Articles Posted in FINRA Enforcement Actions 2011

South Florida Securities Fraud and Misrepresentation FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: Larrye Alfie Smith (CRD #1131839, Registered Principal, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was censured, fined $7,500 and suspended from association with any FINRA member in any capacity for six months. The fine…

South Florida FINRA Arbitration Securities Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Robert Charles Pollock (CRD #4490116, Registered Representative, Palm Harbor, Florida formerly licensed with Workman Securities Corporation) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $94,650, which includes disgorgement of $34,650 in commissions, suspended from association…

Florida FINRA Arbitration Securities and Investment Fraud and Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: Michael Anthony Nemcik (CRD #5405918, Registered Representative, Tampa, Florida) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Nemcik failed to respond to FINRA requests for information. The findings stated…

FINRA Investment and Securities Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Claude Steven Mosley (CRD #1161832, Registered Representative, Myrtle Beach, South Carolina formerly licensed with Capital Investment Group, Inc.) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $15,000 and suspended from association with any FINRA member in…

FINRA Arbitration Fraud, Theft and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Antonio Herrero-Rovira (CRD #1878587, Registered Principal, Rio Piedras, Puerto Rico, formerly licensed with UBS Financial Services Incorporated of Puerto Rico and Popular Securities, Inc.) was barred from association with any FINRA member in any capacity. The sanction was based on findings that…

FINRA Arbitration Fraud, Theft and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Chad R. Duncan (CRD #4119031, Registered Principal, Hermitage, Pennsylvania, formerly licensed with LPL Financial Corporation and Invest Financial Corporation) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without…

Central Florida FINRA Investment and Securities FINRA Arbitration Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: David William Dube (CRD #3041983, Registered Principal, St. Petersburg, Florida, formerly licensed with Peak Securities Corporation) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any…

FINRA Investment and Securities Fraud, Misrepresentation and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: George Abbott Berry (CRD #4319797, Registered Representative, Tuscaloosa, Alabama, formerly licensed with Allstate Financial Services, LLC.) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting…

FINRA Investment and Securities Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Hernan Esteban Arbizu (CRD #4610869, Registered Representative, Fairfield, Connecticut, formerly licensed with J.P. Morgan Securities, Inc.) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Arbizu failed to respond to FINRA requests…

FINRA Municipal Bond Fraud and Mismanagement Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: TD Ameritrade, Inc. (CRD #7870, Bellevue, Nebraska) 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 the entry…