A National Securities Arbitration & Investment Fraud Law Firm
According to FINRA Disciplinary actions for March 2015, 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 Charles Eric…
According to FINRA Disciplinary actions for March 2015, the following individuals were barred 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 Enver Rahman…
Recently, a U.S. District Court judge ruled that three class action lawsuits against Seadrill Ltd. will be consolidated. Seadrill is an offshore drilling contractor based in Bermuda. The lawsuits arose after the company announced a suspension of its annual $4-per-share dividend in November, which caused an immediate and significant drop…
Oppenheimer and Co. is an investment bank and full-service investment firm offering financial advisory services, capital market services, wealth management, investment banking, and related products and services worldwide. In late January, the Securities and Exchange Commission (SEC) charged Oppenheimer and Co. with violating federal securities laws by improperly selling penny…
SunTrust Investment Services, Inc. submitted an AWC in which the firm was censured and fined $80,000. SunTrust consented to the sanctions, without admitting liability, and to the entry of findings that it failed to establish a supervisory system reasonably designed to monitor the proper assessment of fees charged to certain…
Dialing for dollars has always been a popular method for young stockbrokers to solicit new customers. Although cold calling has been dramatized in movies such as Glen Gary Glenn Ross and the Wolf of Wall Street, it still apparently also serves major global financial institutions as a successful marketing tool. …
Donald Ray Babb and Ralph Ruth each face a maximum 20 years in federal prison after pleading guilty to operating a $20 million dollar Ponzi scheme. The scheme lasted from June 2006 through the end of 2013 primarily targeting older investors including several government workers costing many investors their life…
Boca Raton, Florida – October 23, 2014 (GLOBE NEWSWIRE) Silver Law Group (www.silverlaw.com) is pursing claims against multiple Bitcoin exchanges for allegedly buying and selling cryptocurrencies using false and misleading claims of easy profits, high returns, and little risk. While The Wall Street Journal recently proclaimed that it was time…