Derek Lee Miller — Alleged Failure to Respond toa FINRA Investigation

New Orleans Investment fraud attorneys

Derek Lee Miller Allegedly Failed to Follow Firm Policies and Procedures Regarding Unit Investment Trusts (UITs) FINRA was investigating Miller after he was fired from his brokerage firm, Securities America, Inc., for allegedly failing to follow firm policies and procedures regarding unit investment trusts, or UITs, according to a recent FINRA Letter of Acceptance, Waiver… Read more »

Adesola Amosun—Undisclosed Business Activities Allegations, Suspension

ponzi scheme lawyers

Adesola Amosun Engaged in Undisclosed Business Activities Related to Contango Trading Inc, a Corporation She Allegedly Started to Buy and Re-sell Unrefined Gold Adesola Amosun engaged in undisclosed business activities, Contango Trading Inc, a corporation she set up to buy and later re-sell unrefined gold, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). Amosun, who… Read more »

Terry Joe Bagwell – Failure to Supervise Alleged Ponzi Scheme

investment fraud attorney Cleveland

Terry Joe Bagwell Allegedly Failed to Properly Supervise Rep Who Sold About $8.4 Million in Ongoing Ponzi Scheme Terry Joe Bagwell, who was an Investment Company Products/Variable Contracts Principal and General Securities Principal at Pruco Securities, was the designated supervisor of an unnamed registered representative who allegedly sold 18 Pruco and non-Pruco customers approximately $8.4… Read more »

Caledonian Bank Alleged Pump-and-Dump Investigation

New Orleans investment fraud attorney

Caledonian Bank and Caledonian Securities Sued by SEC for Alleged Penny Stock Pump-and-Dump Securities Law Violations Caledonian Bank and Caledonian Securities, along with Verdmont Capital S.A., were sued by the U.S. Securities and Exchange Commission (SEC) for alleged securities law violations, and reached an agreement to reduce its U.S. assets that are subject to a… Read more »

David J. Blasik – Broker Unauthorized Sales

investor rights lawyers

David J. Blasik, of PFS Investments, Allegedly Engaged in an Unapproved and Undisclosed Outside Business Activity David J. Blasik, of Vandalia, Ohio, allegedly sold private securities offerings (or private placements) without approval from his brokerage firm, PFS Investments Inc., according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). Blasik, who was a… Read more »

Giovanno Acevedo Broker Complaints

Ponzi scheme recovery attorneys

Giovanni Acevedo Allegedly Converted Customer Funds Have you lost money investing with Giovanno L. Acevedo? If so, you may be able to recover your losses through securities litigation. The Peiffer Wolf investment recovery lawyers are currently investigating Giovanno L. Acevedo, and his alleged conversion of customer funds. On January 16, 2015 FINRA issued a “Wells… Read more »

Wendy A. Wurst – Failure to Supervise

Investment fraud lawyers

Wendy A. Wurst Failed to Reasonably Supervise Her Firm’s Registered Representative’s Involvement with Three Outside Businesses, Regulators Allege Wendy A. Wurst failed to reasonably supervise one of her firm’s registered representatives and the rep’s (RK or Roger Kumar) involvement with three outside businesses that operated as unregistered broker-dealers, according to a recent FINRA Letter of… Read more »

Jerry Irvin Chancy – Unauthorized Transactions Allegations

New Orleans investment fraud attorney

Jerry Irvin Chancy Engaged in Unauthorized Securities Transactions Jerry Irvin Chancy was barred from the financial industry on February 11, 2015, and the elemental basis of the investigation concerned allegations that Chancy engaged in unapproved and undisclosed outside business activity, according to a FINRA Letter of Acceptance, Waiver, and Consent (AWC). Chancy entered the securities… Read more »

Irvine Wayne Brewer Allegedly Participated in New Life Without Proper Prior Written Notice

Cleveland stockbroker fraud attorney

From November 1, 2012 through December 31, 2012, Irvin Wayne Brewer, formerly registered with Waddell & Reed, participated in an outside business activity, New Life, without providing prior written notice to and receiving approval from Waddell & Reed, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). The AWC further alleges that,… Read more »

Former LPL Rep Jon L. Cox Under Investigation for Alleged Unauthorized Outside Business Activity and Loans

Cleveland stockbroker fraud lawyer

Jon L. Cox, of Knoxville, Tennessee and formerly of LPL Financial, was terminated on January 22, 2014 for “violation of firm policy regarding outside business activities,” according to a recent Complaint from FINRA’s Department of Enforcement. Cox, first registered with LPL Financial in May of 2011, allegedly may have engaged in unauthorized outside business activities,… Read more »