South Florida Arbitration & Litigation Lawyer Blog

Boca Raton, Florida Securities Fraud and Mismanagement FINRA Arbitration Lawyer, Russell L. Forkey, Esq. This page will provide monthly links to both the results of stipulated FINRA enforcement awards and FINRA complaints for the calender year 2010, by month in ascending order. In addition to providing information relative to the results of certain publically available…

Tampa, Florida Securities Fraud Attorney, Russell L. Forkey, Esq. One of the things that we try to do on this site is to inform investors about certain enforcement actions that have been commenced by the Financial Industry Regulatory Authority (FINRA) against both brokerage firms and other FINRA licensed individuals, including account executives. FINRA is the…

Precious Metals Boiler Rooms: Historically, “Boiler Rooms” were associated with securities and commodity futures trading. Generally, a “boiler room” is defined as a place where high-pressure salespeople use banks of telephones to “cold” call lists of potential investors (known in the trade as sucker lists) in order to peddle speculative, even fraudulent investments. Generally, as…

July, 2012: Securities and Exchange Commission v. Aubrey Lee Price, et al. Case No. 1:12-CV-2296 (N.D. Ga. July 2, 2012) SEC FREEZES ASSETS OF MISSING GEORGIA-BASED INVESTMENT ADVISER The Securities and Exchange Commission announced recently that it has obtained a court order freezing the assets of a Georgia-based investment adviser who has apparently gone into…

July, 2012: Securities and Exchange Commission v. Gold Standard Mining Corp. (formerly known as Fluid Solutions Inc.), Panteleimon Zachos, Kenneth G. Eade, Edward Randall Gruber, CPA, and Gruber & Company, LLC, Civil Action No. CV-12-5662 PA (CWx) (C.D. Cal.) SEC CHARGES GOLD STANDARD MINING CORP. AND OTHERS FOR FALSE AND MISLEADING STATEMENTS CONCERNING RUSSIAN GOLD…

Formal Broker/Dealer Recommendations: How does your account executive decide what securities to recommend to you? What factors does your account executive take into consideration in making buy, hold or sell recommendations to you? These are simple questions. However, the answer could have a significant impact on the profitability of your account. There are two basic…

Basic Types of Options: July, 2012: There are varied terms and concepts that relate to option trading activity. Here are a few. However, please keep in mind that the purpose of this post is to provide the reader with general information concerning this information. Remember that the information provided herein is not designed to be…

Securities and Exchange Commission v. Peter Madoff, 12-Civ-5100 (S.D.N.Y.) SEC CHARGES PETER MADOFF WITH FRAUD AND FALSE STATEMENTS TO REGULATORS June, 2012: Recently, the Securities and Exchange Commission charged Peter Madoff, the brother of Bernie Madoff, with committing fraud, making false statements to regulators, and falsifying books and records in order to create the false…

SEC Charges 14 Sales Agents In $415 Million Long Island-Based Ponzi Scheme June, 2012: The Securities and Exchange Commission recently charged 14 sales agents who misled investors and illegally sold securities for a Long Island-based investment firm at the center of a $415 million Ponzi scheme. The SEC alleges that the sales agents – which…

SEC Shuts Down $42 Million Ponzi-Like Scheme June, 2012: The Securities and Exchange Commission recently announced that it has obtained an emergency court order to halt an alleged Ponzi-like scheme operated by Small Business Capital Corp. and its principal Mark Feathers, who raised $42 million by selling securities issued by Investors Prime Fund LLC and…