Dec 23, 2020

Hialeah Florida FINRA Securities Fraud Attorney

Four Hialeah Florida residents were charged in connection with a multi-million-dollar bank fraud scheme. Couples Gabriel and Maureen Cifuentes and Maribel and Reinaldo Roman Jr., as well as five others, were charged with conspiracy to commit bank fraud in connection with a $12 million scheme. According to the charging documents, the defendants conspired to submit false loan applications to Wells Fargo Bank to obtain upwards of $12 million in commercial lines of credit. One defendant, who was a certified public accountant, allegedly promoted herself as someone who could help borrowers obtain approval for the lines of credit by preparing their loan applications. The defendants allegedly prepared these loan applications which they falsified with faulty tax returns, bank statements, and personal financial statements. The defendants induced individuals with false claims and charged approximately 10% of each individual loan. The case is being prosecuted by Assistant U.S. Attorneys Roger Cruz and Richard Gregorie. Do You Need a Securities Fraud Lawyer? Hialeah Florida has scores of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Florida securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers Who Handle Securities Fraud Claims In Court and FINRA Arbitrations Throughout Hialeah Florida and Nationwide. Are you a Hialeah Florida investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Hialeah Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best attorneys to recover your investment losses for all types of stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in court and FINRA arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Hialeah Florida, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Hialeah Florida Residents In FINRA Arbitration Proceedings The Law Offices of Robert Wayne Pearce, P.A. are highly experienced trial lawyers who successfully handle securities law matters and investment disputes in court and FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA arbitrations serving Hialeah Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 23, 2020

Tampa, Florida FINRA 8210 Defense Lawyers

Did Neil James Buono Cause You Investment Losses? You may have read that Neil James Buono of Tampa, Florida was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because he failed to comply with FINRA Rule 8210. Neil James Buono joined Pruco Securities, LLC in March 2017, and registered as a Series 6 Investment Company and Variable Contracts Products Representative (IR). In October 2018  the firm filed a Uniform Termination Notice for Securities Industry Registration (Form U5) disclosing Buono’s voluntary resignation. According to the FINRA findings, Buono had allegedly created email accounts for two customers and signed their electronic signatures without their knowledge all while receiving unentitled compensation. FINRA then began an investigation regarding the allegations and sent multiple request to Buono to appear for on-the-record testimony. The findings stated that Buono later responded in an email that he acknowledged and received all the request and would not appear for the on-the-record testimony at any given time. Although Neil James Buono is no longer registered with any FINRA member firm, he remains subject to FINRA’s jurisdiction. FINRA Rule 8210 authorizes FINRA, for purposes of an investigation, complaint, examination, or proceeding authorized by the FINRA By-Laws or rules, to require a member, person associated with a member, or person subject to FINRA’s jurisdiction to provide information orally with respect to any matter involved in an investigation, complaint, examination or proceeding. Rule 8210 also specifies that no member or person shall fail to provide information or testimony pursuant to this rule. A violation of FINRA Rule 8210 also violates F1NRA Rule 2010. Do You Need a Florida FINRA Defense Attorney? Unfortunately, Neil James Buono might have avoided that FINRA 8210 bar from the securities industry with a skilled and experienced FINRA 8210 defense attorney. It is important, early on, to have a FINRA defense attorney advise you on how not to make matters worse and resolve the dispute with the least amount of sanctions which could range from censures to fines, suspensions, permanent bars, and/or referrals to federal or state prosecutors. You will need an experienced FINRA defense lawyer who not only has knowledge of FINRA rules and procedures, the securities laws and the appropriate sanction for the alleged misconduct but also has an excellent reputation and credibility with the FINRA attorneys to negotiate the best outcome. Free Initial Consultation With FINRA 8210 Defense Attorney Serving Financial Advisors Throughout Tampa, Florida And Nationwide The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in FINRA securities law matters and works tirelessly to secure the best possible result for you and your case. Attorney Pearce’s FINRA defense skills are highly regarded throughout Florida and across the nation.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of FINRA disputes serving Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889, or via e-mail. 

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Dec 23, 2020

Homestead Florida CFTC Commodities Law Defense Lawyer

Jeremy Globe of Homestead Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for making false statements to the National Futures Association (NFA). Mr. Globe told clients at Globe FX Club Inc. that their funds would be pooled and he would manage their accounts. These statements were found to be false by the CFTC and it was determined that Mr. Globe made false or fraudulent statements to the NFA while the NFA was investigating Globe FX Club Inc. In the court’s final judgment, Mr. Globe and his company were ordered by the CFTC to pay a $350,000 civil monetary penalty for concealing material facts and making false statements or misrepresentations to the National Futures Association. Mr. Globe and Globe FX Club Inc. were also permanently prohibited from violating the Commodity Exchange Act. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against Homestead Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Homestead Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Homestead Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Homestead Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Homestead Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 23, 2020

Margate Florida FINRA 8210 Defense Lawyers

John Pena of Margate Florida was sanctioned by the Financial Industry Regulatory Authority (FINRA) for accepting a client loan without his firm’s permission. Mr. Pena first became registered at the Concord Equity Group, LLC (CEG) as a General Securities Representative. FINRA found that Mr. Pena borrowed $20,000 from two customers without his firm’s approval. This was a direct violation of his employer member firm’s written procedures and NASD Rule 8210, NASD Conduct Rule 8210, and FINRA Conduct Rule 2010. According to FINRA, Mr. Pena failed to repay the loan, and when asked to provide documentation, Mr. Pena failed to timely and completely fulfill FINRA’s request. Mr. Pena agreed to settle the FINRA sanctions, without admitting or denying them, and was permanently barred from any association with any FINRA member. Do You Need a FINRA 8210 Attorney? You may have read that John Pena of Margate Florida was permanently barred by FINRA from working in the securities industry because he violated FINRA Rule 8210. He could have avoided that FINRA 8210 bar from the securities industry with a skilled and experienced FINRA 8210 defense attorney. My guess is that you are reading this article because you probably just received a letter from FINRA via certified mail that states: You are notified that the FINRA office is conducting an inquiry to determine whether violations of the federal securities laws or FINRA, NASD, NYSE, or MSRB rules have occurred. In the next paragraph, you are being requested, “Pursuant to FINRA Rule 8210,” to provide a slew of documents and/or to appear at a FINRA office to give “On-the-Record” testimony and then you read the warning: Under FINRA Rule 8210, you are obligated to respond to this request fully, promptly and without qualification.  You are also obligated to supplement or correct any response that you later learned to have been incomplete or inaccurate.  If you withhold any responsive documents or information, you must specifically identify what you are withholding and state the basis for your doing so.  Any failure on your part to satisfy these obligations could expose you to sanctions, including a permanent bar from the securities industry. To a FINRA registered representative, who has never received such a letter in their career, it can be intimidating and cause a great deal of anxiety.  You are probably asking yourself: Why did I get this letter? What does it mean to my career? What should I do or not do? First, you must not ignore the letter because if you do and are currently registered and still working with a broker dealer, you will be suspended, and if you still do not comply with the request, you will be permanently barred from working in the securities industry just like John Pena, above. Second, if you are still working for a brokerage firm, you must notify the firm and provide a copy of the FINRA letter to your immediate supervisor and/or compliance officer. Third, you will need advice from an experienced FINRA defense lawyer on how to respond to the FINRA inquiry and protect you from sanctions. If your employer is not going to supply legal counsel free of any conflict of interest or you are no longer registered and working for any firm, you will need to hire your own FINRA defense attorney. This FINRA letter marks the first stage and hopefully the last of any FINRA inquiry into a particular matter. At this point, you have not been accused of any violation of the law or any securities industry rule, and there will be no black marks on your FINRA record in the Central Record Depository (“CRD”) or on the FINRA BrokerCheck website. You want to keep it that way! As your FINRA defense lawyers, we will immediately reach out to FINRA, obtain a reasonable extension of time to comply with request for documents and/or date of your On-the-Record testimony to investigate the issue, and gather and review the information requested. We will determine the trigger event and/or nature of the inquiry, such as the following: Automated Surveillance Program flagging of potential insider trading, layering, algorithm gaming, wash sales, marking-the-close and open, front running, etc. Form U4 or U5 filing disclosing: customer complaints; arrests, criminal charges and convictions; Liens, Bankruptcies, and compromises with creditors; and/or outside business activities. Customer Complaints made directly to FINRA through its Hotline. Actions by or referrals from other regulatory agencies, like the SEC or state securities regulators. The less interaction you have with the FINRA investigator, and the more interaction your FINRA defense attorney has with the investigator the less harm you will inflict upon yourself. Sometimes the list of documents requested and/or questions asked are numerous and burdensome. Unfortunately, you simply cannot refuse to comply with the FINRA 8210 request and expose yourself to sanctions for non-compliance. As your FINRA defense lawyers, we will make sure that the FINRA investigator is not over-reaching and making unreasonable requests for documents, which you will have to supply; not only documents in your possession and custody, but you will also be required to supply documents within your “control,” such as bank statements and other records and/or tax returns in the files of your bank or accountant. As your FINRA defense attorneys, we will negotiate the scope of the document production with the investigator to ensure you are not being harassed by the regulator and producing only what is necessary for them to conduct their investigation. If you are being scheduled for an On-the-Record (“OTR”) examination, FINRA’s equivalent to a deposition without any rules, we will prepare you for the examination and advise you on your limited rights and how to answer the questions truthfully to lessen the consequences of your testimony. In the end, it is our goal as your FINRA defense lawyer to end the inquiry after the OTR in the shortest amount of time and at the least expense. Unfortunately, in many cases, the FINRA investigators and attorneys already have the evidence they need and determined that a...

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Dec 23, 2020

Sea Ranch Lakes Florida SEC Securities Law Defense Lawyer

Zachariah P. Zachariah of Sea Ranch Lakes Florida was accused by the United States Securities and Exchange Commission (SEC) of illegally buying and selling stocks in an insider trading scheme that included his brother and close friend. Dr. Zachariah, a cardiologist and former member of IVAX’s board of directors allegedly used confidential information about the pharmaceutical company for his personal gain, making nearly $540,000 in ill-gotten gains. According to the complaint, on several occasions, Mr. Zachariah personally not only took advantage of his position to make gains in stock, but tipped off his brother and close friend. According to Mr. Zachariah, the insider trading scheme began minutes after IVAX’s chairman announced in confidence that there was a strong likelihood that there was going to be an acquisition of IVAX by another pharmaceutical company. Minutes after the news, Mr. Zachariah allegedly bought $730,000 in IVAX stock. Mr. Zachariah was also accused of tipping off his brother and close friend in the pending deal. The SEC however, was unable to prove its allegations and after trial Mr. Zachariah was dismissed. Do You Need an SEC Defense Lawyer? The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Sea Ranch Lakes Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Sea Ranch Lakes Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Attorney Serving Sea Ranch Lakes Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Sea Ranch Lakes Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Altamonte Springs Florida SEC Securities Defense Attorney

Roderic Boling and his now ex-wife Anna Boling, of Altamonte Springs Florida, have allegedly orchestrated a scheme that defrauded thousands of investors. As part of what is a commonly known as a “pump and dump” scheme, Mr. Roderic and his wife allegedly made phony telemarketing calls that gave people the impression that homeowners received confidential information on the stock market. The scheme entailed Mr. Roderic going to a telemarketer and requesting him to send out his pre-recorded message made by Mrs. Roderic that would be sent only once per household and the message would only play if the call reached voicemail. The message, made by Mrs. Roderic, would give the impression that she called a friend when in actuality it was a stranger which she disclosed important stock information, leading people to think they got the inside scoop. Within days the price of the stock would double and Mr. Roderic would sell his stock and move on to a different company that he would “advertise” for. Mr. Roderic allegedly perpetrated the scheme for several companies with the stock symbols MAUG, IVFH, FGWC, PWRM, DNNI, and AMUT using the same method and making hundreds of thousands of dollars. The United States Securities and Exchange Commission (SEC) requested Mr. and Mrs. Roderic be permanently enjoined, pay full disgorgement of ill-gotten gains, as well as the maximum civil penalties. Mr. Boling was sentenced criminally for 25 years in prison with a fine of $5,000,000 and Anna Boling was sentenced to 3 years imprisonment with a $250,000 fine. Do You Need an SEC Defense Lawyer? The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Lawyer Handling Altamonte Springs Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Altamonte Springs Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Attorney Serving Altamonte Springs Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Altamonte Springs Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Boynton Beach Florida Investment Fraud Lawyer Who Represents Investors

Boynton Beach Florida resident Anthony F. Cutaia was sentenced to 51 months in prison followed by 3 years of supervised release for mail fraud in connection with a Ponzi scheme. Mr. Cutaia, who used to have his own television and radio program, was also the managing member and owner of CMG Property Investment Group, LLC, (CMG) which he used to draw in investors. Mr. Cutaia entered into Contract Participation Agreements with investors that stated money would only be used to purchase real estate contacts and that CMG would not collect any commissions or fees until property was sold and profit was made. Mr. Cutaia, however, invested little of investors’ money in real estate and instead used the money to make payments to pre-existing investors and for personal expenses. Do You Need an Investment Fraud Lawyer? We are top rated lawyers and highly ranked attorneys by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in court and securities arbitrations conducted by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Boynton Beach Florida investors. This state has hundreds of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Florida securities laws and FINRA rules and stock brokerage firms policies and procedures.  Experienced Attorneys With Investment Fraud Claims In Court and FINRA, AAA and JAMS Arbitrations Throughout Boynton Beach Florida and Nationwide. Are you a Boynton Beach Florida investor who has suffered significant losses your stock brokerage and investment accounts?  Did your Boynton Beach Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows the FINRA, AAA or JAMS rules and procedures inside and out and how to handle these FINRA, AAA or JAMS  arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and one of the best lawyers to recover your investment losses for all types of stockbroker misconduct in court and FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Boynton Beach Florida and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced Investment Fraud Attorneys Serving Boynton Beach Florida Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle securities law matters and investment disputes in court and FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an [attorney/lawyer] with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitrations serving Boynton Beach Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Cape Coral Florida Securities Arbitration Lawyer Who Represents Investors

A Cape Coral Florida couple recently pled guilty to a multimillion-dollar mortgage scheme. Ronald and Lisa Luczak made approximately $5.8 million by taking advantage of the housing market bubble. The couple purchased property and used “straw buyers” and other methods to inflate the value of properties to sell. The Luczak’s and their company, Cape Coral Equity and Development, obtained over $30 million from mortgages on at least 37 properties. Mr. Luczak pled guilty to one count of wire fraud, one count of money laundering, and one count of prohibiting monetary actions with an up to 50 year prison sentence, a $500,000 fine, supervised release, restitution, and property forfeiture. Mrs. Luczak pled guilty to one count of wire fraud facing up to a 20 year prison sentence and a $250,000 fine, supervised release, restitution, and property forfeiture. Do You Need a Securities Arbitration Lawyer? We are top rated lawyers and highly ranked attorneys by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in securities arbitrations conducted by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Cape Coral Florida investors. This state has hundreds of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Cape Coral Florida securities laws and FINRA rules and stock brokerage firms policies and procedures.  Experienced Attorneys With Investment Fraud Claims In Court and FINRA, AAA and JAMS Arbitrations Throughout Cape Coral Florida and Nationwide. Are you a [State] investor who has suffered significant losses your stock brokerage and investment accounts?  Did your Cape Coral Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows the FINRA, AAA or JAMS rules and procedures inside and out and how to handle these FINRA, AAA or JAMS  arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and one of the best lawyers to recover your investment losses for all types of stockbroker misconduct in court and FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Cape Coral Florida and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced FINRA, AAA and JAMS Securities Arbitration Attorneys Serving Cape Coral Florida Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced attorneys who successfully handle securities law matters and investment disputes in court and FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by a lawyer with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitrations serving Cape Coral Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Casselberry Florida SEC Securities Law Defense Attorney

Christel Scucci of Casselberry Florida was charged by the Securities and Exchange Commission (SEC) for being a part of a scheme that acquired billions of penny stocks that were never registered for sale to the public. According to the SEC, over a one-year period, Mrs. Scucci and the defendants sold approximately 3.3 billion shares of penny stocks netting more than $1.5 million from the sales. Mrs. Scucci allegedly conspired with her mother and an attorney to help sell stocks that were unregistered. Mrs. Scucci owned the fraud company, Protégé Enterprises, and her mother, creator and head of Capital Edge; they used “wrap around agreements” to obtain the unregistered stock and their attorney misled stock buyers by giving baseless opinions to transfer agents. In the court’s final judgment, Mrs. Scucci was permanently barred from participating in any offerings of penny stocks, ordered to pay disgorgement of $268,936.73, ordered to pay a civil penalty of $30,000. The court also ordered her company to pay $1,419,143.16 in disgorgement with a civil penalty of $52,000. Do You Need an SEC Defense Lawyer? The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Lawyer Handling Casselberry Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Casselberry Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Attorney Serving Casselberry Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Casselberry Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Chuluota Florida CFTC Commodities Law Defense Lawyer

John Wilkins of Chuluota Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for fraud, misappropriation, and making false statements to the National Futures Association. Mr. Wilkins, owner of Altamont Global Partners LLC (AGP), orchestrated a scheme that solicited over $13 million from nearly 200 commodity pool participants. Mr. Wilkins and other defendants misappropriated more than $5.2 million of pool participants’ funds and issued false statements to pool participants that showed profits in their accounts. The misappropriated funds were spread between the defendants to live a luxurious lifestyle. The court ordered that AGP pay $10,969,843 in disgorgement and Mr. Wilkins was ordered to pay disgorgement of $1,214,902. Mr. Wilkins was also ordered to pay a civil monetary penalty of $3,644,706 and was permanently banned from the trading and registration of securities. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against Chuluota Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Chuluota Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Chuluota Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Chuluota Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Chuluota Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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