South Florida Arbitration & Litigation Lawyer Blog

Boca Raton, Florida Private Placement and Regulation D Fraud and Misrepresentation Litigation and Arbitration Attorney: The Financial Industry Regulatory Authority (FINRA) recently announced that it has ordered Brookville Capital Partners LLC, based in Uniondale, NY, to pay full restitution of more than $1 million to the victims and fined the firm $500,000 for fraud in…

South Florida Third Party 401(k) Plan Administrator Fraud and Misrepresentation Litigation Attorney: The Florida Office of Financial Regulation (OFR) recently announced the March 9 arrest of James Allen Hall in Kansas by the Crawford County Sheriff’s Office. Hall has been charged with grand theft, and he is currently awaiting extradition to Florida. The case is…

South Florida, including Boca Raton, West Palm Beach and Royal Palm Beach Microcap Investment and Security Fraud and Misrepresentation Litigation Attorney Securities and Exchange Commission v. David Carven et. a. Civil Action No. 15-cv-1820 (S.D.N.Y.) SEC Files Emergency Action Against Father and Son Behind Pump and Dump Scheme, Obtains Asset Freeze The U.S. Securities and…

South Florida Customer Protection and Negligent Supervision FINRA Arbitration and Litigation Attorney: SEC Charges Texas-Based Brokerage Firm With Violating Supervisory and Customer Protection Rules: The Securities and Exchange Commission recently charged an Irving, Texas-based brokerage firm with violating key customer protection rules after failing to adequately supervise registered representatives who misappropriated customer funds. H.D. Vest…

South Florida (Boca Raton, Florida) Corporate and Shareholder Business Dispute Litigation and Arbitration Attorney: Florida Minority Shareholder Election Statute: 607.1436 Election to purchase instead of dissolution. Fla Stat. § 607.1436 gives the court charged with valuing shares in a corporation discretion to determine the most appropriate valuation method by which to arrive at “fair value.”…

South Florida, including Boca Raton, Delray Beach and West Palm Beach Business and Corporate Attorney: Risk is defined by Webster’s Dictionary as “the chance of injury, risk or loss.” In the investment arena risk can be defined in a number of ways: with respect to fluctuating market values of securities and portfolios, risk means the…

Boca Raton, Fort Lauderdate, and West Palm Beach, Florida Preferred and Common Stock Corporate and Business Attorney: FAQ’s Preferred Stocks: When a corporation is created, the incorporators are required to issue common stock as holders of the common stock own the company and by executing their voting rights control the company through their election of…

Boca Raton, Florida Oil and Gas Private Offering Litigation and Arbitration Attorney: What could possibly go wrong with an oil and as private offering? The oil and gas industry is often in the news. Because of this, some people have used the appeal of “striking it rich” with a gushing well as a basis for…

Securities and Exchange Commission v. Caledonian Bank Ltd., et al., Civil Action No. 15-CV-00894 The Securities and Exchange Commission has charged five offshore entities with offering and selling unregistered penny stocks into the public markets. According to the SEC’s complaint filed on February 6, 2015, Cayman Islands-based, Caledonian Bank Ltd. and Caledonian Securities Ltd., Belize-based,…

Boca Raton, Florida Senior, Retirement and Elder Financial Abuse and Financial Exploitation Attorney: Social Media and Investing – Tips for Seniors: More and more older Americans are using social media every day, including to help guide investment decisions. Whether it is to research particular stocks, to find background information on financial professionals, to gather up-to-date…