April 2016- Orangeburg, NY The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and…
read moreOctober 19, 2015 Former Coastal Equities broker Michael Donnelly of Lecanto, Florida, admitting defrauding his clients and to disgorge over $2.2 million. In addition he consented to an SEC order…
read moreUPDATE ON CHARLES FACKRELL-December 2016-Charles Fackrell, 37, of Booneville, N. Carolina was sentenced to 63 months in jail according to the U.S. Attorney’s Office for operating a $1.4 million Ponzi…
read moreWe are investigating options for investors who may have suffered losses as a result of investing in Vertical Fund private placement investments, including the following: Vertical US Recovery Fund Vertical…
read moreMarch 2, 2016-Texarkana, Texas The US Attorney’s Office announced the indictment of eleven individuals on federal charges including conspiracy to commit an offense and to defraud the U.S. government. The…
read moreMarch 21, 2016-Atlanta, GA Attorney Bennett L. Kight, 75, was indicted on federal charges of mail fraud and accused of misappropriating $2 million from an elderly client while he was acting…
read moreMarch 2016 According to FINRA records, Citadel Securities has a number of regulatory sanctions over the recent years, including the following: October 2015 FINRA Sanction- The firm used a trading logic that…
read moreUPDATE MARCH 2017– Thomas Schober, formerly a broker with SII Investments discloses a pending customer dispute and two prior customer disputes that have been resolved. All of the disputes relate…
read moreSarasota, Florida Rex Securities Law is investigating former VSR Financial Services broker Gary D. Moore in connection with the sale of limited partnerships, promissory notes and real estate securities during the time he was employed…
read moreMarch 8, 2016- Greenville, South Carolina The United States Attorney’s Office for District of South Carolina announced that Claus C. Foerster, 55, of Spartanburg, South Carolina was indicted by a…
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