Articles Posted in SEC Enforcement Actions 2012

Investment Advisor and Broker-Dealer Fraud, Mismanagement and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: Securities and Exchange Commission v. Venulum Ltd., et al., Civil Action No. 3:12-cv-00477-N (N.D. Tex. February 15, 2012) SEC Charges Venulum with Registration Violations in Connection with Offerings of Wine Contracts and Promissory Notes The Securities…

Investment Advisor and Broker-Dealer Fraud, Misrepresentation and Mismanagement Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: SEC CHARGES INVESTMENT ADVISER BRENDA A. ESCHBACH WITH MULTI-YEAR MISAPPROPRIATION OF CLIENT FUNDS Securities and Exchange Commission v. Brenda A. Eschbach, No. SA CV 12 0244 (AG) (JPRx) (C.D. Cal.). The U.S. Securities and Exchange Commission…

Investment Advisor and Broker/Dealer Fraud, Mismanagment and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. February, 2012: SEC v. Douglas F. Whitman and Whitman Capital, LLC, Civil Action 12-CV-1055 (SDNY) SEC Charges California Hedge Fund Manager Connected to Galleon Insider Trading Case Recently, the Securities and Exchange Commission filed a civil injunctive action…

Selling Away and Outside Business Activity FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. February, 2012: In the Matter of Robert C. Koeller Recently, the Securities and Exchange Commission (SEC) issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings and Imposing Remedial Sanctions (Order)…

Broker/Dealer and Stock Broker Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. February, 2012: SEC v. Dynkowski, et al., Civil Action No. 1:09-361 (D. Del.) Three Defendants Settle and Additional Defendant Charged in Stock Manipulation Ring The Securities and Exchange Commission recently announced that Chief Judge Gregory M. Sleet of…

Broker/Dealer and Account Executive Fraud, Mismanagement and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. Febraury, 2012: SEC, Appellee v. W. Anthony Huff, Defendant-Appellant, and Sheri Huff and Midwest Merger Management, LLC, Relief Defendants-Appellants, United States Court of Appeals for the Eleventh Circuit, Appeal No. 11-10758 (January 3, 2012) SEC v. W. Anthony…

Broker/Dealer Fraud, Mismanagement and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: SEC v. Kenneth A. Dachman and Stone Lion Management, Inc., 1:12-cv-00821 (N.D. Illinois). SEC CHARGES KENNETH A. DACHMAN FOR ORCHESTRATING A MISAPPROPRIATION SCHEME AND OFFERING FRAUD Recently, the Securities and Exchange Commission charged Glencoe, Illinois resident Kenneth A. Dachman…

Broker/Dealer Fraud, Mismanagement and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. February, 2012: ADMINISTRATIVE PROCEEDING File No. 3-14710 In the Matter of: 1st Discount Brokerage and Michael R Fisher Respondents. ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 15(b) OF THE SECURITIES EXCHANGE ACT OF 1934 AND SECTIONS 203(e) AND 203(f) OF THE…

Broker/Dealer Investment and Securities Fraud Litigation and FINRA Arbitration Lawlyer, Russell L. Forkey, Esq. February, 2012: SEC v. Cutillo et al., Civil Action No. 09-CV-9208 (S.D.N.Y.) (RJS) Former Traders Craig Drimal and David Plate Settle SEC Insider Trading Charges The Securities and Exchange Commission recently announced that the Honorable Richard J. Sullivan of the United…

Broker/Dealer and Account Executive Fraud, Mismanagement and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: Court Enters Final Judgment By Consent Against Robert J. Therrien, Former CEO of Brooks Automation Securities and Exchange Commission v. Robert J. Therrien, (United States District Court for the District of Massachusetts, CV-07-11634-WGY) The Commission recently…