South Florida Arbitration & Litigation Lawyer Blog

Negligence and Breach of Contract FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. October, 2011: The SEC Sanctions Direct Edge Electronic Exchanges and Orders Remedial Measures to Strengthen Systems and Controls The Securities and Exchange Commission recently sanctioned two electronic stock exchanges and a broker-dealer owned by Direct Edge Holdings LLC for violations of…

Investment Scams – South Florida Securities and Investment Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney: When it comes to making an intelligent investment decision, nothing is fool- proof. However, there are some basic sales tactics that should turn your “red light” on. Some of the most common include: The “Phantom Riches” Tactic: Here the salesperson…

Can you afford early retirement? Should you listen to others to make this determination? These are issues that many of the “baby boomers” constantly deal with. What are some of the things that you should look for to protect yourself? Be Skeptical of Early Retirement Investment Claims: Because the allure of a leisurely retirement can…

“Pre-IPO” investing involves buying a stake in a company before the company makes its initial public offering of securities. Many companies and stock promoters entice investors by promising an opportunity to make high returns by investing in a start-up enterprise at the ground floor level – often a new company that claims to be related…

Subordination Agreements with Between a Customer and a Brokerage Firm. What are the Risks? When a client thinks of investments and brokerage firms, he or she probably thinks of opening an account and buying stocks, bonds, or mutual funds. When a client enters into a subordination agreement, the client is making an investment, but the…

Investment Fraud, Misrepresentation and Mismanagent FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. September, 2011: SEC Charges Long Island-Based Hedge Fund Manager with Fraud Involving PIPE Transactions. The Securities and Exchange Commission recently charged a Long Island-based investment adviser with defrauding investors in hedge funds investing in PIPE transactions and misappropriating more than $1…

Florida Securities, Commodities, Precious Metals and Commerical Disputes Litigation and Arbitration Blog: When you have lost money because of the wrongful acts of others, including a stockbroker, money manager or investment advisor, an experienced and knowledgeable lawyer can be of great assistance and can help protect your rights. The state and federal laws governing securities…

Securities FINRA Arbitration and Litigations Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. September, 2011: On or about September 22, 2011, The Securities and Exchange Commission entered an Order Instituting Administrative and Cease and Desist Proceedings, Pursuant To Section 9(b) of the Investment Company Act of 1940, and Sections 203(f) AND 203(k) of the Investment…

FINERA Arbitration and Securities Fraud Litigation Attorney, Russell L. Forkey, Esq. September, 2011: The Securities and Exchange Commission recently filed a subpoena enforcement action against Deloitte Touche Tohmatsu CPA Ltd. for failing to produce documents related to the SEC’s investigation into possible fraud by the Shanghai-based public accounting firm’s longtime client Longtop Financial Technologies Limited.…

Securities Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. September, 2011: Securities and Exchange Commission v. National Stock Transfer, Inc., Kay Berenson-Galster and Roger Greer, Case No. 2:11-CV-00798 (USDC Utah). SEC FILES CIVIL INJUNCTIVE ACTION AND OBTAINS EMERGENCY RELIEF AGAINST NATIONAL STOCK TRANSFER, INC., KAY BERENSON-GALSTER AND ROGER GREER Recently,the Securities…