Articles Posted in Securities Litigation

Securities and Exchange Commission v. Laidlaw Energy Group, Inc. and Michael Bartoszek, Civil Action No. 13 Civ. 3837 (ALC) (S.D.N.Y.) SEC Charges Penny Stock Company and Ceo for Illegal Stock Offering and Insider Trading The Securities and Exchange Commission recently charged a microcap company that was ensnared in an SEC trading suspension proactively targeting questionable…

Bullion Coins – Florida Precious Metals (Gold, Silver, Platinum or Palladium) Fraud and Mismanagement State and Federal Court Litigation Attorney: Bullion Coins are coins composed of metal such as gold, silver, platinum, or palladium. Bullion coins provide the purest play on the “up or down” price moves of the underlying metal, and are the most…

Net Asset Value (NAV) – Florida Corporate and Business Litigation Attorney (Commercial Litigation Attorney): Net Asset Value is the book value of a company’s different classes of securities, usually stated as net asset value per bond, net asset value per share of preferred stock, and net book value per common share of common stock. The…

Executor – Executrix – South Florida Elder Abuse and Advocate Litigation Attorney: An Executor or Executrix is the administrator of an estate that is being probated. The administrator gathers the estate assets, files the estate tax return and final personal income tax return; and distributes the balance, of the estate, in accordance with the terms…

Contingent Deferred Sales Load (Charge) – South Florida Elder Abuse Mutual Fund Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney: A contingent deferred sales load (charge) is a sales charge levied by a mutual fund if a customer sell fund shares within a specified number of years. Instead of charging a traditional front end…

Securities and Exchange Commission v. John A. Grant, Sage Advisory Group, LLC and Benjamin Lee Grant, Civil Action No. 1:11-CV-11538 (GAO) (D. Mass.) SEC Obtains Final Judgment and Issues Administrative Orders Against John A. (“Jack”) Grant The Securities and Exchange Commission recently announced that on May 17, 2013, the Honorable George A. O’Toole Jr. of…

Commission Charges Dallas-Based Trader with Front-Running The Securities and Exchange Commission recently announced fraud charges and an asset freeze against a trader at a Dallas-based investment advisory firm who improperly profited by placing his own trades before executing large block trades for firm clients that had strong potential to increase the stock’s price. The SEC…

Naked Option – Florida Breach of Fiduciary Duty, Negligent Supervision and Mismanagement FINRA Arbitration and Litigation Attorney: A Naked Option is an option for which the buyer or seller has no underlying security position. A writer of a naked Call Option, therefore does not own a Long Position in the stock on which the call…

Municipal Bond and Municipal Security – Florida FINRA Arbitration and State and Federal Litigation Attorney: A Muni is a popular designation for a municipal security, especially a Municipal Bond. Municipal Bonds are debt obligations of a state or local government entity. The funds received by the entity may support general governmental needs or special projects.…

Merger – Florida Breach of Contract, Breach of Letter of Intent, and Breach of Fiduciary Duty Commercial and Business Dispute and Litigation Attorney: A merger is a combination of two or more companies, where the amount paid over and above the acquired company’s book value is carried on the books of the purchaser as goodwill;…