A National Securities Arbitration & Investment Fraud Law Firm
The Silver Law Group has filed a securities arbitration claim before the Financial Industry Regulatory Authority (“FINRA”) on behalf of a family and a family business from South America alleging, among other things, that Dawson James failed to properly supervise one of its registered representatives, permitted an unsuitable investment strategy…
According to FINRA Disciplinary actions for May 2015, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules: NAME FORMER EMPLOYERS Jinesh Pravin Brahmbhatt Success Trade Securities, Inc. LPL Financial Corporation Patrick Ryan…
Later this summer the Securities and Exchange Commission (SEC) and the Financial Industry National Regulatory Authority (FINRA) will jointly hold a National Compliance Outreach Program for Broker-Dealers. This one-day program is designed for compliance, audit, and risk officers of broker-dealer firms and frequently highlights areas of concern to FINRA. Details…
According to FINRA Disciplinary actions for May 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 Charles Eric…
According to FINRA, Thomas Tedeschi has recently been named in a securities arbitration lawsuit against him and his former employer, Aegis Capital Corp., for making unsuitable investments, unauthorized trades, misrepresentations and excessive trading (churning), among other claims. The assertions against him involve speculative securities that include penny stocks and Exchange…
The Securities and Exchange Commission (“SEC”) halted a microcap scheme in South Florida that included three boiler room stockbrokers trying to conceal the fact that they were barred from the securities industry. The stockbrokers’ investment scheme included the financial exploitation of the elderly, as well as the concealment of their…
According to FINRA Disciplinary actions for March 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 Enver Rahman…
According to FINRA Disciplinary actions for March 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 Charles Eric…
According to FINRA Disciplinary actions for March 2015, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules: NAME FORMER EMPLOYERS Jay Howard Lustig Equibond, Inc. Drake Capital Securities, Inc. Amarjeet Singh …
The Sun Sentinel reports that Richard Ohrn, 44, a former South Florida stockbroker who disappeared while fishing in the Atlantic Ocean last month, has admitted that he staged his disappearance by abandoning the boat and driving to Albany, Georgia. According to the Sun Sentinel, Richard Ohrn was trying to escape…