Current Broker Fraud Investigations
NY J.P. Morgan Securities Broker Michael Fang Suspended and Fined by FINRA
According to FINRA’s Disciplinary and Other FINRA Actions publication, FINRA issued a suspension and fine against Michael Fang (CRD# 5653787) of J.P. Morgan Securities, LLC (CRD# 79). FINRA alleged that between May 2015 and August 2015, and while associated with J.P. Morgan Securities, Fang en ...
Read MoreBoca Raton Florida Broker Steven Colacurcio of Dawson James Broker Fined and Suspended by FINRA
According to FINRA’s Disciplinary and Other FINRA Actions publication, from July 2013 through January 2014 broker Steven Colacurcio (CRD# 1717483) of Boca Raton Florida was fined and suspended by FINRA as a result of allegations that he exercised discretionary power in a customer’s accou ...
Read MoreHanley Law Investigating Claims Involving Bruce Albert Slater and Transamerica Financial Advisors
Hanley Law is currently investigating claims against Transamerica Financial Advisors, Inc. (CRD# 16164) regarding Bruce Albert Slater (CRD# 1547792) and Ridgewood Energy. The Law Offices of Hanley Law recently filed a FINRA Arbitration claim on behalf of seven (7) investors in w ...
Read MoreOhio Broker Thomas Brenner Jr. Fined and Suspended by FINRA and Ordered to Disgorge Commissions
According to FINRA’s Disciplinary and Other FINRA Actions publication, Thomas Edward Brenner Jr. (CRD #1489233) of Orrville, Ohio submitted to an Acceptance, Waiver & Consent (“AWC”) with FINRA in which he was assessed a fine of $30,000, suspended from association with any FINRA member in ...
Read MoreCurrent Securities Fraud Investigations
SEC Charges Aequitas Management with Defrauding Investors
The Securities and Exchange Commission recently announced that it charged an Oregon-based investment group and three top executives with hiding the rapidly deteriorating financial condition of its enterprise while raising more than $350 million from investors. Aequitas Management LLC and four affil ...
Read MoreSEC Charges Wells Fargo With Fraud in 38 Studios Bond Offering
The Securities and Exchange Commission recently announced that it had charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic Development Corporat ...
Read MoreFutures Fraud and How To Avoid It
What is Futures Trading? Futures trading is a formal agreement between parties to buy or sell a particular commodity at a certain price and at a specific point in time. The trading can be done with a number of different commodities: precious metals (i.e., silver or gold), petroleum products (i.e., c ...
Read MoreWhat is Securities Arbitration?
Securities Arbitration is the process, which takes place following a dispute with a broker or dealer. Prior to arbitration, the investor has determined that the broker engaged in some form of wrongdoing, or otherwise negligent action that resulted in a loss. Depending on the amount of the claim, the ...
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