South Florida Arbitration & Litigation Lawyer Blog

FINRA Arbitration Attorney, Russell L. Forkey, Esq. Paul James Marshall (CRD #1889692, Registered Supervisor, Atlanta, Georgia) was named as a respondent in a FINRA complaint alleging that he obtained the option to purchase shares of a company after he obtained bank financing for the company and offered to purchase shares for a member firm customer.…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. Hsin-Chuan Hsu aka Henry Hsu (CRD #1655196, Registered Representative, Marlboro, New Jersey) was named as a respondent in a FINRA complaint alleging that he fraudulently caused the transfer of profitable trades that were originally billed to the accounts of firm’s customers into his relatives accounts, resulting in profits…

Fort Lauderdale, Florida FINRA Arbitration Attorney, Russell L. Forkey, Esq. Richard A. Garaventa (CRD #3101772, Associated Person, Dannemora, New York) was named as a respondent in a FINRA complaint alleging that he misappropriated over $2.5 million from his member firm, firm customers and a firm counterparty for his own benefit. The complaint alleges that Garaventa…

West Palm Beach, Florida Securities Arbitration Lawyer, Russell L. Forkey, Esq. In addition to providing information relative to the results of certain publically available enforcement awards, we have recently added a new feature to our site, which we are incorporating herein. We are now providing iFINRA generated nformation relative to FINRA complaints issued in the…

Boca Raton, Florida Securities Arbitration and Litigation Lawyer, Russell L. Forkey, Esq. In addition to providing information relative to the results of certain publically available enforcement awards, we have recently added a new feature to our site, which we are incorporating herein. We are now providing iFINRA generated nformation relative to FINRA complaints issued in…

West Palm Beach, Florida Securities Arbitration Lawyer, Russell L. Forkey, Esq. In addition to providing information relative to the results of certain publically available enforcement awards, we have recently added a new feature to our site, which we are incorporating herein. We are now providing iFINRA generated nformation relative to FINRA complaints issued in the…

Investment and Securities Fraud and Mismanagement FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: Mahmood Hasan Usmani, (CRD #5727193, Associated Person, Bartlett, Tennessee) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity and ordered to disgorge $24,286.67 in unlawful profits. Without…

South Florida Securities Fraud and Misrepresentation FINRA Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: Larrye Alfie Smith (CRD #1131839, Registered Principal, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was censured, fined $7,500 and suspended from association with any FINRA member in any capacity for six months. The fine…

South Florida FINRA Arbitration Securities Fraud and Mismanagement Attorney, Russell L. Forkey, Esq. January, 2011: Robert Charles Pollock (CRD #4490116, Registered Representative, Palm Harbor, Florida formerly licensed with Workman Securities Corporation) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $94,650, which includes disgorgement of $34,650 in commissions, suspended from association…

Florida FINRA Arbitration Securities and Investment Fraud and Arbitration Attorney, Russell L. Forkey, Esq. January, 2011: Michael Anthony Nemcik (CRD #5405918, Registered Representative, Tampa, Florida) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Nemcik failed to respond to FINRA requests for information. The findings stated…