{"id":2768,"date":"2016-04-27T00:00:00","date_gmt":"2016-04-27T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/"},"modified":"2018-10-08T12:39:26","modified_gmt":"2018-10-08T16:39:26","slug":"silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/","title":{"rendered":"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm"},"content":{"rendered":"<\/p>\n

Pursuant to a civil action brought by an aggrieved investor against OM Investment Management (\u201cOMIM\u201d), an investment adviser, and its managing member Gignesh Movalia (\u201cMovalia\u201d) in Miami-Dade County, Florida, the Court appointed a Corporate Monitor<\/a> to \u201cdiscover, marshal and preserve funds and assets derived from investors.\u201d\u00a0 In turn, the Corporate Monitor has retained<\/a> Silver Law Group to pursue claims against a large national broker-dealer and clearing firm that allegedly provided the platform for Movalia and his company OMIM to perpetrate a Ponzi scheme<\/a>.<\/p>\n

Silver Law Group recently filed a FINRA arbitration against a large national broker-dealer and clearing firm (collectively the \u201cRespondents\u201d) seeking over $1 million dollars in damages.\u00a0 The arbitration claim alleges that the Respondents permitted Movalia, who has been criminally convicted of securities and investment fraud<\/a>, and OMIM to cloak their activities with an air of legitimacy by aligning themselves with and using the name and reputation of the Respondents to attract investors.\u00a0 The arbitration claims that Respondents failed to act on red flags concerning the misconduct of Movalia and OMIM and that the Respondents also failed to alert individual clients of Respondents of what they had uncovered as a result of a customer complaint.\u00a0 Specifically, after receiving the customer complaint, the Respondents investigated the situation and decided to cancel their relationship with Movalia and OMIM. However, at no time did Respondents alert its customers of the concerns which permitted the fraud to go unabated until the appointment of the Corporate Monitor.<\/p>\n

Silver Law Group<\/a> has been retained by receivers and corporate monitors to assist in the recovery of losses due to investment fraud<\/a> or Ponzi schemes.\u00a0 Silver Law Group continues to represent the interests of investors who have been the victims of investment fraud or Ponzi schemes.\u00a0 If you have questions about your legal rights pertaining to your investments or believe you have been a victim of fraud, please contact<\/a> the attorneys of the Silver Law Group for a free consultation toll free at (855) 755-4799 or ssilver@silverlaw.com<\/a>.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Pursuant to a civil action brought by an aggrieved investor against OM Investment Management (\u201cOMIM\u201d), an investment adviser, and its managing member Gignesh Movalia (\u201cMovalia\u201d) in Miami-Dade County, Florida, the Court appointed a Corporate Monitor to \u201cdiscover, marshal and preserve funds and assets derived from investors.\u201d\u00a0 In turn, the Corporate Monitor has retained Silver Law […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[593],"tags":[],"class_list":["post-2768","post","type-post","status-publish","format-standard","hentry","category-ponzi-schemes"],"yoast_head":"\nSilver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm — Securities Arbitration Lawyers Blog — April 27, 2016<\/title>\n<meta name=\"description\" content=\"If you believe you have been the victim of investment fraud, contact the experienced attorneys at Silver Law Group to discuss your options.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm — Securities Arbitration Lawyers Blog — April 27, 2016\" \/>\n<meta name=\"twitter:description\" content=\"If you believe you have been the victim of investment fraud, contact the experienced attorneys at Silver Law Group to discuss your options.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm — Securities Arbitration Lawyers Blog — April 27, 2016","description":"If you believe you have been the victim of investment fraud, contact the experienced attorneys at Silver Law Group to discuss your options.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/","twitter_card":"summary_large_image","twitter_title":"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm — Securities Arbitration Lawyers Blog — April 27, 2016","twitter_description":"If you believe you have been the victim of investment fraud, contact the experienced attorneys at Silver Law Group to discuss your options.","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/","url":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/","name":"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm — Securities Arbitration Lawyers Blog — April 27, 2016","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"datePublished":"2016-04-27T04:00:00+00:00","dateModified":"2018-10-08T16:39:26+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"If you believe you have been the victim of investment fraud, contact the experienced attorneys at Silver Law Group to discuss your options.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-retained-court-appointed-corporate-monitor-pursue-claims-large-broker-dealer-clearing-firm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Silver Law Group Retained by a Court Appointed Corporate Monitor to Pursue Claims Against a Large Broker-Dealer and Clearing Firm"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=2768"}],"version-history":[{"count":1,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2768\/revisions"}],"predecessor-version":[{"id":7058,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2768\/revisions\/7058"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=2768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=2768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=2768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}