final judgment was entered against John J. Todd, a former CFO of Gateway, Inc. Todd consented to entry of the final judgment without admitting or denying the allegations made by…

Unregistered Investment Advisor Fraud and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. April, 2012: In the Matter of Brian J. Smart Recently, the Securities and Exchange Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 203(f) of the Investment Advisers Act of 1940 and Notice of Hearing (Order) against Brian J. Smart…

SEC v. Michael Anthony Gonzalez, United States District Court for the Central District of California, Case No. 12-03319 SJO (PLAx) (filed April 17, 2012) Municipal Bond Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. April, 2012: SEC CHARGES LOS ANGELES-BASED PERPETRATOR FOR MUNICIPAL BOND FRAUD SCHEME The Securities and Exchange…

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…

Florida Securities Fraud FINRA Arbitration, Federal and State Court Litigation Attorney, Russell L. Forkey, Esq. Periodically, the Office of Financial Regulation of the State of Florida (OFR) publishes the results of the settlement and/or decisions in administrative actions brought against brokerage firms, associated persons, investment advisors and others as part of its responsibility to enforce…