-
January 26, 2018
Comments (0)
Current Investigations, Securities Fraud
FINRA Alleges Joseph C. Farah Churned Customer’s Account According to the Financial Industry Regulatory Authority, on January 17, 2018, Joseph C. Farah (CRD#: 2978633, Irvine, CA) submitted an Offer of Settlement consenting to FINRA’s findings and is permanently barred from working in the securities industry.
Read More »
-
October 13, 2017
Comments (0)
Blog
Steven John Meyer, Recovery of Investment Losses According to the Financial Industry Regulatory Authority, Steven John Meyer of Staten Island, New York, has been barred from the securities industry. In August, Steven John Meyer was barred by The State New Hampshire State Securities Bureau for allegations of
Read More »
-
May 4, 2017
Comments (0)
Securities Fraud
Barclays Capital Failure to Supervise According to an SEC press announcement this week, Barclays Capital will pay more than $16.5 million as part of a settlement due to allegations that the company did not properly supervise two of its former mortgage bond traders. Two former Barclays Capital residential
Read More »
-
April 27, 2017
Comments (0)
Current Investigations
SEC Investigates Demitrios Hallas for Unsuitable investments Have you suffered losses investing with former financial advisor Demitrios Hallas? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that employed him. Today, the SEC charged
Read More »
-
April 4, 2017
Comments (0)
Current Investigations, Securities Fraud
Recovery of Investment Losses with Dawn Bennett Former investment adviser Dawn Bennett must pay nearly $4 million for inflating assets and exaggerating investment returns in radio advertisements for her firm, according to the Securities and Exchange Commission. The SEC’s March 30 opinion clears the way for Bennett
Read More »
-
March 30, 2017
Comments (0)
Current Investigations
FINRA Denies Expungement Request of Ex-Broker Kathleen J. Tarr According to reports, former independent broker Kathleen J. Tarr’s bid to expunge a customer’s complaint about allegedly unsuitable sales of privately-traded REIT sales from her regulatory record was denied last week. The Financial Industry
Read More »
-
March 29, 2017
Comments (0)
Blog, Securities Fraud
NY Brokers charged the same day in churning scheme The Securities and Exchange Commission issued an investor alert In January warning investors about excessive trading and churning in brokerage accounts the same day it charged two New York brokers with benefiting themselves in such a scheme. The SEC’s
Read More »
-
February 27, 2017
Comments (0)
Securities Fraud
SEC approves new FINRA rule designed to protect seniors from financial exploitation. Will firms follow through? The US Securities and Exchange Commission (SEC) has approved a new FINRA rule to protect seniors and other specified adults from financial exploitation. The new rule will take effect on February 5, 2018.
Read More »
-
February 14, 2017
Comments (0)
Securities Fraud
Is your Financial Advisor Churning your Account? Have you suffered losses investing with your financial advisor? If so, The White Law Group may be able to help you by filing a FINRA arbitration claim against the brokerage firm that sold you the investments. Like any profession – there are good financial advisors and
Read More »
-
January 10, 2017
Comments (0)
Blog, Podcasts, Securities Fraud
What is Churning? Churning is excessive trading by a broker in a client’s account largely to generate commissions. Churning claims arise out of the inherent conflict of interest involved when a financial advisor is compensated by commissions
Read More »
