South Florida Arbitration & Litigation Lawyer Blog

Unsuitable Investment FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Erick Enrique Isaac (CRD #5691821, Registered Representative, Aventura, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Isaac consented to the described sanction…

Broker/Dealer and Investment Advisor Negligent Supervision, Selling Away and Outside Business Activity FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Marsha Ann Hill (CRD #4197899, Registered Principal, Halstead, Kansas) submitted an Offer of Settlement in which she was fined $20,000 and suspended from association with any FINRA member in any capacity for one…

Broker/Dealer and Investment Advisor Negligent Supervision FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Jacobo Gomez-Gutierrez (CRD #5343100, Registered Representative, Santa Catarina, Mexico) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for one year. The fine must…

Leveraged Precious Metals Fraud, Misrepresentation and Mismanagement Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: CFTC Issues Consumer Advisory Alerting Public to Possible Precious Metals Fraud Recently, The U.S. Commodity Futures Trading Commission (CFTC) issued a Consumer Advisory warning to the public to beware of promises of easy profits to be made from…

Broker/Dealer and Account Executive Fraud, Misrepresentation and Mismanagement Litigation and Arbitration Attorney, Russell L. Forkey, Esq. CFTC Charges Florida Firm Angus Jackson, Inc. and its CFO Martin H. Bedick with Making False, Fictitious, or Fraudulent Statements to the NFA Martin B. Rosenthal, an unregistered trader, allegedly aided and abetted Bedick in making false and misleading…

Broker/Dealer and Account Executive Fraud, Mismanagement and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. March, 2012: CFTC Revokes Registrations of Richard Allan Finger, Jr. and his Company, Black Diamond Futures, LLC Based on Criminal Action The U.S. Commodity Futures Trading Commission (CFTC) recently announced that it filed a Notice of Intent to Revoke…

Precious Metals and Commodity Options Fraud and Mismanagement Litigation and Arbitration Attorney, Russell L. Forkey, Esq. March, 2012: CFTC Charges Florida Resident Abraham Gutterman and His Companies, Alliance Capital Metals LLC and AR Goldman Wealth Management, LLC with Commodity Gold and Oil Options Fraud and Misappropriation Defendants allegedly stole more than $480,000 from customers Federal…

Broker/Dealer and Investment Advisor Fraud and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Wells Fargo & Company, Civil Action No. CV-1280087 CRB Misc. (N.D. Cal. March 23, 2012) SEC Files Subpoena Enforcement Action Against Wells Fargo for Failure to Produce Documents in Mortgage-Backed Securities Investigation…

Account Executive and Stock Broker Fraud, Misrepresentation and Misrepresentation FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. March, 2012: Harry Friedman (CRD #2548017, Registered Principal, Woodmere, New York) submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Friedman consented…

Registered Representative and Account Executive Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Jun “Jennifer” Feng (CRD #4697641, Registered Representative, Saratoga, California) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying…