A National Securities Arbitration & Investment Fraud Law Firm
When the coronavirus sent Americans home, many people began investigating new projects, new hobbies and opportunities. You may know someone who has learned old-fashioned skills like gourmet cooking, quilting, sewing or other crafts, or taken up a new fitness routine. Others decide to learn new skills or improve the ones…
Back in October, we told you about charges filed by the SEC against Florida businessman Barry Honig in a microcap stock manipulation scheme that netted Honig and his associates $27 million in fraudulent funds. One of those associates, Dr. Philip Frost, has agreed to a proposed settlement with the SEC…
The SEC has brought additional charges against a Long-Island, New York-based boiler room that was sued for defrauding elderly and unsophisticated investors. The latest charges allege that Christian Romandetti, CEO of First Choice Healthcare Solutions Inc., the boiler room, and four others have committed fraud within the company’s shares and…
Home growers of medical marijuana will find no shortage of gardening supplies available made just for their crops. Our marijuana litigators are seeing many bogus suppliers. One company that supplies equipment and supplies for the home grower is GrowLife, (PHOT) headquartered in Kirkland, Washington. With stores in Encino, CA, Portland,…
There are many different types of investment and securities fraud scams designed to bilk investors out of millions of dollars. Sometimes even billions. As was the case of one of the world’s most famous Ponzi schemers, Bernie Madoff, who is spending the rest of his life in prison. Attorney Scott…
South Florida businessman Barry Honig of Boca Raton is one of several people named by the SEC in a microcap stock fraud indictment involving manipulation of stock values of three companies. Using a “classic pump-and-dump” technique, the SEC alleges, Honig and others increased the companies’ stock values and dumped them.…
A pump and dump scheme is a method used by fraudsters to artificially boost the price of a security that they own shares of in order to make a profit. According to the Securities & Exchange Commission, pump and dump schemes consist of two parts. First, stock promoters will try…