Matthew Trulli Investigated by Securities Attorneys

Matthew Trulli, a Mountain View, California stockbroker has been sanctioned by the securities regulators as a result of allegedly borrowing money from customers and making false statements to his firm concerning outside business activities. Trulli was also suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity. The suspension will last for one year…. Read more »

Tim Moran Investigated by Securities Attorneys

Timothy Moran, an investment professional in Scottsdale, Arizona, is being investigated by the securities attorneys as the Peiffer Wolf law firm, following his permanent bar from the securities industry for allegedly referring his customers to an investment program that was fraudulent, and providing false information to securities industry regulators. Moran allegedly failed to respond to charges filed against… Read more »

Thomas Hampton, Hampton Capital Markets Charged with Securities Rule Violations

Thomas L. Hampton, a Scottsdale, Arizona investment professional, was found in violation of the securities and commodities laws as a result of organizing and promoting an unregistered commodity pool and soliciting $5.2 million from at least 72 members of the general public to trade commodity futures contracts, between September, 2010 and September, 2011. Hampton organized and… Read more »

E-Mini Investors Should Guard Against Risks: Securities Attorneys

E-Minis investments typically present risks to some investors that may not be properly disclosed by those recommending such investments, cautioned securities lawyers Jason Kane and Joe Peiffer. E-Minis are electronically traded futures contracts that correspond to a percentage of a standard futures contract. E-Minis offer investors a way to trade on an index without using extremely high multipliers…. Read more »

James Arnold Busch Barred by FINRA for Alleged Misappropriation of Investor Funds

James Arnold Busch, a former Wells Fargo stockbroker, has been permanently banned from working in the securities industry as a result of his alleged misappropriation of approximately $1.3 million from eight Wells Fargo brokerage customers. James Busch accepted the regulators’ sanctions and did not deny or admit the factual findings against him. Most of Busch’s victims were elderly women… Read more »

Edward Francis Scro Permanently Barred from the Securities Industry

Edward Francis Scro, a Naples, Florida stockbroker, was barred from association with any securities broker-dealer firm in any capacity. The sanction was based on findings that were the bases for three causes of action against Edward Scro. First, Scro allegedly made unsuitable recommendations of high risk, illiquid investment to elderly unsophisticated customers who were looking for reliable, steady and… Read more »

Ramnik Singh Aulakh Barred from Associating with FINRA Members

Ramnik Singh Aulakh, a stockbroker formerly affiliated with beleaguered stockbrokerage firm Success Trade Securities, has been sanctioned by the regulators with a permanent bar from the securities industry. Ramnik Aulakh’s case is related to an earlier case pending against Success Trade Securities and its CEO, Fuad Ahmed, in connection with the alleged sales of promissory notes. FINRA filed a… Read more »

William Larry Hogue Jr. Sanctioned by Securities Regulators

William Larry Hogue Jr., a stockbroker in Evans, Georgia has been fined and suspended by the securities industry regulators for allegedly engaging in undisclosed outside business activities. Hogue did not deny or admit the regulators’ findings, but he consented to the sanctions and to the entry of findings that he participated in an outside business activity or… Read more »

Shawn Charles Haynes Sanctioned by Securities Regulators for Promissory Note Sales

Shawn Charles Haynes, a former stockbroker of Westrock Advisors, along with two other brokers, were charged in a complaint filed by the Financial Industry Regulatory Authority (FINRA) with selling promissory notes issued by Westrock Group Inc., the parent company of Westrock Advisors, despite not having any reasonable basis for recommending such investments to his customers. Shawn Haynes relied primarily… Read more »

Benjamin Irby Cox Sanctioned and Suspended by Securities Regulators

Benjamin Irby Cox, a Dallas stockbroker, has been suspended and fined for allegedly falsifying suitability information for investors he contacted to sell them oil and gas investments. Cox submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any securities industry member in any capacity, including clerical… Read more »