A National Securities Arbitration & Investment Fraud Law Firm

$70 MILLION Recovery for Investment Fraud
$44 MILLION Recovery for Ponzi Scheme Victims
$25 MILLION Recovery Against National Brokerage Firm
$9.1 MILLION FINRA Arbitration Award Against Brokerage Firm
$7.9 MILLION Securities Arbitration Award Against Stockbroker
$1 MILLION Securities Arbitration Award for Elder Financial Fraud
American Association for Jusice
Florida Legal Elite 2011
Legal Leaders
5th Annual Most Effective Lawyers 2009
Multi-Million Dollar Advocates Forum
Super-Lawyers
SFLG
Top 100
Public Justice

|

Silver Law Group represents and has filed arbitration claims against financial advisors on behalf of investors who purchased investments issued by Northstar Financial Services (Bermuda) Ltd. These products include, but are not limited to: Global Interest Accumulator Global Advantage Plus Series Global Advantage Select Global VIP Elite Global Index Product These investments are the subject of a Joint Provisional Liquidation (similar to bankruptcy) in Bermuda, which will likely result in investors losing a substantial portion of their investment. Silver Law Group represents Northstar investors and continues to investigate and file securities arbitration claims against the brokerage firms and financial advisors that sold these products. Among other things, these firms are obligated to conduct due diligence and monitor the investments they recommend, to ensure that Northstar was appropriate for each investor’s specific financial situation and needs, and to diversify investors’ portfolios so as not to subject them to outsized risk in one offshore, risky investment product such as Northstar Financial Services (Bermuda) Ltd.Silver Law Group represents and has filed arbitration claims against financial advisors on behalf of investors who purchased investments issued by Northstar Financial Services (Bermuda) Ltd. These products include, but are not limited to:

  • Global Interest Accumulator
  • Global Advantage Plus Series
  • Global Advantage Select
  • Global VIP Elite
  • Global Index Product

Continue reading ›

|

We’ve discussed the risks of margin calls in previous blog posts. Many investors go into an arrangement for margin calls without completely understanding what they’re getting themselves into, only to discover they’ve lost money. While financial advisors frequently fail to properly explain the cost of buying on margin, wall street makes massive profits off of these loans. In a recent investor bulletin, the SEC discussed interest on margin loans for investors who use them. How Margin Works A margin account can potentially increase the amount that an investor can use to purchase securities, with the potential for increased returns or bigger losses. If the price of the security you purchased on margin decreases, you could lose more than you invested. You’ll then be required to put money into your account to cover the losses, known as a “margin call,” or your broker may just sell the securities to cover the losses. That’s why purchasing on margin is a much riskier form of investment.  We’ve discussed the risks of margin calls in previous blog posts. Many investors go into an arrangement for margin calls without completely understanding what they’re getting themselves into, only to discover they’ve lost money. While financial advisors frequently fail to properly explain the cost of buying on margin, wall street makes massive profits off of these loans. Continue reading ›

|

FINRA recently issued a public warning about stocks and investments being promulgated through cold calling from boiler rooms. The callers engage in high-pressure tactics to get unsuspecting investors to open their wallets.Silver Law Group is a leading securities and financial fraud law firm which represents investors who have been defrauded in the stock market. Although new schemes are always popping up, traditional boiler rooms pumping worthless stock or churning customer accounts remain prevalent. Our securities fraud attorneys represent investors who have been victimized by cold calling salesman who convince investors, frequently seniors, to invest retirement funds and other money in fraudulent investments. Continue reading ›

|

Boca Raton, FL-based National Securities Corporation has received a fine of $663,000 after FINRA found that it deceived investors from December 2017 through January 2018. At issue is the price of shares offered in a private placement. National Securities will pay $300,000 in fines and the rest in disgorgement, plus interest. National Securities identified companies that were likely to become publicly traded in the future through its affiliated investment adviser, National Asset Management. By identifying companies that were the subject of discussion in the financial press and finding shareholders willing to sell their interests, they were able to make private placement offerings of these companies before their anticipated initial public offering (IPO). Once approved by National Securities, the firm’s representatives would begin marketing and selling these interests to their customers.  But in this case, National Securities claimed to have two sources for these shares, but only had one. The shares at the disclosed price were only available during the first offering. The firm continued to market and sell these shares for the second offering even though they had no shares at that price. According to the complaint, the firm claimed that the interest would be in this private company and the shares would cost no more than $9.75 each. Unfortunately, the firm was unable to locate any shares for that price. Later, the firm purchased these shares at a price that was double what they listed in the offering, which “contravened Section 17(a)(3) of the Securities Act of 1933,” and violated FINRA rule 2010.Boca Raton, FL-based National Securities Corporation has received a fine of $663,000 after FINRA found that it deceived investors from December 2017 through January 2018. At issue is the price of shares offered in a private placement. National Securities will pay $300,000 in fines and the rest in disgorgement, plus interest. Continue reading ›

|

Sources say that GWG Holdings is preparing to file Chapter 11 bankruptcy, which would likely lead GWG L Bonds investors to suffer a significant loss of their principal. Silver Law Group currently represents GWG L Bonds investors in claims against the selling brokerage firm, and may be able to help you recover your L Bond losses. Please contact us at 800-975-4345 for a no-cost, confidential consultation. GWG Holdings Inc. (GWGH) is a Texas-based alternative asset manager that sold $1.6 billion of L Bonds, which are bonds from a life insurance company that buys the policy back from the policyholder. GWG used regional broker-dealers and advisory firms around the country, such as Emerson Equity, to sell their L Bonds.Sources say that GWG Holdings is preparing to file Chapter 11 bankruptcy, which would likely lead GWG L Bonds investors to suffer a significant loss of their principal.

Silver Law Group currently represents GWG L Bonds investors in claims against the selling brokerage firm, and may be able to help you recover your L Bond losses. Please contact us at 800-975-4345 for a no-cost, confidential consultation. Continue reading ›

|

The Massachusetts Securities Division recently levied $1 million in fines against U.S. Data Mining Group (DMG) for allegedly conducting unregistered securities offerings. The Division, in its complaint, alleged that the bitcoin mining company failed to register its stock while fundraising. DMG also failed to notify investors that two of the company’s promoters had previously violated US federal securities laws during their Series A fundraising, which raised nearly $25 million in March of 2021. DMG also failed to register this offering with the state’s Securities Division, even though they raised $3.5 million from Massachusetts residents. DMG knew since at least 12/4/2020 that registrations exemptions for conducting offerings was not an option, according to the regulator. In fact, the company clearly stated this in their promissory notes issued at that time, because of the past histories of some of the promoters, according to the consent order.The Massachusetts Securities Division recently levied $1 million in fines against U.S. Data Mining Group (DMG) for allegedly conducting unregistered securities offerings. The Division, in its complaint, alleged that the bitcoin mining company failed to register its stock while fundraising. DMG also failed to notify investors that two of the company’s promoters had previously violated US federal securities laws during their Series A fundraising, which raised nearly $25 million in March of 2021. Continue reading ›

|

Joseph Audia (Joseph Scott Audia CRD# 2909761) is a registered broker currently employed with VCS Venture Securities (CRD#: 127921) of Hauppauge, NY. His previous employers include Joseph Stone Capital (CRD#: 159744), First Midwest Securities, Inc. (CRD#:21786), and American Capital Partners, LLC (CRD#:119249), also of Hauppauge. He has been in the industry since 1997. FINRA recently sanctioned Audia after allegations that he failed to supervise a representative in his division while employed with Joseph Stone Capital. The representative continually churned and excessively traded in a specific customer’s account. The Acceptance, Waiver & Consent (AWC) letter detailed the allegations. During his tenure as branch manager, Joseph Audia received daily trading blotters. He failed to review these blotters, as well as failed to review and investigate instances of excessive trading by one representative. Audia also failed to enforce restrictions placed on the representative after the firm discovered the excessive trading. Two examples of this failure were detailed in the AWC:Joseph Audia (Joseph Scott Audia CRD# 2909761) is a registered broker currently employed with VCS Venture Securities (CRD#: 127921) of Hauppauge, NY. His previous employers include Joseph Stone Capital (CRD#: 159744), First Midwest Securities, Inc. (CRD#:21786), and American Capital Partners, LLC (CRD#:119249), also of Hauppauge. He has been in the industry since 1997. Continue reading ›

|

David Khezri (CRD# 2736831) is a previously registered broker whose last employer was Network 1 Financial Securities Inc. (CRD#:13577) of Hauppauge, NY. His previous employers include Worden Capital Management LLC (CRD#:148366) of Melville, NY, Joseph Stone Capital L.L.C. (CRD#:159744) and Cape Securities Inc. (CRD#:7072), both of Holbrook NY. Currently, Khezri is neither registered nor associated with any FINRA member firm. Five of Khezri’s former employers have been expelled by FINRA: EKN Financial Services Inc. (CRD#:113525), Melville, NY, expelled on 10/12/2012 com Corp (CRD#:18281), Farmingville, NY, expelled on 8/19/2010 Seaboard Securities, Inc. (CRD#:755) of Florham Park, NJ, expelled on 2/11/2011 J. Meyers & Co., Inc. (CRD#:15609) of Rochester, NY, expelled on 03/01/1999 Investors Associates, Inc. (CRD#:958) of Hackensack, NJ, expelled on 05/14/1998 He has been in the industry since 1996. David Khezri has a customer dispute disclosure in his CRD dated 3/15/2021, alleging unsuitable excessive trading and churning, as well as common law fraud, breach of contract, and other misconduct. The client has requested damages of $187,000. This claim is currently pending.David Khezri (CRD# 2736831) is a previously registered broker whose last employer was Network 1 Financial Securities Inc. (CRD#:13577) of Hauppauge, NY. His previous employers include Worden Capital Management LLC (CRD#:148366) of Melville, NY, Joseph Stone Capital L.L.C. (CRD#:159744) and Cape Securities Inc. (CRD#:7072), both of Holbrook NY. Currently, Khezri is neither registered nor associated with any FINRA member firm. Continue reading ›

|

Anthony Graziano (Anthony Joseph Graziano CRD# 2862096) is a broker currently registered with Joseph Stone Capital L.L.C. (CRD# 159744) of New York, NY. His previous employers include National Securities Corporation (CRD#:7569) of Westbury, NY, Brookstone Securities, Inc. (CRD#:13366, expelled by FINRA 10/9/2012) of Garden City, NY, and Salomon Whitney LLC (CRD#:145012) of Babylon Village, NY.  He has been in the industry since 1997.Anthony Graziano (Anthony Joseph Graziano CRD# 2862096) is a broker currently registered with Joseph Stone Capital L.L.C. (CRD# 159744) of New York, NY. His previous employers include National Securities Corporation (CRD#:7569) of Westbury, NY, Brookstone Securities, Inc. (CRD#:13366, expelled by FINRA 10/9/2012) of Garden City, NY, and Salomon Whitney LLC (CRD#:145012) of Babylon Village, NY. He has been in the industry since 1997. Continue reading ›

Contact Information
Main Office
11780 W Sample Rd
Coral Springs, FL 33065
Phone: (954) 755-4799Fax: (954) 755-4684
New York Office
229 W 36th St 8th Floor
New York, NY 10018
Phone: (212) 377-5227
Florida Office
4755 Technology Way #205
Boca Raton, FL 33431
Phone: (561) 665-8613
ATTORNEY ADVERTISING

Visit our Florida Securities Whistleblower Website

We serve clients nationwide including, but not limited to, those in the following localities: Atlanta, Baltimore, Boston, Chicago, Dallas–Fort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, Tampa–St. Petersburg, and Washington, D.C. View More

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2025, Silver Law Group
JUSTIA Law Firm Blog Design