Articles Posted in SEC Enforcement Actions 2011

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…

Securities Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. June 25, 2011: Approximately, 39,000 investors lose $1.5 billion dollars. Recently, the Securities and Exchange Commission (SEC) announced that it had agreed to accept a settlement proposed by Morgan Asset Management, Inc., Morgan Keegan & Company, Inc., James C. Kelsoe, Jr., and…

Florida Securities Fruad Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. June 3, 2011 Securities and Exchange Commission v. Ronald Abernathy, Arthur Weiss and Sovereign International Group, LLC, No. 1:11-cv-580 (W.D. Mich. June 3, 2011) The Securities and Exchange Commission charged Ronald Abernathy and Arthur Weiss with orchestrating a $560,000 securities fraud through their…