South Florida Arbitration & Litigation Lawyer Blog

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…

April, 2012: Securities and Exchange Commission v. Kenneth A. Dachman, et al., 1:12-cv-00821 (N.D. Illinois) (filed on February 6, 2012). GLENCOE, ILLINOIS RESIDENT KENNETH A. DACHMAN ORDERED TO PAY OVER $2 MILLION FOR MISAPPROPRIATION AND OFFERING FRAUD Recently, Judge Virginia M. Kendall of the United States District Court for the Northern District of Illinois entered…

April, 2012: SEC v. Spyridon Adondakis et al., Civil Action 12-CV-0409 (SDNY)(HB) SEC Obtains Final Judgments on Consent against Diamondback Capital Management LLC The SEC recently announced that the Honorable Harold Baer, Jr., United States District Judge, United States District Court for the Southern District of New York, entered a Final Judgment on Consent as…

Securities Fraud and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. April, 2012: United States v. Robert Stinson, Jr., Case No. 2:10-cr-00724-MMB (E.D. Pa.) Robert Stinson, Jr. Sentenced to 33 Years in Prison and Ordered to Pay $14 Million in Restitution for Orchestrating Multimillion Dollar Ponzi Scheme The Securities and Exchange Commission recently announced…

April, 2012: In our continued attempt to keep members of the general public abreast of current investment related news or issues, we are providing the following post. Please keep in mind that these posts are not designed to be complete in all material respects. They are being provided for educational purposes only. If you have…