A National Securities Arbitration & Investment Fraud Law Firm
James Anderson (CRD# 4803514) is a now-barred broker formerly with Ameritas Investment Corp. (CRD# 14869. Anderson was a registered representative of Ameritas from 2004 to February, 2019, and has worked at their branch offices in Dakota Dunes, South Dakota, West Des Moines, Iowa, and Lincoln, Nebraska. Anderson also did business as Central Financial Group. Continue reading ›
On Thursday, November 7, 2019, Scott Silver, managing partner of Silver Law Group, and Jay Berkowitz, CEO and founder of marketing agency Ten Golden Rules, delivered a presentation to members of the South Florida Interactive Marketers Association (SFIMA).
Founded in 2004, SFIMA is an all-volunteer organization that promotes education, networking, and professional growth opportunities for marketers in southeast Florida. SFIMA holds monthly educational and networking events with an industry speaker. Continue reading ›
GPB Capital Holdings, the troubled alternative asset management firm that’s being investigated by the FBI, SEC, and others, and is accused of operating like a Ponzi scheme, allegedly has significant ties to the Church of Scientology.
Scientology is a system of religious beliefs and practices created by American science fiction writer L. Ron Hubbard in 1952. The religion has had many controversies over the years, including “Operation Snow White” in the 1970s, in which up to 5,000 agents infiltrated US government agencies to remove unfavorable evidence about Scientology and L. Ron Hubbard. Continue reading ›
Scott Silver, managing partner of Silver Law Group, delivered a presentation on variable annuity fraud at the 28th PIABA annual meeting in Austin, Texas.
Variable deferred annuities are a hybrid investment that contains features of a security and insurance. According to FINRA, “Due to the complexity and confusion surrounding them, which can lead to questionable sales practices, variable annuities are a leading source of investor complaints to FINRA.” Continue reading ›
About James Flynn Before being permanently barred by FINRA, James Flynn of Greenville, South Carolina, was a broker who caused serious damage to many clients. Flynn’s publicly available FINRA BrokerCheck report shows an astounding 40 disclosures, including bankruptcy, tax liens, employment separations, and customer disputes alleging false and misleading representations and unsuitable investment recommendations. Continue reading ›
Silver Law Group continues to file GPB securities arbitration claims.
GPB Capital Holding’s Chief Compliance Officer and Managing Director, former Securities and Exchange Commission (SEC) examiner Michael S. Cohn, was indicted on October 23, 2019, on charges of obstruction of justice, unauthorized computer access, and unauthorized disclosure of confidential information. Continue reading ›
According to FINRA Disciplinary actions for August 2019, 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 |
| Sandra Acree | Fidelity Brokerage Services |
| Andrew Baker | Suntrust Investment Services |
| Wells Fargo Advisors | |
| William Cannon | Lifemark Securities Corp |
| Fortune Financial Services | |
| Patrick Devaney II | Financial West Group |
| Sanford Roberts, Inc | |
| James D’Meo | Kenneth Jerome & Co |
| Equity Services, Inc | |
| David Drees | American Financial Services |
| Clinton Dunbar | Union Capital Company |
| IFS Securities | |
| George Edwards | Edward Jones |
| Cetera Investment Services | |
| Charles Frank | NYLife Securities |
| MWA Financial Services | |
| Jack Lowrey Jr. | Ameriprise Financial Services |
| NBC Securities | |
| Jeffrey Lundstrom | Signator Investors, Inc |
| Transamerica Financial Advisors | |
| Uriah Mitchell | JP Morgan Securities |
| Raymond Montchal | Morgan Stanley |
| Citigroup Global Markets | |
| Robert Neuedorf | David Lerner Associates |
| Merrill Lynch, Pierce, Fenner & Smith |
According to FINRA Disciplinary actions for August 2019, 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 |
| Carolyn Andrews | UBS Financial Services |
| Morgan Keegan & Company | |
| Meiewyn Avent | Alliance-One Investments |
| Metlife Investors Distribution Co | |
| Robert Corley | Fidelity Brokerage Services |
| Redstone Securities | |
| Jennifer Margaret | |
| Francisco Garcia | Park Avenue Securities |
| EQ Financial Consultants | |
| Sparkle Griffen | UBS Financial Services |
| Merrill Lynch, Pierce, Fenner & Smith | |
| Robert High II | First National Equity Corp |
| Chase Investment Services | |
| Richard LaBare | Union Capital Company |
| Morgan Stanley & Co Inc | |
| Arnold Mariampolski | AXA Advisors |
| Robert Powers | Emerging Growth Equities |
| Roth Capital Partners | |
| Brandon Yasso | JP Morgan Securities |
Two investors in GPB Capital Holdings have filed a class action lawsuit against the troubled company.
The complaint, filed in Manhattan federal court, alleges that GPB breached its fiduciary by failing to give investors its annual audited financial statements.
This lawsuit is just the latest problem for GPB, which was recently sued by one of its partners, who accused the company of operating like a Ponzi scheme. The company is also the subject of investigations by the FBI, SEC, FINRA, and New York’s Business Integrity Commission. Continue reading ›
Silver Law Group continues to file FINRA arbitration claims on behalf of clients against Voya Financial Advisors regarding its former employee James Flynn (CRD# 3082615) of Greenville, South Carolina.
The claims requests compensatory damages for our clients and allege that Voya failed to supervise Flynn’s conduct while he was working for them. Continue reading ›
Securities Arbitration Lawyers Blog