South Florida Arbitration & Litigation Lawyer Blog

Fraudesters never stop in inventing ways to take advantage of the investing public. One such example is discussed below. The Securities and Exchange Commission (SEC) recently filed an emergency enforcement action to stop a fraudulent scheme targeting investors seeking coveted stock in Internet and technology companies like Facebook before they go public. The SEC alleges…

Unregistered Securities Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. November, 2011: SEC v. Frank C. Calmes, Lynn D. Rowntree, James E. Pratt, and Manny J. Shulman, Case No. 09-80524-CIV0-ZLOCH (S.D. Fla. April 2, 2009) The Securities and Exchange Commission (SEC) recently announced that the United States District Court for the…

Securities Fraud and Misrepresentation Litigation Attorney, Russell L. Forkey, Esq. November, 2011: SEC Charges Philadelphia-Based Business Owner For Defrauding Investors Through an Offering Scheme Involving U.S. Treasury Strips The Securities and Exchange Commission recently filed a Complaint in United States District Court for the Southern District of New York charging Tyrone L. Gilliams and his…

Federal and State Court Litigation Attorney, Russell L. Forkey, Esq. November, 2011: FEDERAL COURT ENTERS JUDGMENTS OF PERMANENT INJUNCTION AND OTHER RELIEF AGAINST DEFENDANTS CHRISTOPHER M. DUBEAU AND ATLANTIS TECHNOLOGY GROUP Securities and Exchange Commission v. Atlantis Technology Group and Christopher M. Dubeau, Civil Action No. 10-61824-CIV-ZLOCH (S.D. Fla.) The United States District Court for…

Federal and State Securities Fraud and Misrepresentation Litigation and Arbitration Lawlyer, Russell L. Forkey, Esq. November, 2011: Securities and Exchange Commission v. James N. Fry, Michelle W. Palm, and Arrowhead Capital Management LLC, Civil Action No. 0:11-CV-03303 RHK/JJK (D. Minn.) SEC CHARGES TWO MINNESOTA-BASED FUND MANAGERS WITH FACILITATING PETTERS PONZI SCHEME The Securities and Exchange…

Federal and State Securities and Investment Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. The Securities and Exchange Commission periodically announces enforcement actions that have recently been filed by it. Periodically, we review these actions and provide selective information concerning what we feel relate to important issues or matters that have…

Federal and State Securities Fraud and Misrepresentation Litigation and Arbitration Attorney, Russell L. Forkey, Esq. November, 2011: SEC Charges New York-Based Hedge Fund Managers ThinkStrategy Capital and Chetan Kapur with Securities Fraud The Securities and Exchange Commission (SEC) recently filed a civil injunctive action charging ThinkStrategy Capital Management, LLC (“ThinkStrategy”) and its sole managing director,…

There are a number of methods utilized to enter a stock order. What are they? People contemplating investing in the stock market need to understand that there are different types of orders they can use to buy and sell stocks through a brokerage firm. This post contains general general descriptions of some of the common…

Securities Fraud Litigation Lawyer, Russell L. Forkey, Esq. November, 2011: Securities and Exchange Commission v. Atlantis Technology Group and Christopher M. Dubeau, Civil Action No. 10-61824-CIV-ZLOCH (S.D. Fla.) The Securities and Exchange Commission recently announced that The United States District Court for the Southern District of Florida has entered final judgments against defendants Christopher M.…

Each state as its own statute of limitations that relate to claims of investment losses, relating to claims for fraud and deceit, negligent misrepresentations, negligence, breach of contract, breach of fiduciary duty and negligent supervision. For example, in Florida the statute of limitations is contained in Chapter 95 of the Florida Statute. Generally, actions on…