South Florida Arbitration & Litigation Lawyer Blog

Common sales pitches in precious metal fraud
Russell L. Forkey

For ages, gold has been a safe investment for the uninitiated or market-wary. The stability of gold and other precious metals make them an accessible investment with little influence from volatile markets. The accessibility of precious metals, however, makes them an easy vessel for would-be scammers and fraudulent brokers to take advantage of unseasoned investors.…

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Look out for signs of churning
Russell L. Forkey

Your broker earns a commission or collects a fee every time they trade a stock. This can tempt some unethical brokers to engage in “churning.” Churning happens when a broker makes several small trades to help them earn extra income from commissions and fees. Churning is solely for the benefit of the broker. It does…

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Final Judgment Entered Against William C. Conway, Jr. and Steve Schrag in the Total Amount of $771,350 for Fraud and Deceit.
Russell L. Forkey

On September 19 2019, William C. Conway, Jr., originally of Fort Lauderdale, Florida, and Steven Schrag, originally of Bartlesville, Oklahoma, had a final judgment entered against them, jointly and severally, in the total amount of $771,350 for fraud and deceit in the case styled Michael Conville, Joseph Gilmore and Beacon Construction Group, Inc. v. William…

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Reading and Understanding Your Margin Agreement – South and Central Florida FINRA Arbitration Attorney
Russell L. Forkey

Read Your Margin Agreement: As with any type of business transaction that you are contemplating, it is important for you to read and understand fully all of the terms and conditions of any type of margin or, for that matter, loan agreement which you are considering. The explanation of the account executive of the terms,…

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FAQ Relating to Margin – South and Central Florida FINRA Arbitration Attorney
Russell L. Forkey

Understanding Margin – Margin is borrowing money from your broker to buy a security and using your investment as collateral. Investors generally use margin to increase their purchasing power so that they can own more securities without fully paying for it. The amount owed to the broker is called the debit balance. Through the use…

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FAQ: Do Florida Courts Have Jurisdiction Over A Non-Resident Who Is Alleged to Be Involved In A Conspiracy Against A Florida Resident? South and Central Florida Commercial Litigation Attorney
Russell L. Forkey

To answer the above question, the reader should first review Florida Statute 48.193, which is titled “Acts subjecting persons to jurisdiction of the Courts of this state.” The elements required for pleading a civil conspiracy in Florida are (1) a conspiracy between two or more parties, (2) to do an unlawful act or to do…

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If You Are a Florida Resident and You Want to Bring a Claim Against a Non-Resident, What Acts Would Subject the Non-Resident to the Jurisdiction of the Florida Court System? South and Central Florida Commercial Litigation Attorney
Russell L. Forkey

If You Are A Florida Resident And You Want To Bring A Claim Against A Non-Resident, What Acts Would Subject The Non-Resident To The Jurisdiction Of The Florida Court System? South and Central Florida Commercial Litigation Attorney. In certain circumstances, the answer to this question is easy to discern. One need look no further than…

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The Florida Uniform Fraudulent Transfer Act – How Can the Act Help You in Collecting on Your Judgment – South Florida and Central Florida Judgment Collection Attorney
Russell L. Forkey

The Florida Uniform Fraudulent Transfer Act – How Can the Act Help You in Collecting on Your Judgment – South and Central Florida Judgment (Including Out-of-State Judgments) Collection Attorney. The Florida Uniform Fraudulent Transfer Act (“FUFTA”) is contained in Florida Statute §§ 726.101 – 201 FUFTA provides creditors (judgment holders) with various forms of relief…

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