A National Securities Arbitration & Investment Fraud Law Firm
When the coronavirus sent Americans home, many people began investigating new projects, new hobbies and opportunities. You may know someone who has learned old-fashioned skills like gourmet cooking, quilting, sewing or other crafts, or taken up a new fitness routine. Others decide to learn new skills or improve the ones…
The SEC obtained a preliminary injunction against two individuals and their companies on October 26, 2018. The fraudulent actions of these individuals resulted in more than $165 million of illegal sales and stock in at least 50 microcap companies. According to the SEC, U.K. citizen Roger Knox and his Swiss-based…
Home growers of medical marijuana will find no shortage of gardening supplies available made just for their crops. Our marijuana litigators are seeing many bogus suppliers. One company that supplies equipment and supplies for the home grower is GrowLife, (PHOT) headquartered in Kirkland, Washington. With stores in Encino, CA, Portland,…
A pump and dump scheme is a method used by fraudsters to artificially boost the price of a security that they own shares of in order to make a profit. According to the Securities & Exchange Commission, pump and dump schemes consist of two parts. First, stock promoters will try…
After serving 10 years in prison for prior securities law violations, investment fraud orchestrator Edward Durante is back in the news for allegations of a penny stock pump-and-dump scheme. Durante was criminally charged in December 2015 by the U.S. Attorney’s Office for the Southern District of New York and civilly…
A big name may not always equal big opportunity. It’s all around us. Branded tennis shoes, hats and apparel worn by top-ranked, world-famous tennis players. NASCAR drivers and their cars blanketed in corporate logos. Famous models and actresses designing and promoting furniture lines. Top-selling country singers performing with beverage company…
Thomas Neil Charbonneau, of Minnesota, submitted a FINRA AWC in which he was barred from association with any FINRA member in any capacity. Charbonneau was registered with Feltl and Company from March 2005 through October 2010. Charbonneau then joined Berthel Fisher & Company. Without admitting or denying the findings, Charbonneau…
Cantella & Co., Inc., of Boston, Massachusetts, submitted an AWC with FINRA in which the firm was censured, fined $50,000 and required to pay $81,973.65, plus interest, in restitution to customers for allegations relating to excessive commissions. Without admitting or denying the findings, Cantella consented to the sanctions and to…
The Securities and Exchange Commission alleged New York-based Premier Links, Inc., its former president, and two cold callers formed a fraudulent boiler room scheme targeting retirees and elderly to invest in speculative or high risk companies with limited or no real chance of making a profit. The SEC alleges that…