United Development Funding IV Suspended from NASDAQ, Fails to File Financial Statements, Receives Wells Notice; Peiffer Rosca Wolf Lawyers Filing More UDF Investor Cases

investment fraud attorney Cleveland

United Development Funding investors are continuing to contact the Peiffer Rosca Wolf law firm in the wake of the news regarding UDF’s receipt of a Wells Notice from the Securities and Exchange Commission and UDF IV being suspended from trading on Nasdaq. Hundreds of UDF investors have contacted the Peiffer Rosca Wolf investor right lawyers. … Read more »

Jeffrey Hamilton Howell—False Reports to Customers, Overvaluing Customer Accounts

New Orleans investment fraud attorney

Jeffrey Hamilton Howell Allegedly Created and Sent His Customers Over 300 Weekly Stock Trading Reports Misstating Values Ranging from $289,000 to Approximately $3,000,000 Jeffrey Hamilton Howell, from September 2008 through November 2014, allegedly created and sent his customers over 300 weekly stock trading reports misstating account values ranging from $289,000 to approximately $3,000,000, according to… Read more »

Richard Lee- Unsuitable Recommendations

California stockbroker fraud attorney

Richard Lee Allegedly Made Unsuitable Recommendations of an Active Trading Investment Strategy to His Customers Richard Lee, who has been associated with CISC since July 9, 2013, allegedly made unsuitable recommendations for an active trading investment strategy, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Alan Rosca and James… Read more »

Ameriprise Financial—Failure to Supervise Broker

investment fraud attorney Cleveland

Ameriprise Financial Allegedly Failed to Supervise a Broker who Purportedly Took Advantage of Family Members, Taking in More than $370,000 from Five Ameriprise Customers An Ameriprise Financial allegedly failed to supervise a rep who purportedly took advantage of his family for financial gain,   according to FINRA Documents currently under review by attorneys Alan Rosca and… Read more »

Jerome “Joe” Bonnett Jr.—Ponzi Scheme

Cleveland stockbroker fraud lawyer

Jerome “Joe” Bonnett Jr. Allegedly Ran a Meticulous $1.35 Million Ponzi Scheme Involving a Few of His 83 Clients Jerome “Joe” Bonnett Jr., of Omaha, Nebraska, allegedly operated a $1.35 million Ponzi Scheme involving a few of his 83 clients, according to reports from Douglas County. Said reports also made note that Bonnett Jr. also,… Read more »

Alec Rivera—Financial Fraud

New Orleans stockbroker fraud lawyer

Alec Rivera Allegedly Transferred Over $1 Million from Client Accounts without Consent Alec Rivera, from 2010 to 2013, allegedly transferred over $1 million from client accounts without consent and purportedly put the cash into other accounts, according to Court Documents from Chicago currently under review by attorneys Alan Rosca and James Booker. Rivera, a former Merrill… Read more »

Glen Rauch—Sales Practice Violations

New Orleans stockbroker fraud attorney

Glen Rauch Allegedly Orchestrated a Various Assortment of Serious Sales Practice Violations Which Displayed Disregard for FINRA Rules Glen Rauch allegedly orchestrated a variety of serious sales practice violations which displayed dishonesty, evasiveness, and a venerable disregard for FINRA Rules leading to customer losses, according to a Complaint from FINRA’s Department of Enforcement currently under… Read more »

Donald Shelby Toomer—Fraudulent Pump and Dump Scheme / Securities Fraud

Cleveland stockbroker fraud lawyer

Donald Shelby Toomer Allegedly Participated in a Stock Price Manipulation of Three Low-priced, Purportedly Speculative Securities Including NXT Nutritionals Holdings, Inc. (NXTH), Clear-Lite Holdings, Inc. (CLRH), and Mesa Energy Donald Shelby Toomer allegedly participated in a stock price manipulation scheme of three low-priced, purportedly speculative securities, according to a Complaint from FINRA’s Department of Enforcement… Read more »

Gregory Gray—Securities Fraud


Gregory Gray Allegedly Bilked Influential Central New Yorkers; Gray Allegedly Used Investor Money to Pay Other Investors Rather than Purchasing Shares of Uber for Investors Gregory Gray, 41, of Buffalo, New York, allegedly perpetuated a $5 million Ponzi scheme involving influential Central New Yorkers, according to reports from Federal prosecutors in Manhattan currently under review… Read more »

Avenir Finacial Group—Fraud

Rochester stockbroker fraud attorney

Avenir Financial Group Allegedly Engaged in Acts of Fraud Including Self-offering of Securities and Fraudulent Sale of Equity Interest in the Firm Avenir Financial Group, a NY-based firm, allegedly self-offered securities, according to Documents from FINRA currently under review by attorneys Alan Rosca and James Booker. Avenir also allegedly made fraudulent sales of promissory notes… Read more »