A National Securities Arbitration & Investment Fraud Law Firm

$70 MILLION Recovery for Investment Fraud
$44 MILLION Recovery for Ponzi Scheme Victims
$25 MILLION Recovery Against National Brokerage Firm
$9.1 MILLION FINRA Arbitration Award Against Brokerage Firm
$7.9 MILLION Securities Arbitration Award Against Stockbroker
$1 MILLION Securities Arbitration Award for Elder Financial Fraud
American Association for Jusice
Florida Legal Elite 2011
Legal Leaders
5th Annual Most Effective Lawyers 2009
Multi-Million Dollar Advocates Forum
Super-Lawyers
SFLG
Top 100
Public Justice

|

According to FINRA Disciplinary actions for March 2021, 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
  Jason Allen   Wells Fargo Clearing Services, LLC
  Morgan Stanley
  Carl Birkelbach   Birkelbach Investment Securities, Inc.

Continue reading ›

|

According to FINRA Disciplinary actions for March 2021, 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 the securities arbitration agreement to arbitrate any disputes between themselves and their former customers:

NAME FORMER EMPLOYERS
  Ryan Callahan   State Farm VP Management Corp
  James Carpenter II   LPL Financial LLC
  Edward Jones
  James Childress   LPL Financial LLC
  Householder Group Financial Advisors, LLC
  Justyn Euan   Wells Fargo Clearing Services, LLC
  Nayely Gamez   Wells Fargo Clearing Services, LLC
  Igor Kislitsa   PFS Investments Inc.
  Hector Mejia   ADP Broker-Dealer, Inc.
  Yonay Perez   Wells Fargo Clearing Services, LLC
  Jorge Pica   Suntrust Robinson Humphrey, Inc.
  Stephens Inc.
  Rodney Repko   Lincoln Financial Advisors Corporation
  Valic Financial Advisors, Inc.
  Michael Swenson   Merrill Lynch, Pierce, Fenner & Smith Incorporated
  Piper Jaffray & Co.

Continue reading ›

|

Mark Hopkins (Mark Lewton Hopkins CRD#: 2653473) is a former registered broker who was registered with American Portfolios Financial Services, Inc. (CRD# 18487) of Grand Blanc, Michigan from 2009 until he was permitted to resign in 2018.  Hopkins worked in the industry since the 1990s. Hopkins also did business under the name Worklife Wealth Management. Hopkins’ BrokerCheck Report, published by the Financial Industry Regulatory Authority (FINRA) contains several recent disclosures, including two customer disputes, a regulatory action initiated by FINRA, as well as a Complaint filed by the United States Securities and Exchange Commission (SEC). Hopkins Was Permitted To Resign From His Position At American Portfolios Financial Services, Inc. Hopkins’ FINRA BrokerCheck Report reveals that in December 2018, Hopkins was permitted to resign amid allegations that he “accepted customers funds for an investment not on the books of the [broker-dealer] without obtaining pre-approval.”Mark Hopkins (Mark Lewton Hopkins CRD#: 2653473) is a former registered broker who was registered with American Portfolios Financial Services, Inc. (CRD# 18487) of Grand Blanc, Michigan from 2009 until he was permitted to resign in 2018.  Hopkins worked in the industry since the 1990s. Hopkins also did business under the name Worklife Wealth Management. Continue reading ›

|

Scott Silver, Silver Law Group’s managing partner, was recently interviewed for an article on Investmentnews.com that details the alleged “hot air” spewed by brokers to sell $1.8 billion of GPB Capital Holdings to investors. Silver Law Group represents investors in claims to recover GPB investment losses. If you have losses from investing in GPB, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at ssilver@silverlaw.com. Founded in 2013 by Scientologist David Gentile, GPB calls itself an alternative asset manager that invested in income-producing companies, including auto dealerships and a waste management company. To raise capital, GPB used dozens of regional broker dealers and advisory firms across the country to sell private placements  in its various funds to investors. Investors in GPB were told by their brokers and financial advisers that they were buying into a company that would pay 8% distributions and may one day go public to give them additional return. GPB Goes Downhill GPB private placements have not performed the way investors believed they would. In 2018, GPB stopped paying distributions to customers. In 2019, the FBI raided the company’s offices, class action lawsuits were filed, and the company reported that the value of its funds was down significantly.Scott Silver, Silver Law Group’s managing partner, was recently interviewed for an article on Investmentnews.com that details the alleged “hot air” spewed by brokers to sell $1.8 billion of GPB Capital Holdings to investors.

Silver Law Group represents investors in claims to recover GPB investment losses. If you have losses from investing in GPB, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at ssilver@silverlaw.com. Continue reading ›

|

In our Silver Law securities arbitration and investment arbitration blogs, we highlight individuals who were caught taking financial advantage of their investment clients. In many cases, the investors are elderly, and sometimes, inexperienced at investing. And in some cases, the brokers and advisors are elderly themselves, caught committing fraud after a successful decades-long career. These individuals should understand what constitutes fraud, particularly against elderly clients. Still, they do it anyway. Many times, these elderly clients do not completely understand the complex investment information they are presented with. Some may be too polite to ask questions or challenge the representative. In other cases, they may be experiencing the beginnings of cognitive decline that isn’t  obvious and hasn’t yet been detected by family or their physician. This lapse in mental acuity can allow a fast-talking broker to convince them of something to which they would otherwise say “no.” The Increasing Elderly Demographic Although California has the largest number of elderly citizens, Florida has the highest percentage of elderly residents in the US. A full 19% of Florida’s population is over 65, and the numbers are increasing. It’s estimated that by 2050, elderly people in the US will top 80 million. Many of these elderly are financially well-off, and some are millionaires. A number of them will pass along their wealth to their children and grandchildren. These sums may be transferred more than once through parentage. So it’s highly likely that these elders can and will be targeted for fraud by any number of people. From distant family members who are suddenly friendly to caretakers, neighbors, brokers and financial advisors, and “new friends,” they all see an elderly person with money as an easy target.  In our Silver Law securities arbitration and investment arbitration blogs, we highlight individuals who were caught taking financial advantage of their investment clients. In many cases, the investors are elderly, and sometimes, inexperienced at investing. And in some cases, the brokers and advisors are elderly themselves, caught committing fraud after a successful decades-long career. These individuals should understand what constitutes fraud, particularly against elderly clients. Still, they do it anyway. Continue reading ›

|

It’s a story we’ve heard repeatedly: an elderly individual has been fleeced out of a large sum of money. In many cases, it was all the money they had, and don’t have a clue on how to get it back. Americans over the age of 65 are 15% of the general population and hold a considerable amount of wealth. Many elders are particularly trusting of people when they shouldn’t be. Because they mistakenly trust someone that took advantage of them, they may be too embarrassed to speak up or press charges. In many cases, the victim is dependent on the abuser for their everyday needs, such as a relative or hired caretaker. Some elders have pensions and investments to pay their expenses, whereas others have on Social Security as their only source of their income. Fraudsters pay no attention to income source or level. In short, the answer is: yes. But that doesn’t mean elder financial fraud is being ignored.It’s a story we’ve heard repeatedly: an elderly individual has been fleeced out of a large sum of money. In many cases, it was all the money they had, and don’t have a clue on how to get it back.

Americans over the age of 65 are 15% of the general population and hold a considerable amount of wealth. Many elders are particularly trusting of people when they shouldn’t be. Continue reading ›

|

The SEC today filed a complaint and a request for jury trial involving claims against Knight Nguyen Investments of Katy, Texas, along with: Christopher Lopez, majority owner and “partner” Forrest Jones, investment advisor and “partner” Jayson Lopez, brother of Christopher and “partner” Although Christopher Lopez is not a registered broker, he was previously registered the SEC and the state of Texas for several years. The complaint alleges that Christopher Lopez and Forrest Jones represented themselves and the firm as experts in “low risk alternative investments.” However, the complaint explains, Chris Lopez had no experience with securities prior to founding Knight Nguyen, nor with the so-called “alternative investments.” Additionally, the investments did not meet the firms’ so-called investment “standards.”The SEC today filed a complaint and a request for jury trial involving claims against Knight Nguyen Investments of Katy, Texas, along with:

  • Christopher Lopez, majority owner and “partner”
  • Forrest Jones, investment advisor and “partner”
  • Jayson Lopez, brother of Christopher and “partner”

Continue reading ›

|

Wunong Net Technology Company Limited, Inc. (WNW) ("Wunong" or the "Company") is being investigated by Silver Law Group regarding potential claims for investors in the company to recover losses. The investigation concerns potential violations of the federal securities laws. If you have losses from investing in Wunong Net Technology Company Limited (WNW) contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at ssilver@silverlaw.com. Wunong received written notification from the NASDAQ Stock Market LLC that because the company failed to file it’s annual report on Form 20F for the year ending on December 31, 2020, it was no longer in compliance with Listing Rule 5250(c)(1) for continued listing. NASDAQ’s rules give the Company 60 calendar days to submit their plan to regain compliance. Should the plan be accepted, NASDAQ will grant the company an extension of up to 180 calendar days from the filing’s due date to regain compliance. In Wunong’s case, this would be November 15, 2021. The company issued a press release announcing the notification from NASDAQ on May 19, 2021. In it, the Company advised its investors that it is “working aggressively to complete its audit,” submit its Form 20-F and regain compliance with NASDAQ’s requirements on or before the deadline. However, after the press release, Wunong’s stock price fell sharply during trading on May 20, 2021. Just two months before, trading of Wunong’s stock increased around 27% after social media talk about the company, similar to the recent increases for Gamestock and AMC Theaters on Reddit. However, this may be investors looking for a repeat of these anomalies.Wunong Net Technology Company Limited, Inc. (WNW) (“Wunong” or the “Company”) is being investigated by Silver Law Group regarding potential claims for investors in the company to recover losses. The investigation concerns potential violations of the federal securities laws.

If you have losses from investing in Wunong Net Technology Company Limited (WNW) contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at ssilver@silverlaw.com. Continue reading ›

Contact Information
Main Office
11780 W Sample Rd
Coral Springs, FL 33065
Phone: (954) 755-4799Fax: (954) 755-4684
New York Office
229 W 36th St 8th Floor
New York, NY 10018
Phone: (212) 377-5227
Florida Office
4755 Technology Way #205
Boca Raton, FL 33431
Phone: (561) 665-8613
ATTORNEY ADVERTISING

Visit our Florida Securities Whistleblower Website

We serve clients nationwide including, but not limited to, those in the following localities: Atlanta, Baltimore, Boston, Chicago, Dallas–Fort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, Tampa–St. Petersburg, and Washington, D.C. View More

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2025, Silver Law Group
JUSTIA Law Firm Blog Design