Today, the SEC has brought charges against Joseph A. Padilla and Kevin C. Dills, both residents of California. The SEC’s lawsuit posits that Padilla orchestrated[...]
Broker / Advisor Investigations
The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against Josh S. Verne over allegations of orchestrating a fraudulent scheme worth approximately $30[...]
In a thought-provoking turn of events, two high-profile lawsuits involving art fraud draw attention to the issue of “best practices” in the art world. Adam[...]
Umpqua Bank, headquartered in Portland, Oregon, is facing accusations of assisting and participating in a large-scale Ponzi scheme. These allegations have led to a second[...]
A class action lawsuit against Eli Lilly & Company, based in Indianapolis, and Takeda Pharmaceuticals, a Japanese company, has recently been certified by a federal[...]
The U.S. Securities and Exchange Commission (SEC) has levied fraud charges against Sabby Management LLC, an investment advisory firm, and its managing partner, Hal D.[...]
The Securities and Exchange Commission (SEC) has taken legal action against Coinbase, Inc., accusing the company of operating its crypto asset trading platform without the[...]
The Securities and Exchange Commission (SEC) has taken legal action against Douglas McKelvey, a former financial advisor, for engaging in fraudulent activities by misappropriating over[...]
Investors of Professional Financial Investors (PFI) have filed a lawsuit against Umpqua Bank, accusing its Novato branch of willfully disregarding suspicious transactions and actively aiding[...]
Allegations have been made in a class action lawsuit that Chase Bank refuses to provide reimbursements for Zelle fraud cases. The lawsuit was filed by[...]