South Florida Arbitration & Litigation Lawyer Blog

Margin Abuse and Negligent Supervision FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. November, 2011: Legent Clearing LLC, dba Legent Clearing (CRD #117176, Omaha, Nebraska) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $200,000. Without admitting or denying the findings, the firm consented to the described…

Common and Preferred Stock Fraud FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. November, 2011: Euro Pacific Capital, Inc. (CRD #8361, Westport, Connecticut) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $150,000. Without admitting or denying the findings, the firm consented to the described sanctions and…

Unregistered Brokerage Firm Employees FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. November, 2011: CP Capital Securities, Inc. (CRD #15029, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $35,000. Without admitting or denying the findings, the firm consented to the described sanctions and to…

Misleading Research Report FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. November, 2011: BGB Securities, Inc. (CRD #36716, Arlington, Virginia) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $25,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry…

Cherry Picking Securities Fraud and Misrepresentation FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. November, 2011: Beta Capital Management, L.P. (CRD #38964, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $450,000. Without admitting or denying the findings, the firm consented to the described sanctions…

Unauthorized and Excessive Trading FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. November, 2011: J.P. Turner & Company, LLC (CRD #43177, Atlanta, Georgia) and James Edward McGrath (CRD #1582846, Registered Principal, Brick, New Jersey) submitted an Offer of Settlement in which the firm was censured and fined $20,000. McGrath was fined $5,000 and suspended…

Unsecured Bridge Promissory Note Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. November, 2011: Brookstone Securities, Inc. (CRD® #13366, Lakeland, Florida), David William Locy (CRD #4682865, Registered Principal, Overland Park, Kansas), Mark Mather Mercier (CRD #1884246, Registered Principal, Lutz, Florida) and Antony Lee Turbeville (CRD #1721014, Registered Principal, Lakeland, Florida) submitted…

Fraud, Misrepresentation, Theft, Mismanagement, Selling Away, Unauthorized Outside Business and Negligent Supervision FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. is available for a free consultation if you have suffered investment losses relative to any of the matters set forth below: Periodically, the Financial Industry Regulatory Authority, Inc. (FINRA) publically announces, on its website,…

Theft and Forgery FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. October, 2011: Miguel Alex Rosas (CRD #5159207, Registered Rep, Naperville, Illinois) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Rosas consented to the…

Limited Partnership Fraud, Mismanagement, Negligent Supervision, Selling Away and Unauthorized Outside Business Activity FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. October, 2011: Ronald Marvin (CRD #722277, Registered Representative, Weston, Connecticut) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without…