Marc C. Arena— Excessive Trading and Churning of Accounts

Cleveland stockbroker fraud lawyer

Marc C. Arena and Five Newport Coast Registered Reps Allegedly Churned and Excessively Traded 24 Customers’ Accounts Marc C. Arena and Five Newport Coast Registered Reps,  Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, and Donald Bartelt, from September 2008 through May 2013, allegedly excessively traded and churned 24 customers’ accounts, according to a recent Complaint… Read more »

Jeffrey L. Rittberger—Recommendation of UITs without Reasonable Basis for Believing They Were Suitable Investments

Jeffrey L. Rittberger Allegedly Participated in the Recommendation of UIT Purchases without Reasonable Basis for Such Investments as Suitable for Investors Jeffrey L. Rittberger allegedly participated in the recommendation of purchases of municipal unit investment trusts (UITs) totaling approximately $198,000 to five customers, according to a recent FINRA Letter of Acceptance, Waiver and Consent currently under… Read more »

Bernard M. Parker—Stealing Investor Money

Bernard M. Parker Allegedly Raised $1.2 Million from Longstanding Brokerage Customers and, Rather than Purchasing Tax Liens, Used the Cash to Remodel his Estate Bernard M. Parker, 55, who ran Parker Financial Services from his home in Indiana, Pa., allegedly raised more than $1.2 million from his longstanding brokerage customers who were told they were… Read more »

Glenn Robert King—Fraudulent Misrepresentations and Omissions

ohio stockbroker fraud attorneys

Glenn Robert King Allegedly Made Fraudulent Misrepresentations and Omissions to Seven Royal Alliance Associates, Inc Customers with the Sale of UIT Glenn Robert King, from in or about January 2013 through in or about December 2014 and while associated with Buckman, Buckman & Reid, allegedly made fraudulent misrepresentations and omissions to seven Royal Alliance Associates,… Read more »

Clifford D. Morgan—Outside Business Activities

Ponzi scheme attorneys

Clifford D. Morgan Allegedly Participated in Several Outside Business Activities without Proper Prior Consent from Uhlmann Price Securities Clifford D. Morgan allegedly participated in numerous outside business activities without providing proper consent from Uhlmann Price Securities, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Joe Peiffer… Read more »

Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, Brokers with Newport Coast Securities- Suspected Churning

Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, Allegedly Excessively Traded and Churned Customers’ Accounts Newport Coast Securities and five of its brokers, Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, allegedly excessively traded and churned twenty-four customers’ accounts, according to a FINRA documents currently under review by Peiffer Wolf Carr & Kane… Read more »

David Michael Miller Accused of Recommending and Selling Unsuitable Investments in Unit Investment Trusts (UIT’s)

David Michael Miller Allegedly Lacked a Reasonable Basis for Recommending UIT Investments David Michael Miller allegedly recommended 141 UIT purchases between August 2012 and May 2013, totaling approximately $5.4 million in 129 customer accounts, according to the complaint filed by the Financial Regulatory Authority’s (FINRA) Department of Enforcement, and currently under review by the investment… Read more »

Michael Donnelly, Owner of Coastal Investment Advisors, Charged in Fraud

Michael Donnelly charged in $2 Million Dollar Investment Fraud Michael Donnelly, the former president of Wilmington, Del.-based Coastal Investment Advisors Inc. and its affiliated broker-dealer, allegedly engaged in a nearly $2 million fraud scheme. According to SEC documents currently under review by Peiffer Wolf Carr & Kane attorney Jason Kane, Donnelly allegedly provided investors with false account… Read more »

Scott Neal Glazer- Alleged Stock Market Price Manipulation

Scott Neal Glazer Allegedly Manipulated the Stock Market Price of National Technical Systems, Inc. Scott Neal Glazer, individually and along with others, allegedly conspired to manipulate, control and establish the price of National Technical Systems, Inc., (NTSC)  a company trading on the NASDAQ National Market for a two year period, from January 2009 through December… Read more »

Anthony Gray Alleged Misappropriation of Funds

Anthony Gray Allegedly Misappropriated Funds from Elderly Clients Anthony Gray, formerly with Edward Jones, allegedly misappropriated client funds, according to Financial Industry Regulatory Authority (FINRA) currently under review by investment attorneys of Peiffer Wolf Carr & Kane. Gray allegedly convinced two elderly clients to transfer $138,000 from their firm account at Edward Jones. Anthony Gray then allegedly… Read more »