Nahuel Rodriguez—Customer Fund Conversion and Willful Misrepresentation of Material Facts

Nahuel Rodriguez Allegedly Converted Customer Funds and Willfully Misrepresented material Facts Nahuel Rodriguez allegedly converted customer funds and willfully misrepresented material facts, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and Jason Kane. Nahuel Rodriguez allegedly may have engaged in wrongful conduct while he was associated with… Read more »

Malcolm Segal—Alleged Ponzi Scheme

Malcolm Segal Allegedly Operated a Ponzi Scheme, Reportedly Selling So-called CD’s to Customers Under False Pretenses Malcolm Segal allegedly ran a Ponzi scheme wherein he reportedly sold so-called certificates of deposits (CDs) to his brokerage customers by falsely claiming that he could get them higher interest rates of return on FDIC-insured CDs than otherwise available… Read more »

Brian M. Berger— Misappropriation of Funds, Failure to Respond to FINRA Investigation

Brian Michael Berger Allegedly Failed to Respond to a FINRA Investigation after Being Investigated for Purportedly Misappropriating Funds and Stealing from the Elderly Brian Michael Berger, of Fort Lauderdale, Florida, allegedly failed to respond to a a FINRA investigation after the financial regulatory agency had conducted an investigation into Berger replete with allegations of misappropriation… Read more »

James E. Rooney—Failing to Supervise a Registered Representative Who Engaged in Two Private Securities Transactions

James E. Rooney Allegedly Failed to Supervise a Registered Rep Who Took Part in Two Private Securities Transactions of So-called “Tax Deductible Installment Plans” issued by the National Foundation of America (NFOA) James E. Rooney, of Fox Financial and of Carrollton, Texas, allegedly failed to supervise a registered rep who took part in two private… Read more »

Lee Robert Sobel—Failure to Provide On the Record Testimony

Lee Robert Sobel Was Investigated by FINRA Regarding the Sale of Interests in Opportunity Drilling and Acquisition Fund, LLC, Failed to Provide On the Record Testimony for FINRA Lee Robert Sobel was investigated by FINRA in 2014 regarding the sale of interests in Opportunity Drilling and Acquisition Fund, LLC, according to a recent Complaint from… Read more »

Arb Bar Frets FINRA Comms Rule Reforms

The Public Investors Arbitration Bar Association is concerned about planned changes to rules governing broker/dealers’ communications with the public, arguing that the reforms would undermine regulatory oversight and could harm investors. The Financial Industry Regulatory Authority has asked for feedback on the changes following a retrospective review conducted last year into the effectiveness and efficiency of its existing rules… Read more »

Tyrel L. Sipe— Refusing to Appear for Testimony Regarding His Discharge

Tyrel L. Sipe Allegedly Refused to Appear for Testimony Regarding His Discharge from W&S Brokerage Services, Inc. Tyrel L. Sipe allegedly refused to appear for testimony regarding his discharge from W&S Brokerage Services, Inc. (WSBS), according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). Starting on May 6, 2015, FINRA staff sent… Read more »

Paul Lee Moore and Coast Capital Management—Ponzi Scheme

Paul Lee Moore and His Coast Capital Management Allegedly Ran a Ponzi Scheme Which Raised $2.6 Million from Clients Paul Lee Moore and his Coast Capital Management allegedly ran a Ponzi scheme which purportedly siphoned $2.6 Million, according to SEC documents currently under review by Attorneys Joe Peiffer and Jason Kane. Said SEC Documents go… Read more »

Will Allen—Ponzi Scheme

Will Allen, Former NFL Defensive Back, Allegedly Ran $32 Million Ponzi Scheme Will Allen, former NFL defensive back, allegedly ran a $32 million Ponzi scheme from July 2012 to February 2015, according a recent Federal Indictment. Will Allen, 36, allegedly ran a detailed Ponzi scheme which entailed Allen making high-interest, short term loans to other… Read more »

Raymond James & Associates, Inc– Failure to Establish and Maintain an Adequate Supervisory System

Raymond James & Associates, Inc Allegedly Disadvantaged Retirement Plan and Charitable Organization Customers Whom Were Qualified to Purchase Class A Shares in Certain Mutual Funds Raymond James & Associates, Inc allegedly disadvantaged certain retirement plan and charitable organization customers that were eligible to purchase Class A shares in certain mutual funds without a front-end sales charge or Class B… Read more »