Securities Arbitration Lawyers Blog

According to FINRA Disciplinary actions for April 2025, 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. However, these individuals remain bound by…

If you invested in the 352 Capital Fund through Jefferies Financial Group Inc., contact Silver Law Group for a no-cost consultation at 800-975-4353 to discuss your potential options. The U.S. Securities and Exchange Commission has filed indictments for fraud against two individuals over a fraudulent franchise scheme involving water purification…

Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the “352 Fund”), which is a hedge fund that was part of Jefferies Financial Group’s Leucadia Asset Management (“Leucadia”). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly…

Silver Law Group, along with co-counsel, filed a class action lawsuit against Jerry Hostetter, Buck Joffrey, Randall Leaman, and David Zook on behalf of investors to recover losses in what the Plaintiff alleges was a “$700,000,000 Ponzi scheme perpetrated by and through a series of investment funds, called the ‘Prestige…

Silver Law Group seeks to speak to investors in the Easterly ROCMuni High Income Municipal Bond Fund (RMHIX), which has recently declined in value by about half. Our firm may be able to help you recover your losses. If you bought or acquired shares of Easterly ROCMuni High Income Municipal…

Silver Law Group is investigating potential claims to recover losses for Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) investors. The fund has lost over 50% of its value in 2025, sustaining the majority of losses in the past few months. According to Easterly’s website, the fund employs “a tax-efficient,…

Stewart Ginn (a/k/a Stewart Taylor or Paxton Ginn Jr.), who is the owner of Paxton Financial Services, has been a broker Independent Financial Group, LLC since 2015. In 2023 Ginn was suspended by FINRA after FINRA found that Ginn “excessively traded five customers’ accounts” even though “[n]one of the five…

Silver Law Group founder and managing partner Scott Silver recently commented on a case in which a former Wells Fargo customer requested to have an arbitration decision overturned because he felt that he was “improperly induced” into signing a release agreement prior to seeking arbitration. “This case highlights the way…

Sean Righter (CRD# 5419832) is a previously registered broker and currently registered investment advisor. His last known employer was Morgan Stanley (CRD# 149777) of Irvine, CA. Prior to Morgan Stanley, Righter was employed with Citigroup Global Markets Inc. (CRD# 7059) of Laguna Nigel, CA. He has been in the industry…

Charles Weldon (Charles Raymond Weldon, CRD# 1030659, aka “C. Raymond Weldon”) is a currently registered broker and investment advisor currently employed with Independent Financial Group, LLC (CRD# 7717) of Boca Raton, Fl, and as an investment advisor with Weldon & Company (CRD# 129099), also of Boca Raton. His previous employers include…