The U.S. Securities and Exchange Commission has alleged that foreign investors lost a total of $21 million in a Florida EB-5 hotel scam in Palm Beach, Florida. According to the regulator, Robert V. Matthews and Joseph J. Walsh Sr., and their...
Stockbroker Misconduct and Investment Fraud Blog
Eight independent broker-dealers have been ordered by the Financial Industry Regulatory Authority to pay a combined $8.7 million in fines and restitution for unsuitable annuity sales. The actions allege that all eight broker-dealers failing...
The SEC has ordered fund manager Ronald A. Fossum Jr. to pay $1.3M as in a suit accusing him of using investor money for personal expenses.
FINRA and one state agency have taken disciplinary action against two brokers and an adviser who sold Woodbridge promissory notes.
The former head of Waters Club Holdings, a membership-based yacht-sharing company, has been sentenced to 18 months in prison for lying to investors.
Dimond Kaplan & Rothstein, P.A. partner Michelle Suskauer, who also is the current President of the Florida Bar, has been named as a “Fastcase 50” honoree.