A National Securities Arbitration & Investment Fraud Law Firm
CEO and President of Woodbridge Group of Companies (“Woodbridge Group”) Robert Shapiro is allegedly invoking his Fifth Amendment right to remain silent after the SEC has made repeated requests for documents from him and Woodbridge Group. The SEC’s Subpoena for Documents Against Woodbridge Group The SEC first launched an investigation…
The New Jersey Bureau of Securities has levied a large fine against LPL Financial LLC, one of the largest independent broker-dealer in the United States. The $950,000 fine also requires LPL to donate $25,000 to the New Jersey state investor education fund. The Bureau of Securities imposed these judgments against…
Allegations of unauthorized trading surround Lyon’s discharge from member firm After 34 years in the securities industry, former Raymond James & Associates broker James Edward Lyons is no longer registered with the Financial Industry Regulatory Authority (FINRA). According to his FINRA BrokerCheck report, Raymond James & Associates discharged Lyons in…
The Edward Jones broker is permanently barred following allegations of accepting gifts from clients, along with using client credit cards In August 2017, the Financial Industry Regulatory Authority (FINRA) indefinitely barred James Vincent Marino from acting as a broker or otherwise associating with firms that sell securities to the public.…
Our attorneys are investigating Matthew C. Griffin and William D. Griffin after the SEC alleged the Griffins made misrepresentations concerning Bartonville, Texas-based Payson Petroluem, Inc. offerings. The SEC Files a Complaint Against Matthew and William Griffin In November 2016, the SEC filed a complaint against the Griffins, who are brothers.…
Our attorneys are investigating Bartonville, Texas-based Payson Petroleum, Inc. and Payson Operating, LLC after the two companies declared bankruptcies, leaving unsecured investors holding over $20 million in losses. Payson Petroleum and Payson Operating Files for Bankruptcy Payson Petroleum and Payson Operating filed for chapter 7 bankruptcy in June 2016. The…
James E Lyons CRD#1020397 Silver Law Group is investigating former Shreveport, LA-based Raymond James broker James E Lyons after a client filed a FINRA complaint alleging unauthorized trading. This complaint alleged damages of $1,200,000 According to FINRA’s BrokerCheck report on Lyons, the complaint was filed in April of 2016 and…
Michael P Mctigue CRD#3031287 Silver Law Group is investigating former Boca Raton, Florida-based Newbridge Securities Corp broker Michael P Mctigue. Following his voluntary resignation from his firm and allegations of churning and excessive trading. According to FINRA’s BrokerCheck report on Mctigue, He resigned from Newbridge Securitas in August of 2017…
Richard S. Botkin CRD# 1571729 Silver Law Group is investigating Former Roseville, California-Morgan Stanley broker Richard S. Botkin after a allegations of outside business activity and illicit private placement investments. According to FINRA’s BrokerCheck report on Botkin, he sought approval from his member firm to participate in an outside business,…
On October 18, a new law went into effect that could be extremely beneficial to older investors. The Elder Abuse Prevention and Prosecution Act is a “multi-pronged approach to prevent elder abuse, protect victims, and prosecute perpetrators of elder abuse crimes.” Immediately put in place are investigation and prosecution requirements…