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 November 12, 2019, Scott Silver of the Silver Law Group and co-counsel filed a lawsuit in the Northern District of Florida against Phillip Timothy Howard (Tim Howard), a Tallahassee, Florida attorney and investment fund manager, based on claims that Howard defrauded an investor of more than a half-million dollars as part of a real estate fraud scheme.
The suit alleges (1) violation of the federal civil Racketeer Influenced and Corrupt Organizations Act (RICO); (2) fraud in the inducement; (3) breach of fiduciary duty; (4) negligent misrepresentation; and (5) unjust enrichment. 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 ›
Silver Law Group, a nationally-recognized class action law firm representing investors, is investigating Lipocine (LPCN), a publicly-traded specialty pharmaceutical company, on behalf of shareholders of the company’s stock.
The investigation concerns whether Lipocine gave misleading information to the public and violated federal securities laws. 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 suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:
|
NAME |
FORMER EMPLOYERS |
| Patrick Auckland | TIAA-VREF Individual & Institutional Services |
| Morgan Stanley | |
| Matthew DiNinno | Morgan Stanley |
| Merrill Lynch, Pierce, Fenner & Smith | |
| Nicholas Diesso | Ameriprise Financial Services |
| Ameriprise Advisor Services | |
| Roger Faubel | Chelsea Financial Services |
| National Securities Corp | |
| Keir Harner | Securities America |
| Waddell & Reed | |
| Heath Harris | Citigroup Global Markets Inc |
| Wells Fargo Clearing Services | |
| Ross Jordan | BBVA Securities |
| Morgan Stanley | |
| Charles LaMarca | Benjamin & Jerold Brokerage |
| Meridian Equity Partners | |
| Ernest Romer III | Corecap Investments, Inc |
| L.M. Kohn & Company | |
| Christopher Sanford | Natwest Markets Securities |
| Amherst Pierpont | |
| Matthew Siliato | Wynston Hill Capital |
| Spartan Capital Securities |
Securities Arbitration Lawyers Blog