• FINRA may Tighten Senior Exploitation Rule 

    FINRA may Tighten Senior Exploitation Rule, featured by top securities fraud attorneys, The White Law Group

    October 15, 2020 Comments Off on FINRA may Tighten Senior Exploitation Rule  Blog, Securities Fraud

    The Financial Industry Regulatory Authority’s revised rule would extend a temporary hold on accounts to protect Seniors. According to reports last week, The Financial Industry Regulatory Authority (FINRA)  wants to further amend Rule 2165, the Financial Exploitation of Specified Adults, to extend the hold

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  • Former Financial Planner Gerald Eaton Pleads Guilty to Fraud

    Former Financial Planner Gerald Eaton Pleads Guilty to Fraud, featured by top securities fraud attorneys, The White Law Group

    October 2, 2020 Comments Off on Former Financial Planner Gerald Eaton Pleads Guilty to Fraud Blog, Current Investigations, Securities Fraud

    Gerald Eaton, Commonwealth Financial Network, Acton, MA  Authorities Allege Gerald Eaton Stole $3.7 Million from 20 Clients According to an article in Patch.com yesterday, financial advisor Gerald Eaton, of Acton, Massachusetts, pleaded guilty Wednesday to stealing more than $3.7 million from more than 20 clients

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  • Michael Cohn, Ex-GPB Capital Exec Pleads Guilty to Stealing SEC info

    Michael Cohn, Ex-GPB Capital Exec pleads guilty to stealing SEC info, featured by top securities fraud attorneys, The White Law Group

    September 9, 2020 Comments Off on Michael Cohn, Ex-GPB Capital Exec Pleads Guilty to Stealing SEC info Blog, Current Investigations, Securities Fraud

    GPB Capital Update on Investigation According to reports yesterday, Michael Cohn, former chief compliance officer at private equity firm, GPB Capital Holdings, pleaded guilty to a misdemeanor on Tuesday. Cohn, 61, was reportedly charged in February 2019 with stealing information about a probe into GPB Capital while he

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  • Wells Fargo to pay $1.4 M in Restitution for Failure to Supervise VA Switches

    Wells Fargo to pay $1.4 M in Restitution for Failure to Supervise VA Switches, featured by top securities fraud attorneys, The White Law Group

    September 4, 2020 Comments Off on Wells Fargo to pay $1.4 M in Restitution for Failure to Supervise VA Switches Blog, Securities Fraud

    FINRA Sanctions Wells Fargo for Failure to Supervise VA Switches According to the Financial Industry Regulatory Authority (FINRA) on September 2, 2020, Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network have agreed to pay more than $1.4 million in restitution, plus interest, to about 100

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  • Broker Matthew O. Clason Charged with Stealing Client’s Funds

    Broker Matthew O. Clason Charged with Stealing Client’s Funds, featured by top securities fraud attorneys, The White Law Group

    September 1, 2020 Comments Off on Broker Matthew O. Clason Charged with Stealing Client’s Funds Blog, Securities Fraud

    Matthew O. Clason, LPL Financial, Glastonbury, CT SEC Charges Matthew Clason with Stealing from Retired Client According to a litigation release on Sept. 1, 2020, the Securities and Exchange Commission reportedly filed an emergency action charging financial advisor Matthew O. Clason, of Cheshire, Connecticut, with

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  • Broker Mark Boucher Charged with Defrauding $2.2 Million from Clients

    Broker Mark Boucher Charged with Defrauding $2.2 Million from Clients, featured by top securities fraud attorneys, The White Law Group

    August 28, 2020 Comments Off on Broker Mark Boucher Charged with Defrauding $2.2 Million from Clients Blog, Current Investigations, Securities Fraud

    Mark Boucher, Strategic Wealth Advisor Group Services Inc., Carlsbad, CA SEC Reportedly Charges Mark Boucher with ongoing fraud between 2010 and 2020 According to an SEC complaint this week, the Securities and Exchange Commission has charged financial advisor Mark J. Boucher, 56, of Carlsbad, California, with

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  • FINRA Warns of Fake Broker Sites

    FINRA Warns of Fake Broker Sites, featured by top securities fraud attorneys, The White Law Group

    August 26, 2020 Comments Off on FINRA Warns of Fake Broker Sites Blog, Securities Fraud

    FINRA Alert Warns of Fake Websites using Brokers’ Names Not long after an alert about a new fake FINRA domain that has an extra “n” in its domain name, the Financial Industry Regulatory Authority (FINRA)  warned that  impersonators are also setting up fake websites using brokers’ names. According to

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  • Broker Ross Barish Reportedly Charged with Fraud

    Broker Ross Barish Reportedly Charged with Fraud, featured by top securities fraud attorneys, The White Law Group

    August 14, 2020 Comments Off on Broker Ross Barish Reportedly Charged with Fraud Blog, Current Investigations, Securities Fraud

    Ross Barish, Joseph Stone Capital, Mineola, NY SEC Reportedly Charges Ross Barish with Defrauding 16 Customers According to a litigation release on August 13, 2020,  the Securities and Exchange Commission announced charges against financial advisor Ross Barish for allegedly defrauding sixteen retail customers. The

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  • Morgan Stanley hit with $950,000 for Failure to Supervise

    Morgan Stanley hit with $950,000 for Failure to Supervise, featured by top securities fraud attorneys, The White Law Group

    August 14, 2020 Comments Off on Morgan Stanley hit with $950,000 for Failure to Supervise Blog, Current Investigations, Securities Fraud

    FINRA sanctions Morgan Stanley after broker allegedly churns customer accounts. According to the Financial Industry Regulatory Authority (FINRA) yesterday, the regulator has sanctioned Morgan Stanley in connection with alleged failures to supervise one of its brokers who purportedly churned client accounts. The

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  • FINRA Alert: Beware of Fake FINRA Domain and Potential Malware

    FINRA Alert: Beware of Fake FINRA Domain and Potential Malware, featured by top securities fraud attorneys, The White Law Group

    August 13, 2020 Comments Off on FINRA Alert: Beware of Fake FINRA Domain and Potential Malware Blog, Securities Fraud

    FINRA warns member firms of imposter website, www.finnra.org (please notice the extra “n” in the domain name). According to a regulatory notice posted by the Financial Industry Regulatory Authority (FINRA), the regulator  is warning member firms of a new imposter website www.finnra.org (please notice the extra

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