Markets & Products | New York Criminal & Securities Attorney

Moloney Securities Sanctioned by FINRA for Its Sales of GPB Capital Holdings to Customers

Moloney Securities Sanctioned by FINRA for Its Sales of GPB Capital Holdings to Customers

By Kevin J. Deloatch, Esq.|2022-12-28T18:00:02-05:00December 28th, 2022|Tags: Advisors Act, arbitration, audited financial statements, automotive portfolio, AWC, censure, churning, concentration, customer complaint, customers, Department of Enforcement, failure to supervise, FINRA, FINRA Rule 2010, fraud, GPB Capital, GPB Capital Holdings, high-risk products, Holdings II, investigation, lost money, misrepresentation, Moloney Securities, negligence, regulatory action, sales, sales practice, sanctioned, SEC, securities industry, settlement, suitability, violation|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, Moloney Securities Co., Inc. (CRD # 38535) was recently sanctioned by FINRA’s [...]

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Coastal Equities, Inc. Sanctioned by FINRA for Its Sales of GPB Capital Holdings, LLC and Failure to Supervise

Coastal Equities, Inc. Sanctioned by FINRA for Its Sales of GPB Capital Holdings, LLC and Failure to Supervise

By Kevin J. Deloatch, Esq.|2022-12-28T12:00:09-05:00December 20th, 2022|Tags: audited financial statements, automotive portfolio, AWC, broker, broker-dealer, censure, Coastal Equities, customer account, Department of Enforcement, excessive, failure to supervise, fine, FINRA, FINRA Rule 2010, FINRA Rule 3110, GPB Capital Holdings, Holdings II, introducing broker, investigate, investigation, investor, limited partnership, material information, NASD Rule 3010, red flag, red flags, registered representative, regulatory, restitution, sanction, SEC, Securities and Exchange Commission, unsuitable, written supervisory procedures|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that introducing broker-dealer, Coastal Equities, Inc. (CRD # 23769) was recently sanctioned by FINRA’s [...]

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Increased Scrutiny of Securities Recommendations by Social Media Influencers

Increased Scrutiny of Securities Recommendations by Social Media Influencers

By Kevin J. Deloatch, Esq.|2022-12-28T12:03:35-05:00December 16th, 2022|Tags: 10b-5, Andrew Fassari, antfraud, artificially increase, Atlas Trading Discord, Department of Justice, DOJ, expert trader, false and misleading information, influencer, investigation, meme stock, meme stocks, parallel investigation, price, pump and dump, recommendation, SEC, Securities Act of 1933, Securities and Exchange Commission, Securities Exchange Act of 1934, securities fraud, Social Media, Southern District of Texas, stock tip, stock trading, Twitter, Twitter followers|

Securities regulators and law enforcement have stepped up their efforts in combating securities fraud through social media influencers and their recommendations. The rise of social media [...]

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Law Office of Kevin J. Deloatch, Esq. Investigating Purchases of Erin Energy Corporation Through Cabot Lodge Securities and Arben (“Ben”) Gecaj

Law Office of Kevin J. Deloatch, Esq. Investigating Purchases of Erin Energy Corporation Through Cabot Lodge Securities and Arben (“Ben”) Gecaj

By Kevin J. Deloatch, Esq.|2022-12-01T14:45:21-05:00November 5th, 2022|Tags: advisor, Arben Gecaj, arbitration, bankruptcy, Ben Gecaj, broker, Cabot Lodge Securities, CAK, CAMAC Energy, chapter 11, chapter 7, customer, Erin Energy, ERINQ, ERN, FINRA, FINRA Rule 2111, Gecaj, good faith, investigation, investment experience, investment objectives, loss, losses, lost, money, recommendation, recommended, risk tolerance, suitability, suitable, unsuitable|

The Law Office of Kevin J. Deloatch, Esq. is currently investigating recommended transactions in the common stock of Erin Energy Corporation through Cabot Lodge Securities LLC [...]

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National Securities Corporation Sanctioned by FINRA After Investigation Into Multiple Violations

National Securities Corporation Sanctioned by FINRA After Investigation Into Multiple Violations

By Kevin J. Deloatch, Esq.|2022-06-26T17:42:34-05:00June 26th, 2022|Tags: arbitration, AWC, breach of contract, breach of fiduciary duty, censure, customer complaint, Department of Enforcement, disgorgement, failure to supervise, fine, FINRA, FINRA Rule 2010, FINRA Rule 2262, FINRA Rule 3010, FINRA Rule 3110, FINRA Rule 5131, fraud, multiple, National Securities Corporation, negligence, NSC, private placement, Reasonably supervise, red flags, restitution, sanctioned, SEC, Securities and Exchange Commission, suitability, unauthorized trading, violation|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, National Securities Corporation (CRD # 7569) was recently sanctioned by FINRA’s Department [...]

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McDonald Partners LLC Sanctioned by FINRA for Failure to Perform Due Diligence on Private Placement Offering

McDonald Partners LLC Sanctioned by FINRA for Failure to Perform Due Diligence on Private Placement Offering

By Kevin J. Deloatch, Esq.|2022-06-24T08:08:57-05:00June 24th, 2022|Tags: arbitration, AWC, breach of contract, breach of fiduciary duty, censure, customer complaint, Department of Enforcement, due diligence, failure, failure to perform due diligence, fine, fined, FINRA, FINRA Rule 2010, FINRA Rule 3110, fraud, investigation, McDonald Partners, negligence, private placement, restitution, sales practice violation, sanctioned, securities|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, McDonald Partners LLC (CRD # 135414) was recently sanctioned by FINRA’s Department [...]

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Torch Securities, LLC Sanctioned by FINRA Regarding Due Diligence and Supervision Failures

Torch Securities, LLC Sanctioned by FINRA Regarding Due Diligence and Supervision Failures

By Kevin J. Deloatch, Esq.|2022-06-22T13:34:38-05:00June 22nd, 2022|Tags: AWC, censure, customer, customer complaints, Department of Enforcement, due diligence, failure, fine, fined, FINRA, FINRA Rule 2010, FINRA Rule 3110, investigation, private placement, private placements, red flags, sanctioned, supervise, supervision, Torch Securities|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, Torch Securities, LLC (CRD # 133642) was recently sanctioned by FINRA’s Department [...]

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Berthel, Fisher & Co. Financial Services, Inc. Sanctioned by FINRA for Failure to Perform Due Diligence

Berthel, Fisher & Co. Financial Services, Inc. Sanctioned by FINRA for Failure to Perform Due Diligence

By Kevin J. Deloatch, Esq.|2022-06-21T08:11:27-05:00June 21st, 2022|Tags: arbitration, AWC, Berthel, Berthel Fisher & Co. Financial Services, censure, customer complaint, Department of Enforcement, due diligence, failure, fine, fined, FINRA, FINRA Rule 2010, FINRA Rule 2360, FINRA Rule 3110, Fisher, investigation, options, sanction, sanctioned, securities industry, suitability, suitable, supervisory system|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, Berthel, Fisher & Co. Financial Services, Inc. (CRD # 13609) was recently [...]

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Matthew Perry Barred by FINRA from Securities Industry After Refusing to Cooperate In Options Trading Investigation

Matthew Perry Barred by FINRA from Securities Industry After Refusing to Cooperate In Options Trading Investigation

By Kevin J. Deloatch, Esq.|2021-08-12T19:52:14-05:00August 12th, 2021|Tags: Alex Perry, Alexander, AWC, bar, barred, customer accounts, customer complaint, Department of Enforcement, failure to cooperate, FINRA, FINRA Rule 2010, FINRA Rule 8210, fraud, investigation, Matthew Perry, options, Options trading, refusing to cooperate, securities industry, settled, Stifel Nicolaus, terminated, U4, U5, unauthorized, unsuitable securities, wells fargo, Wells Fargo Advisors|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that now former broker/investment adviser, Matthew Alexander Perry (Alex Perry) (CRD # 5985300) was recently [...]

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Independent Financial Group, LLC Sanctioned by FINRA for Failure to Supervise Sales of Non-Traded REITs

Independent Financial Group, LLC Sanctioned by FINRA for Failure to Supervise Sales of Non-Traded REITs

By Kevin J. Deloatch, Esq.|2021-05-02T20:34:10-05:00April 22nd, 2021|Tags: alternative investment, arbitrations, AWC, broker, broker-dealer, customer complaints, failure to supervise, fine, fined, FINRA, FINRA Rule 2010, FINRA Rule 3110, fraud, illiquid, illiquid securities, Independent Financial Group, investigation, NASD, NASD Rule 3010, non-traded REITs, regulatory action, REIT, REITS, sanction, sanctioned, SEC, securities, speculative, unsuitable, unsuitable recommendation|

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that broker-dealer, Independent Financial Group, LLC (CRD # 7717) was recently sanctioned by FINRA’s [...]

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