Russell L. Forkey, P.A.Attorney at law
Schedule a consultation
Toll free 888-671-0962
Local954-514-9605 | 561-406-4644
Menu
Working Diligently To Protect Your Rights

Mutual Fund Fraud and Mismanagement Archives

Legend Equities Corporation - Mutual Fund Abuse FINRA Arbitration Attorney

Legend Equities Corporation - Mutual Fund Abuse FINRA Arbitration Attorney:

Legend Equities Corporation (CRD #30999, Palm Beach Gardens, Florida) recently submitted an Acceptance, Waiver and Consent in which the firm was censured and required to provide FINRA with a plan to remediate eligible customers who qualified for, but did not receive, the applicable mutual fund sales-charge waiver. As part of this settlement, the firm agrees to pay restitution to eligible customers, which is estimated to total $2,300,188 (the amount eligible customers were overcharged, inclusive of interest). The firm will also ensure that retirement andcharitable waivers are appropriately applied to all future transactions. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it disadvantaged certain retirement plan and charitable organization customers thatwere eligible to purchase Class A shares in certain mutual funds without a front-end sales charge.

Leveraged - Inverse Mutual Funds - Risk vs. Rewards - Boca Raton, Florida FINRA Arbitration Attorney

Leveraged - Inverse Mutual Funds - Risk vs. Rewards - Boca Raton, Florida FINRA Arbitration Attorney:

The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute an enforcement action, firms and licensed individuals have the responsibility to reflect such action on their U-4 and/or U-5 filings, which can be viewed on the FINRA website under the broker-check section of the site or by viewing the monthly disciplinary information also provided on the FINRA site.

Concealing Poor Performance of Fund Assets - South Florida Securities and Investment Mismanagement Attorney

Concealing Poor Performance of Fund Assets - South Florida Securities and Investment Mismanagement Attorney

SEC Announces Fraud Charges Against Investment Adviser Accused of Concealing Poor Performance of Fund Assets From Investors

Investment Advisory Conflict of Interest - West Palm Beach, Florida Investment Advisor Conflict of Interest Attorney

South Florida, including West Palm Beach and Boca Raton Investment Advisor Conflict of Interest FINRA Arbitration and Litigation Attorney:

OX Trading, LLC, optionsXpress, Inc. and Thomas E. Stern - South Florida Option Fraud and Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney

In the Matter of OX Trading, LLC, optionsXpress, Inc., and Thomas E. Stern

The Commission issued an Order Making Findings and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 as to OX Trading, LLC and optionsXpress, Inc. (OX Order). The OX Order finds that OX Trading, LLC (OX Trading) willfully violated Sections 15(a) and 15(b)(8) of the Securities Exchange Act of 1934 by operating as an unregistered dealer from October 2009 to November 2010 and transacting in securities while not a member of a national securities association or a national exchange from March 2009 to November 2010, respectively. The OX Order also finds that optionsXpress, Inc. caused OX Trading's violations. The OX Order ordered OX Trading and optionsXpress to cease and desist and ordered OX Trading to pay $2,750,000 in disgorgement, prejudgment interest of $253,094.39, and a civil money penalty of $750,000. (Rel. 34-70739).

No-Load Fund - Florida Mutual Fund Misrepresentation and Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney

No-Load Mutual Fund - South Florida Mutual Fund Breach of Fiduciary Duty, Negligence and Breach of Contract FINRA Arbitration and Litigation Attorney:

Income Mutual Fund - South Florida Mutual Fund Abuse and Loss FINRA Arbitration and Litigation Attorney

Income and Growth Mutual Fund Abuse, Fraud and Mismanagement Principal and Income Loss FINRA Arbitration and Litigation Attorney:

Secured vs. Unsecured Corporate and Municipal Bonds - South Florida FINRA Arbitration and Litigation Attorney - You May Be Able To Recover Your Investment Losses

Secured vs. Unsecured Corporate and Municipal Bonds - What happens if a company goes into bankruptcy? South Florida FINRA Arbitration and Litigation Attorney - You may be able to recover your investment losses.

Basic Characteristics of Corporate and Municipal Bonds - Florida FINRA Arbitration and Litigation Attorney - Investment Losses

Basic characteristics of corporate and municipal bonds - South Florida FINRA Arbitration and Litigation Attorney - As an investor, you may be able to recover losses associated with your investment in corporate bonds.

Mutual Fund Fraud and Mismanagement - Florida FINRA Arbitration and Litigation Attorney

SEC Bans Arizona-Based Investment Adviser From Securities Industry For Fraudulent Actions In Mutual Fund Collapse

Office location

Russell L. Forkey, P.A.
1075 Broken Sound Parkway NW, Suite 103
Boca Raton, FL 33487

Toll Free: 888-671-0962
Phone: 954-514-9605
Fax: 561-406-4633
Map & Directions