Washington
Tag Archive

• Iowa Broker Dealers Named In Suit Involving Provident Royalties

  December 20, 2010 Comments (0) Blog, Securities Fraud

  According to the Business Record, DeWaay Financial Network LLC of Clive and three other Iowa investment brokers are among 49 firms that have been sued in connection with the bankruptcy of a company accused of running a $485 million Ponzi scheme involving allegedly bogus oil and gas investments. Provident Royalties

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• Rhonda Breard Barred From Securities Industry

  November 2, 2010 Comments (0) Blog, Securities Fraud

  Rhonda Breard, a Kirkland, Wash., investment adviser who has been accused of stealing an estimated $8 million from at least 38 clients, has been permanently barred from the securities industry by Finra. Ms. Breard neither admitted nor denied the charges, Finra said, but “consented to the entry of Finra’s

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• Investigation Into Possible Securities Fraud Involving Oppenheimer Funds

  July 16, 2010 Comments (0) Blog, Securities Fraud

  The White Law Group is investigating possible securities fraud claims involving the Oppenheimer Champion Income Fund (OCHBX, OPCHX and OCHCX) and the Oppenheimer Core Bond Fund (OPIGX). Although marketed to investors as conservative investments, the Champion Fund and Core Bond Fund were extremely risky ventures,

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• Richard Albert Seefried, a financial advisor in Spokane, Washington, suspended by FINRA.

  June 15, 2010 Comments (0) Blog, Securities Fraud

  FINRA recently announced that Richard Albert Seefried, a financial advisor in Spokane, Washington currently registered with GVC Capital, LLC, has been suspended from association with any FINRA member in any capacity for three months. The suspension is effective from April 19, 2010 through July 18, 2010. Without

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• Frederick J. Barton, formerly of Enterprise Equities, Inc. in Columbia, Maryland, being investigated for possible securities violations.

  October 6, 2009 Comments (0) Blog, Securities Fraud

  The SEC recently announcements that an Administrative Law Judge issued an Initial Decision in Frederick J. Barton (Barton), Admin. Proc. 3-13548 (Sept. 24, 2009), in which she found that Barton and companies he controlled had been enjoined from any future violations of Section 17(a) of the Securities Act of 1933,

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• National Securities Corporation, in Seattle, Washington, fined by FINRA for securities violations related to its sale of corporate bonds.

  September 17, 2009 Comments (0) Blog, Securities Fraud

  FINRA recently announced that National Securities Corporation has been fined $105,000 and required to pay $15,697.91, plus interest, in restitution to investors. Without admitting or denying the findings, National Securities Corporation consented to the findings that it sold or bought corporate bonds to or from

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