Stephen Silver– Private Securities Transactions
Stephen Silver Allegedly Participated in Private Securities Transactions by Facilitating the Sale of Shares of an Australian Gold Mining Company to a Singapore-based Gold Company
Stephen Silver allegedly participated in two private securities transactions, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Alan Rosca and James Booker.
Silver’s alleged private securities transactions purportedly facilitated the sale of shares of an Australian gold mining company to a Singapore-based gold company, said Complaint notes.
The Peiffer Rosca Wolf securities lawyers are currently investigating Stephen Silver’s alleged private securities transactions.
Stephen Silver Suspended and Fined $10,000 by FINRA
The gross proceeds of the aforementioned transactions allegedly exceeded $6 million, and Stephen Silver allegedly received compensation in the amount of $200,000 for his participation, according to the aforementioned Complaint being examined by attorneys Alan Rosca and James Booker.
Silver allegedly failed to provide written or any other notification of his participation to his employer member firm, Casimir Capital, at any time, and hence, by said conduct, Silver allegedly violated NASD and FINRA Rules, said Complaint notes.
Silver, as a result of the aforementioned behavior, has been suspended, fined $10,000 and ordered to pay disgorgement in the amount of $40k, the Complaint reports.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of private securities transactions, and are currently investigating Stephen Silver’s alleged private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Stephen Silver’s alleged private securities transactions are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.