A former investment adviser at a large financial institution, Darryl Matthew Cohen, has been charged by the Securities and Exchange Commission (SEC) for misappropriating more than $1 million from three current and former NBA players over a period of two and a half years. The SEC's complaint alleges that Cohen used client funds for personal [...]

The Securities and Exchange Commission (SEC) has charged Scott Hollender, Gabriel Migliano Jr., and Frank Vecchio for illegally selling interests in shares of pre-IPO companies on behalf of StraightPath Venture Partners LLC without being registered as broker-dealers. The three defendants are also accused of misleading investors about the fees involved in these investments. Previously, the [...]

Financial advisor forgery cases are unfortunately not uncommon in the financial industry. These cases typically involve an advisor forging a client's signature or creating a fake document in order to carry out unauthorized transactions. In this blog post, we will explore a typical financial advisor forgery case, the consequences for the advisor, and what investors [...]

FINRA (Financial Industry Regulatory Authority) is a self-regulatory organization that oversees the brokerage industry in the United States. Customers can bring various types of claims in a FINRA arbitration, including:Breach of Contract: This claim arises when a customer believes that a brokerage firm or broker has breached a contract, such as failing to follow the [...]