Former Merrill Lynch Rep Greg Campbell Allegedly Misappropriated over $1.7 million from Merrill Customers

Between May 2008 and October 2011, former Merrill Lynch registered representative Greg Campbell allegedly misappropriated over $1.7 million from Merrill customers, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Joe Peiffer and Jason Kane. After leaving Merrill Lynch on October 29, 2011, Campbell joined a new… Read more »

Bradley Claus Allegedly Engaged in Private Securities Transactions; Recommended RJ Oil & Gas as Investment While Engaging in Private Securities Transactions

Rochester stockbroker fraud attorney

From September 2010 through April 2013, Bradley Claus, formerly of Transamerica Financial Advisors, Inc., allegedly participated in private securities transactions with two customers of Transamerica Financial, and one non-firm customer without properly providing notice to and receiving approval from Transamerica Financial, according to an Amended Complaint from FINRA’s Department of Enforcement. Transamerica Financial, which reportedly… Read more »

Allan Jeffrey Corby and Jason Robert Melando Allegedly Failed to Disclose Outside Business Activity with the Patraeus Group

New Orleans investment fraud attorney

Allan Jeffrey Corby and Jason Robert Melando, both formerly of Equity Services Inc (ESI), allegedly engaged in an outside business that was inconsistent with previous representation to the firm, and thus resulted in his termination, according to a recent FINRA Letter of Acceptance, Waiver, and Consent (AWC). Between October 2009 and October 2010, Corby and… Read more »

Diversified Energy Group, Inc. and Principal Officers Havanich, DellaSala, and Welch Allegedly Raised $17.4 Million through Fraudulent and Unregistered Stock and Bond Offerings

Ponzi scheme attorneys

Between 2006 and 2012, Diversified Energy Group, Inc. and its principal officers, Havanich, DellaSala, and Welch, raised at least $17.4 million from approximately 440 investors nationwide through a series of fraudulent, unregistered offerings of stock and bonds, according to SEC documents currently being reviewed by investor right lawyers Jason Kane and Joe Peiffer. Diversified reportedly represented… Read more »

Leone Alfano Lacava Allegedly Ran $40 Million Orlando-based Ponzi Scheme that Targeted Italian Investors

Leone Alfano Lacava, Victoriya Johnson, and Rasul Atakov, and unnamed others allegedly worked under business names such as Orlando Trust Properties and Golden Investments Inc. in order to run a $40 Million Orlando-based Ponzi Scheme that involved at least 100 people, mostly Italian citizens, according to federal documents in Florida. In addition, Federal agents seized… Read more »

Allan Jeffrey Corby Allegedly Failed to Disclose Outside Business Activity with the Patraeus Group

Investment fraud lawyers

Allan Jeffrey Corby, formerly of Equity Services Inc (ESI), allegedly engaged in an outside business that was inconsistent with previous representation to the firm, and thus resulted in his termination, according to a recent FINRA Letter of Acceptance, Waiver, and Consent (AWC). Between October 2009 and October 2010, Corby allegedly failed to provide written notice… Read more »

Grant Thornton Resigns as Auditor for Multiple Schorsch-Associated Nontraded REITs

New Orleans Investment fraud attorneys

On January 22, Grant Thornton reportedly resigned as the independent registered public accounting firm for the eight REITs, including American Realty Capital Trust V, one of Nicholas Schorsch’s very popular ARC net lease REITs brought to the market after the financial crisis, according to recent filings with with the Securities and Exchange Commission currently being reviewed… Read more »

Miles A. Bahl Allegedly Made Fraudulent Misrepresentations Soliciting $3 Million in Promissory Notes Issued by the Economic Development Finance Corporation

New York investor rights attorneys

Miles A. Bahl allegedly made fraudulent misrepresentations in soliciting $3m of investments in promissory notes issued by the Economic Development Finance Corporation (EDFC), a company that later defaulted on the notes, according to a complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and Jason Kane. Miles A. Bahl, registered with… Read more »

Frederic Elm and His Elm Tree Investment Advisors LLC Charged in Alleged $17M Ponzi Scheme

Cleveland stockbroker fraud lawyer

Frederic Elm, of Fort Lauderdale, FL, and his Elm Tree Investment Advisors LLC allegedly operated a $17M Ponzi Scheme, according to a complaint filed by the Securities and Exchange Commission currently being reviewed by attorneys Jason Kane and Joe Peiffer. The Peiffer Wolf Carr & Kane investment recovery lawyers are currently investigating Elm Tree Investment Advisors LLC,… Read more »

Loren Holzhueter Allegedly Ran Multimillion Dollar Rural Wisconsin Ponzi Scheme

Investment fraud lawyers

Since 2008, Loren Holzhueter, 69, and of rural the rural Wisconsin communities of Oconomowoc and Watertown, has allegedly been running a multimillion dollar Ponzi scheme, according to a new federal complaint from the Securities and Exchange Commission (SEC). The SEC complaint further alleges that from January 2008 through November 2014, Holzhueter, who has worked for… Read more »