Articles Posted in SEC Enforcement Actions 2016

Stifel, Nicolaus & Co., Inc. and David Noack – South Florida, including Fort Lauderdale, Deerfield Beach, Pompano Beach and Boca Raton, Unsuitable Investment and Breach of Fiduciary Duty Litigation and Arbitration Attorney Securities and Exchange Commission v. Stifel, Nicolaus & Co., Inc., et al., Civil Action No. :11-cv-755 (E.D. Wis. filed Aug. 10, 2011) Stifel,…

Richard G. Cody – South Florida, including Boca Raton, Boynton Beach, Lake Worth and West Palm Beach, Elder Financial Abuse and Breach of Fiduciary Duty Litigation and Arbitration Attorney Russell L. Forkey, Esq. Securities and Exchange Commission v. Richard G. Cody, et al., Civil Action No. 16-cv-12510-FDS (D. Mass., filed Dec. 12, 2016) SEC Charges…

South Florida Sale of Unregistered Securities Litigation Attorney. Securities and Exchange Commission v. Rafael Antonio Calleja, Jr., Civil Action No. 16-CV-24872-KMW (S.D. Fla. filed November 22, 2016) SEC Charges Naples, Florida Resident with Misappropriating Investor Funds Recently, the Securities and Exchange Commission filed a civil injunctive action in the United States District Court for the…

Trading Program Fraud – South Florida Trading Program Fraud and Misrepresentation Litigation Attorney Securities and Exchange Commission v. David B. Kaplan, Esq., et al., Civil Action No. 3:16-cv-00270 (D. Nevada-Reno filed May 19, 2016) SEC Obtains Asset Freeze Against Attorney Accused of Misrepresenting Investments and Misappropriating Investor Funds The Securities and Exchange Commission recently announced…

Pre-IPO Stock Fraud – Boca Raton, Florida Penny Stock Fraud Litigation and Arbitration Attorney Securities and Exchange Commission v. JSG Capital Investments, LLC, et al., Civil Action No. 3:16-cv-02814 (N.D. Ca.) SEC Halts Ponzi Scheme Aimed At Middle Class The Securities and Exchange Commission has charged two California men and their investment firm with operating…

Professional Athletes Beware Of Placing Too Much Trust In Your Financial Advisors – South Florida Financial Advisor Litigation and Arbitration Attorney SEC: Financial Adviser Defrauded Pro Athletes and Lied to SEC Examiners The Securities and Exchange Commission recently announced fraud charges against a Pittsburgh, Pa.-based financial adviser accused of taking money without permission from the…

Common Stock Buyers Beware – Boca Raton, Florida Securities Litigation and Arbitration Attorney SEC Charges Shell Factory Operators With Fraud The Securities and Exchange Commission (SEC) recently announced fraud charges against a California stock promoter and a New Jersey lawyer who allegedly were creating sham companies and selling them until the SEC stopped them in…

Ross McLellan – South Florida Unauthorized and Fraudulent Mark-Up FINRA Arbitration and Litigation Attorney Securities and Exchange Commission v. Ross McLellan, Civil Action No. 16-cv-10874 (D. Mass. filed May 13, 2016) SEC Charges Former Executive of Massachusetts-Based State Street Corporation with Defrauding Investors The Securities and Exchange Commission recently announced fraud charges against Ross McLellan,…

Boca Raton Florida Penny Stock Fraud and Misrepresentation Litigation and Arbitration Attorney Securities and Exchange Commission v. Fortitude Group, Inc., et al., Civil Action No. 1:16-cv-00050-SPB (W.D. Pa. filed Feb. 29, 2016) Securities and Exchange Commission v. Strategic Global Investments, Inc., et al., Civil Action No. 3:16-cv-00514-H-JLB (S.D. Ca. filed Feb. 29, 2016). SEC Charges…

Nathanial Ponn – South Florida Common and Preferred Stock Fraud and Misrepresentation Litigation and Arbitration Attorney Securities and Exchange Commission v. Nathanial D. Ponn, Civil Action No. 16-10624-GAO (D. Mass. filed March 31, 2016) The Securities and Exchange Commission recently announced fraud charges against Massachusetts resident Nathanial D. Ponn for engaging in a scheme to…