Articles Posted in SEC Enforcement Actions 2012

Broker/Dealer and Stock Broker Fraud and Misconduct Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: SEC v. Lloyd V. Barriger, 11 Civ. 3250 (CS) (S.D.N.Y.) Lloyd V. Barriger, Monticello, New York Investment Adviser, is Permanently Enjoined and Barred from the Securities Industry Recently, the Honorable Cathy Seibel, United States District Judge for…

Investment and Securities Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. February, 2012: SEC Charges Former Credit Suisse Investment Bankers in Subprime Bond Pricing Scheme During Credit Crisis The Securities and Exchange Commission recently charged four former veteran investment bankers and traders at Credit Suisse Group for engaging in a complex…

Stock Broker Fraud, Misconduct and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. January, 2012: SECURITIES AND EXCHANGE COMMISSION v. CHRISTOPHER T. VULLIEZ, ET AL. Civil Action No. 11-cv-3458 (RMB) (S.D.N.Y.) SEC OBTAINS FINAL JUDGMENTS AGAINST INVESTMENT ADVISER CHRISTOPHER T. VULLIEZ AND AMPHOR ADVISORS, LLC The Securities and Exchange Commission recently announced that…

Securities and Investment Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. January, 2012: SECURITIES AND EXCHANGE COMMISSION v. ROBERT CHIU (A/K/A CHI HUNG CHIU), Civil Action No. CV-12-00200-PHX-JWS (JWS) (D. Ariz.) (Filed Jan. 30, 2012) SECURITIES AND EXCHANGE COMMISSION v. JAMES LI (A/K/A CHING HUA LI), THOMAS CHOW (A/K/A MAN KIT…

Stock Broker Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. January, 2012: SEC v. Igors Nagaicevs, Case No. CV-12-0413 EDL (N.D. Cal. filed Jan. 26, 2012); In the Matter of Alchemy Ventures, Inc., KM Capital Management, LLC, Zanshin Enterprises, LLC, Mark H. Rogers, Steven D. Hotovec, Joshua A. Klein, Yisroel M.…

Penny Stock Fraud and Manipulation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2012: The Securities and Exchange Commission recently charged a Fort Lauderdale-based firm and its founder with conducting a fraudulent boiler room scheme in which they hyped stock in two thinly-traded penny stock companies while behind the scenes they sold the…

Securities and Investment Litigation and FINRA Arbitration Fraud Attorney, Russell L. Forkey, Esq. January, 2012: The Securities and Exchange Commission recently announced that Diamondback Capital Management LLC has agreed to pay more than $9 million to settle insider-trading charges brought by the Commission on Jan. 18. The proposed settlement is subject to the approval of…

Securities and Investment Fraud Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2012: SEC v. Spyridon Adondakis, Anthony Chiasson, Sandeep Goyal, Jon Horvath, Danny Kuo, Todd Newman, Jesse Tortora, Diamondback Capital Management, LLC, and Level Global Investors, L.P., Civil Action 12-CV-0409 (SDNY)(PGG) SEC Charges Seven Fund Managers and Analysts In Insider Trading Scheme,…

Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. January, 2012: SEC Obtains Emergency Relief Against St. Louis-Based Private Investment Funds after Charging Them and Their Principal with Fraud The Securities and Exchange Commission recently announced that it has obtained an emergency court order to freeze the assets of St.…

Securities and Investment Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2012: SEC V. BANKATLANTIC BANCORP., INC. AND ALAN LEVAN (UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA, CASE NO. 0:12-CV60082, FILED JANUARY 18, 2012) Recently, the Securities and Exchange Commission filed securities fraud charges against BankAtlantic Bancorp,…