Common Misconduct

Nov 11th, 2015

Lonny Bernath of Headline Capital Management LLC Targeted By The SEC

According to the Securities and Exchange Commission, Lonny Bernath established several investment funds, but misled investors as to how their funds would be invested, and failed […]
Nov 10th, 2015

Pennsylvania Investment Advisers Defraud Hundreds of Investors of Over $50 Million

A father-son investment team in Pennsylvania recently settled a lawsuit filed by the Securities and Exchange Commission (SEC) in federal court. According to the complaint, Kevin […]
Nov 4th, 2015

Multimillion Dollar Ponzi Scheme in Orange County Perpetrated by Roy Dekel and Diverse Financial Corporation

According to an SEC complaint filed in federal court a few days ago, investors who trusted Roy Dekel and Diverse Financial Corporation in Newport Beach may […]
Oct 22nd, 2015

Glendale Securities Settles Front Running Allegations With FINRA

Glendale Securities of Sherman Oaks, California recently agreed to a $12,500 fine and interest payments due to “front running” trades. A broker-dealer engages in front running […]
Oct 9th, 2015

Lee D. Weiss of MIP Global and Family Endowment Partners Sued By SEC

The Securities & Exchange Commission has filed charges against Lee Weiss for what is, frankly, an impressive series of investment schemes and scams for a licensed […]
Oct 5th, 2015

Investing In Physical Gold In Your IRA Is ALWAYS A Bad Investment

There are plenty of folks who like investing in gold. Personally, I don’t see the attraction as an investment, although gold is very shiny. However, if […]
Sep 28th, 2015

Edward Jones Makes Millions Overcharging Investors For Municipal Bonds

According to a recent SEC order, Edward Jones has been overcharging for municipal bonds, pocketing an extra $4.5 million as a result of its willful securities […]
Sep 28th, 2015

Equinox Securities Caused Massive Investment Losses, FINRA Alleges

According to a Complaint recently filed by FINRA (the Financial Industry Regulatory Authority), Equinox Securities may be responsible for decimating the retirement accounts of several investors. […]
Sep 23rd, 2015

Transamerica in hot water for sales of non-traded REITs and BDCs

Transamerica Financial was recently fined $85,000 and ordered to pay restitution of over $50,000 to customers for overcharging them on sales of non-traded REITS and BDCs […]
Sep 19th, 2015

Securities Broker Kevin R. Montoya Hides Multiple Felonies From Investors

According to Financial Industry Regulatory Authority (FINRA), California-based securities broker Kevin Robert Montoya was recently suspended for a year after failing to report multiple felonies on […]