South Florida Arbitration & Litigation Lawyer Blog

Securities and Exchange Commission v. Detroit Memorial Partners, LLC and Mark Morrow, Civil Action No. 1:13-cv-1817-WSD, United States District Court, Northern District of Georgia SEC Charges Cincinnati Resident and Delaware Firm with Offering Fraud Recently, the Securities and Exchange Commission filed a civil injunctive action in the Northern District of Georgia against Detroit Memorial Partners,…

Securities and Exchange Commission v. Laidlaw Energy Group, Inc. and Michael Bartoszek, Civil Action No. 13 Civ. 3837 (ALC) (S.D.N.Y.) SEC Charges Penny Stock Company and Ceo for Illegal Stock Offering and Insider Trading The Securities and Exchange Commission recently charged a microcap company that was ensnared in an SEC trading suspension proactively targeting questionable…

Bullion Coins – Florida Precious Metals (Gold, Silver, Platinum or Palladium) Fraud and Mismanagement State and Federal Court Litigation Attorney: Bullion Coins are coins composed of metal such as gold, silver, platinum, or palladium. Bullion coins provide the purest play on the “up or down” price moves of the underlying metal, and are the most…

Net Asset Value (NAV) – Florida Corporate and Business Litigation Attorney (Commercial Litigation Attorney): Net Asset Value is the book value of a company’s different classes of securities, usually stated as net asset value per bond, net asset value per share of preferred stock, and net book value per common share of common stock. The…

Securities and Exchange Commission v. Robert A. Gist, et al., Civil Action No. 1:13-cv-01833-AT (N.D.Ga., May 31, 2013) SEC Charges Atlanta Attorney with Converting Investor Funds Recently, the Securities and Exchange Commission charged Robert A. Gist (“Gist”), an Atlanta attorney and former sports agent, and Gist, Kennedy & Associates, Inc. (“Gist Kennedy”) (collectively, “Defendants”), a…

Executor – Executrix – South Florida Elder Abuse and Advocate Litigation Attorney: An Executor or Executrix is the administrator of an estate that is being probated. The administrator gathers the estate assets, files the estate tax return and final personal income tax return; and distributes the balance, of the estate, in accordance with the terms…

Contingent Deferred Sales Load (Charge) – South Florida Elder Abuse Mutual Fund Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney: A contingent deferred sales load (charge) is a sales charge levied by a mutual fund if a customer sell fund shares within a specified number of years. Instead of charging a traditional front end…

Bond Discount – Florida Bond Investment Breach of Fiduciary Duty, Breach of Contract and Negligence FINRA Arbitration and State and Federal Litigation Attorney: A bond discount is the amount by which the market price of a bond is lower than its face value. Outstanding bonds with fixed coupons go to discounts when market interest rates…

The Securities and Exchange Commission staff recently issued an Investor Alert in response to a number of fraudulent solicitations currently underway that purport to be affiliated with or sponsored by the federal government and legitimate securities regulators. If you are contacted by an organization calling itself the “Chicago Division of Securities,” the “Division of Securities,…

Securities and Exchange Commission v. John A. Grant, Sage Advisory Group, LLC and Benjamin Lee Grant, Civil Action No. 1:11-CV-11538 (GAO) (D. Mass.) SEC Obtains Final Judgment and Issues Administrative Orders Against John A. (“Jack”) Grant The Securities and Exchange Commission recently announced that on May 17, 2013, the Honorable George A. O’Toole Jr. of…