Tag Archives: Miami Securities Fraud Lawyer
FINRA Complaint: Florida Brokers Exploited Elderly Investor
On December 21st, 2018, the Financial Industry Regulatory Authority (FINRA) filed a complaint against two south Florida brokers: Ami Kathryn Forte (CRD No. 2457536) and Charles Joseph Lawrence (CRD No. 3131566). Both Ms. Forte and Mr. Lawrence served as representatives of Morgan Stanley in Palm Harbor, Florida from 2009 to 2016. During their time… Read More »
Fort Lauderdale Securities Broker Sentenced to Six Years in Prison
On December 4th, 2018, the United States Attorney’s Office for the Southern District of Florida announced that Salvatore Colonna — a former Fort Lauderdale-based investment broker — has been sentenced to six years in prison for his role in a multimillion dollar securities fraud scheme. In connection with the case, former securities broker Salvatore… Read More »
SEC Charges Two Florida Men, Florida Company in Penny Stock Fraud Allegedly Targeted at Senior Investors
On November 15th, 2018, the Securities and Exchange Commission (SEC) filed a complaint in the United States District Court for the Eastern District of New York against five individuals. Several companies were also listed in the complaint. Specifically, securities fraud charges were brought against: Mark Burnett of Rosslyn, New York Jeffrey Miller of Bellmore,… Read More »
SEC Adds Miami, FL Company to PAUSE Database; Entity Accused of Soliciting Investors Using Misleading Information
On October 31st, 2018, the Securities and Exchange Commission (SEC) announced the addition of 16 unregistered companies and investment entities the official Unregistered Soliciting Entities (PAUSE) list. This database is provided free to the public, as a tool for investors to help them protect themselves from fraud. Companies and investment entities can be added… Read More »
Florida Arbitration Panel Awards Investor $210,000
On October 3rd, 2018, a FINRA Arbitration Panel in Tampa, Florida awarded $210,000 in financial compensation to an investor who filed a negligence claim. The securities fraud case was filed against Caldwell International Securities (CRD#: 104323) and two of its former brokers: Sean Francis Lanci (CRD#: 4180997) and Dominic Paul Rota (CRD#: 4886731). Notably,… Read More »
SEC Charges Florida Resident With Securities Fraud
On September 10th, 2018, the Securities and Exchange Commission (SEC) announced securities fraud charges against a former Miami Beach, Florida broker named Emil Botvinnik. In the United States District Court for the Southern District of New York, the SEC charged Mr. Botvinnik (CRD#: 4359481) in a multi-million dollar excessive trading (churning) scheme. The alleged… Read More »
SEC Charges Five Florida-Based Unregistered Brokers with Selling Fraudulent Woodbridge Group Financial Products
On August 20th, 2018, the Securities and Exchange Commission (SEC) announced investment fraud charges against five Florida residents: Barry Kornfeld of Parkland, FL; Ferne E. Kornfeld of Parkland, FL; Andrew G. Costa of Fort Lauderdale, FL; Albert D. Klager of Vero Beach, FL; and Lynette M. Robbins of The Villages, FL. According to the… Read More »
Former Raymond James Broker Suspended For Failure to Respond to FINRA Request for Information
Stephen Allen Murray (CRD#: 343722) was previously registered with the Financial Industry Regulatory Authority (FINRA) as a securities broker and investment advisor. From February of 2013 to February of 2018, this broker was employed at Raymond James & Associates, Inc. (CRD#: 705) at branch location in Palm Beach Gardens, Florida. Failure to Cooperate With… Read More »
SEC Files Civil Investment Fraud Charges Against Delray Beach, Florida Executive
On May 16th, 2018, the Securities and Exchange Commission (SEC) announced investment fraud charges against Brent Borland. Mr. Borland has a residence in Manhattan, New York and a second residence in Delray Beach, Florida. According to investigators, Mr. Borland misappropriated nearly $6 million in investor funds. While investors were informed that their money was… Read More »
SEC Shuts Down $85 Million Ponzi Schemes; Investors Were Falsely Informed Land Was Being Purchased in Florida
On May 1st, the Securities and Exchange Commission (SEC) announced that it had recently shut down an $85 million Ponzi scheme that had ties to the state of Florida. In a legal complaint that was unsealed in the United States District Court for the Southern District of Mississippi, the SEC alleges that Arthur Lamar… Read More »
