A National Securities Arbitration & Investment Fraud Law Firm
After 17 years in the securities industry, Irizarry has been permanently barred Jose Irizarry began working in the financial services industry in the early 1990’s. During his long career, he worked for various firms, including Merrill Lynch, Pierce, Fenner & Smith in New York, PaineWebber in New Jersey and most…
Silver Law Group is investigating customer complaints against Wells Fargo advisor Robert M. Giusti (“Giusti”) located in New York, NY. There are four customer complaints against Giusti and one civil action alleging a number of securities law violations, including unsuitable investments, misrepresentations, negligence, unauthorized use of margin funds, and excessive…
The Securities and Exchange Commission charged Samuel DelPresto and his company with illicitly pocketing $13 million from an elaborate pump-and-dump scheme with the assistance of Donald Toomer, Jr. The SEC alleges that DelPresto and others teamed up to secretly obtain control of substantially all available stock in four microcap companies…
The SEC alleges that Christopher Brogdon fraudulently raised $190 million from investors in 54 conduit municipal bond and private placement offerings, through entities associated with Brogdon. These entities potentially include the following offerings: Bleckley-Cochran Development Authority First Mortgage Healthcare Facility Revenue Bonds 2013ABC/Bleckley-Bryant Crisp-Dooly JT Development Authority First Mortgage Healthcare…
On January 5, 2016, the Financial Industry Regulatory Authority (FINRA) released its 2016 Regulatory Examination Priorities letter highlighting three broad issues affecting investors and their rights: culture, conflicts of interest and ethics; supervision, risk management and controls; and liquidity. The letter also emphasizes sales practice, financial and operational controls, market…
According to FINRA Disciplinary actions for December 2015, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS Adam Douglas…
According to FINRA Disciplinary actions for December 2015, the following individuals were revoked from FINRA for failing to pay fines and/or costs pursuant to FINRA rules: NAME FORMER EMPLOYERS Richard Dwayne Blair Wealth Solutions, Inc. IMS Securities, Inc. Eul Hyung Choi SH Investment & Securities…
According to FINRA Disciplinary actions for December 2015, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS David Michael…
Learn what to look for to avoid being swindled by a Ponzi scheme in South Florida A Ponzi scheme is a type of investment fraud that is directed by a single individual who creates an entire scheme that hinges on new investment funding being used to pay existing investors. As…
Deceptive boiler room tactics lead to trade suspension, resignation of CEO The SEC suspended trading for the Oxford City Football Club amid allegations of fraud and conspiracy to commit fraud by their CEO, Thomas Guerriero. The SEC contends that Guerriero used pressure tactics and led thousands of inexperienced investors to…