South Florida Arbitration & Litigation Lawyer Blog

Fraud, Misrepresentation and Sale of Unregistered Securities State and Federal Court Litigation 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 a…

Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell Forkey, Esq. October, 2011: Securities and Exchange Commission v. Daniel W. Nodurft, Case No. 8:09-cv-866-T26/TGW (M.D. Fla.) The Securities and Exchange Commission recently announced that the United States District Court for the Middle District of Florida entered a final judgment against Daniel W. Nodurft permanently restraining…

There are a number of factors that clients should take into consideration when dealing with any broker/dealer. However, this post is designed to point out two of these factors that are more important when dealing with a small broker/dealer, usually called an “independent broker/dealer.” Please keep in mind that this post is not designed to…

The purpose of this post is to provide the reader with general information relative to corporate bankruptcy. This post is not designed to be complete in all material respects. It is being provided for general educational information. Thus, it should not be relied upon as providing legal or investment advice. If the reader has any…

Fraud, Misrepresentation and Sale of Unregistered Securities 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 a wide…

Penny Stock Fraud and Misrepresentation Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. October, 2011: Litigation Release No. 22126 Securities and Exchange Commission v. Joseph P. Cillo, Civil Action No. 8:11-cv-02320 (M.D. Fla. October 14, 2011) Recently, the Securities and Exchange Commission (“Commission”) filed a Complaint for Injunctive and Other Relief (“Complaint”) in the…

Penny Stock Securities Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. October, 2011: SECURITIES AND EXCHANGE COMMISSION LITIGATION RELEASE NO. 22125 / OCTOBER 14, 2011 SEC v. Wall Street Capital Funding LLC, Philip Cardwell, Roy Campbell, and Aaron Hume, Civil Action No. 11-cv-20413-DLG (S.D. Fla.) On October 13, 2011 the U.S.…

The North American Securities Administrators Association (NASAA) has noted a recent increase in reports or complaints of fraudulent investment schemes that utilized a self-directed IRA as a key feature. State securities regulators have investigated numerous cases where a self-directed IRA was used in an attempt to lend credibility to a fraudulent scheme. Similarly, the SEC…

The purpose of this post is to provide the reader with some tips on how to avoid investment scams. Obviously, this list is not all-inclusive but it should get you to start thinking about what to shy away from with the goal of protecting your hard earned money. Be skeptical of “free lunch” seminars. Even if…

What should the average investor do if he or she is having a problem with a securities, commodities or precious metals broker/dealer or account executive? Obviously, the first thing that needs to be done is for you to attempt to correct the issue yourself. However, in doing so, it is important that you document your…