South Florida Arbitration & Litigation Lawyer Blog

Securities Fraud, Misrepresentation and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Mark A. Jackson and James J. Ruehlen, Civil Action No. 4:12-cv-00563 (S.D. Tex. filed February 24, 2012) Securities and Exchange Commission v. Thomas F. O’Rourke, Civil Action No. 4:12-cv-00564 (S.D. Tex. filed February 24,…

Investment Advisor and Broker/Dealer Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Neal R. Greenberg, Civ. Action No. 1:11-cv-00313-JLK (D. CO) COURT ENTERS ORDER AMENDING FINAL JUDGMENT AGAINST AGILE GROUP FOUNDER AND HEAD PORTFOLIO MANAGER NEAL R. GREENBERG Recently, the U.S. Securities and…

Securities Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Larry Goldstone, Clarence Simmons, and Jane Starrett, Case 1:12-cv-00257 (D.N.M.) SEC Files Civil Injunctive Action Against Senior Management of Thornburg Mortgage, Inc. for Alleged Fraudulent Overstatement of Thornburg’s Income Recently, the Securities and Exchange…

Investment Advisor and Broker/Dealer Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. SEC Charges Chicago-Based Management Consultant With Insider Trading March, 2012: The Securities and Exchange Commission recently charged a Chicago-based management consultant with insider trading based on confidential information about his client’s impending takeover of a Long Island-based vitamin…

Broker/Dealer and Investment Advisor Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: SEC Charges Bay Area Investment Adviser for Defrauding Investors With Bogus Audit Report The Securities and Exchange Commission recently charged a San Francisco-area investment adviser with defrauding investors by giving them a bogus audit report that…

Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012 Securities and Exchange Commission v. Noah J. Griggs, Jr., United States District Court, Central District of California, Civil Action No. CV 12-2203 GAF (FMOx) SEC CHARGES FORMER EXECUTIVE AT CKE RESTAURANTS WITH INSIDER TRADING Recently, the Securities and Exchange Commission…

Broker/Dealer and Investment Advisor Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012 Securities and Exchange Commission v. SW Argyll Investments, LLC (d/b/a Argyll Investments, LLC) et al., 12-CV-0646 L WVG (U.S. District Court for the Southern District of California, filed March 15, 2012) SEC Charges Senior Executives at…

Investment Advisor and Broker/Dealer Fraud, Misrepresentation and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Brookstreet Securities Corp. and Stanley C. Brooks, Case No. SA 8:09-cv-1431-DOC (ANx) (C.D. Cal.) JUDGE ORDERS BROOKSTREET CEO TO PAY $10 MILLION PENALTY IN SEC CASE Recently, a federal judge ordered…

Broker/Dealer and Investment Advisor Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. March 12, 2012 JURY FINDS DEFENDANT ALBERTO PEREZ LIABLE AND DEFENDANT SEBASTIAN DE LA MAZA NOT LIABLE FOR INSIDER TRADING IN VIOLATION OF THE SECURITIES AND EXCHANGE ACT OF 1934. SEC v. Kevan D. Acord, et al.., Civil Action…

HOTEL FRANCHISE FRAUD The simplicity by which a national hotel franchise company (franchisor) may perpetrate a fraud and deceit upon unsuspecting potential franchisees is classic. As with any proposed franchise arrangement, the franchisor prepares an offering circular which is provided to the unwitting proposed franchisee. The offering circular, in relevant part, generally discloses all of…