Matthew Piercey, a California investment firm leader, tried to flee while facing criminal charges for supposedly operating a $35 million Ponzi scheme. According to the FBI, Mr. Piercey allegedly evaded authorities for about an hour by...
The Fraud Report: Los Angeles Securities and Investment Fraud Blog
Law firms DLA Piper and Fox Rothschild LLP have been sued in California federal court under allegations that one of their lawyers helped perpetuate a $170 million Ponzi scheme involving a Florida real estate company.
The receiver appointed to unwind Christopher Faulkner’s massive securities fraud scheme has sued longtime lawyers at Scheef & Stone LLP, alleging they saw signs as early as 2010 but refused to unveil the scam until it was too late.
Dimond Kaplan & Rothstein, P.A. partner Jeffrey Kaplan featured in AdvisorHub article about UBS Yield Enhancement Strategy claims.
Patrick Neal Foley, formerly with Merrill Lynch’s Ontario, California branch office, has been barred by the Financial Industry Regulatory Authority (FINRA) following his failure to comply with a FINRA investigation into his acceptance of a loan...
Wedbush Securities will pay $8.1 million to settle charges stating that the firm improperly handled American Depository Receipts (ADRs); leaving the ADR markets open for abuse.