Stockbroker Misconduct and Investment Fraud Blog

Five Years for LPL Broker Charles Frackell

Five Years for LPL Broker Charles Frackell

A former LPL Financial stockbroker based in North Carolina was recently sentenced to more than five years in prison for running a Ponzi scheme known as “Robin Hood” that netted more than $1.4 million while in operation. LPL Broker Charles...

Verdict for Supreme Court Insider Trading Case

Verdict for Supreme Court Insider Trading Case

The U.S. Supreme Court decided to hear its first insider trading case in nearly two decades, an appeal seeking to clarify different rulings in the 2nd and 9th Circuits over what constitutes an inside trader as well as what is punishable under its...

FINRA Fines, Bans Etter Group Investment Broker

FINRA Fines, Bans Etter Group Investment Broker

The Financial Industry Regulatory Authority (FINRA) has fined a New Jersey-based broker, of the Etter Group, who allegedly treated customers’ money like “casino chips.” Alex Etter, of the Caldwell International Securities affiliated Etter Group...