Securities Arbitration Lawyers BlogFormer New York-based Joseph Stone Capital Broker Under Investigation After Montana Sanctions Over Excessive and Unauthorized Trading
Silver Law Group is investigating former New York-based Joseph Stone Capital L.L.C. (CRD# 159744) broker David G. Menashe (CRD# 5727269) after the State of Montana sanctioned him for excessive and unauthorized trading.
Menashe’s CRD Report and the Montana Regulatory Decision
According to Menashe’s FINRA BrokerCheck report, the Office of the Commissioner of Securities and Insurance for Montana sanctioned both Joseph Stone and Menashe. According to the Montana Order, Montana required Joseph Stone to pay $30,000 in restitution with Menashe contributing half of that amount.