Authorities in Alabama announced the arrests of two Florida residents in an alleged scheme to bilk an elderly couple out of nearly a quarter million dollars, according to InsuranceNewsNet. Allen and Connie Stanko, both 56 years old, were each charged with financial...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: December 2022
FINRA bars ex-broker following allegations of cheating on CFP exam
The Financial Industry Regulatory Authority has barred a former securities representative and broker in a case that involved alleged misconduct on a financial planner exam, ThinkAdvisor reports. FINRA detailed its action against Brandon Self in a letter of acceptance,...
Goldman Sachs Asset Management charged with failing to follow ESG procedures
Goldman Sachs Asset Management, L.P.(GSAM) has been charged with violations involving its funds marketed as environmental, social and governance (ESG) investments, Financial Advisor reports. The Securities and Exchange Commission announced GSAM had agreed to pay a $4...
SEC awards $20 million to whistleblower who provided key information for investigation
The Securities and Exchange Commission has announced the latest award in its whistleblower program, which provides monetary incentives for individuals to come forward and report possible violations of the federal securities laws. The SEC said it had awarded $20...
Ex-broker ordered to pay $5.7M over alleged cancer treatment center scheme
The Financial Industry Regulatory Authority ordered an ex-broker to pay millions in compensatory damages to former clients who accused him of fraud, InvestmentNews reports. A panel of FINRA arbitrators issued their decision in the case of Dana Vietor, who was a...
