South Florida Arbitration & Litigation Lawyer Blog

Hedge Fund Investment Fraud Attorney, Russell L. Forkey, Esq. August 31, 2011: Securities and Exchange Commission v. Anthony Scolaro, Civil Action No. 11-CV-6112 (S.D.N.Y.) SEC Files Settled Insider Trading Charges Against Former Diamondback Portfolio Manager Anthony Scolaro The Securities and Exchange Commission recently filed a settled civil enforcement action against Anthony Scolaro, a former portfolio…

Central Florida Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. August 29, 2011: The Securities and Exchange Commission recently charged two Florida men with operating a Ponzi scheme disguised as a purported private equity fund that fraudulently raised approximately $22 million from more than 100 investors, many of whom were Florida…

FINRA Equity Linked Note Fraud and Misrepresentation Arbitration and Litigation Attorney, Russell L. Forkey, Esq. August, 2011: Recently, The Securities and Exchange Commission (“Commission”) deemed it appropriate and in the public interest that public administrative and cease-and-desist proceedings be instituted pursuant to Section 8A of the Securities Act of 1933 (“Securities Act”), Sections 15(b) and…

Securities Fraud Litigation and Arbitration Attorney, Russell L. Forkey, Esq. July, 2011: Securities and Exchange Commission v. Sam Otto Folin, Benchmark Asset Managers LLC, and Harvest Managers LLC, Civil Action No. 11-cv-4447 (E.D. Pa. July 12, 2011) SEC Charges Philadelphia-Based Registered Investment Adviser With Fraud. The Securities and Exchange Commission recently charged Sam Otto Folin…

Florida Securities Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. July, 2011: Roman Lyniuk: The Respondent submitted an Offer of Settlement (the “Offer”) which the Commission accepted. Solely for the purpose of the administrative proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a…

Securities Fraud Litigation, FINRA and AAA Arbitration Attorney, Russell L. Forkey, Esq. July, 2011: Securities and Exchange Commission v. Joshua Constantin et al., United States District Court for the Southern District of New York, Civ. Action No. 11-CV-4642 (filed July 6, 2011) SEC CHARGES NEW YORK BROKERAGE FIRM AND TWO EXECUTIVES WITH DEFRAUDING INVESTORS IN…

Boca Raton, Florida Securities Fraud Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. July, 2011: In Administrative Proceedings File No. 3-14411, styled In the Matter of D”Brit Corp., Dair Ventures, Inc., D.C. Trading & Development Corp., Delsoft Consulting, Inc., Dev-Tech Corp. (n/k/a Dev Sec, Inc.), Digital Products Corp., and Dollar Time Group, Inc., the…

South Florida Securities Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. June 30, 2011: SEC v. Robert M. Esposito, Gregory A. King, Jack R. Belluscio and Anscott Industries, Inc., C.A. No. 08:00494 T26 (M.D. Fla.) (RAL) FINAL JUGMENTS ENTERED AGAINST ROBERT M. ESPOSITO AND GREGORY A. KING ORDERING OVER $20 MILLION IN DISGORGEMENT AND…

Securities Fraud and Mismanagement Litigation, and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. SEC v. Brian Gibson, Civil Action No. 0:11-cv-61458-WPD (U.S. District Court for the Southern District of Florida) SEC v. Douglas Newton and Real American Brands, Inc., n/k/a Real American Capital Corp., Civil Action No. 0:11-cv-61455-WJZ (U.S. District Court for the Southern District…

Securities Misrepresentation Federal and State Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June 28, 2011: SEC v. Michael E. Kelly, et al., Case No. 1:07-CV-4979 in the United States District Court for the Northern District of Illinois Court Enters Final Judgment Against Georgia Resident William K. Boston, Jr., Texas Resident Warren T. Chambers…