Recent Posts in Private Placements Category
Posted on Apr 28, 2013 By Michael Edmiston
FINRA suspended former Private Asset Group, Inc. principal Daryl Marc Holzberg of Tustin Ranch, California for failing to respond to several red flags indicating increased risks associated with ...
Continue reading "aryl Marc Holzberg Suspended for Failure to Adequately Supervise, Respond to Red Flags" »
Posted on Apr 23, 2013 By Michael Edmiston
FINRA barred former MML Investor Services, Inc. broker Benjamin Martin Feibish after discovering that Feibish had developed a scheme with the goal of misappropriating more than $5 million from an ...
Continue reading "Martin Benjamin Feibish Barred For Scheming to Misappropriate Over $5 Million From Elderly Customer Through Fake Investment Vehicles and Forgery" »
Posted on Mar 24, 2013 By Michael Edmiston
According to Nathaniel Popper of The New York Times, investment firm LPL Financial has ratcheted up a sequence of problems with multiple securities regulators LPL is not unique nor alone in its ...
Continue reading "LPL Financial Firm Under Fire and On Radar with Several Securities Regulators" »
Posted on Mar 20, 2013 By Michael Edmiston
FINRA barred Jane Elizabeth O'Brien after she allegedly borrowed $3 million from clients without permission from and without the knowledge of either of her two employing firms, Citigroup Global ...
Continue reading "Jane Elizabeth O'Brien Barred for Unauthorized $3 Million Loans, Failure to Repay Clients, Alleged Securities Fraud" »
Posted on Jan 22, 2013 By Michael Edmiston
FINRA has barred the former President of The Patriot Group Securities James Charles Allen after investigators determined Allen negligently allowed misleading investment documents to be distributed ...
Continue reading "James Charles Allen Barred for Failure to Cooperate with Investigation into Material Misrepresentations and Omissions Regarding Oil and Gas Offerings" »
Posted on Jan 16, 2013 By Michael Edmiston
The Financial Industry Regulatory Authority suspended Doran Lynn Follis of Huntington Beach, California, through March 3, 2013 for allegedly failing to conduct adequate due diligence in regards to a ...
Continue reading "Doran Lynn Follis Suspended for Inadequate Due Diligence, Improper Recommendations" »
Posted on Oct 12, 2012 By Michael Edmiston
The Financial Industry Regulatory Authority suspended Ralph Thomas Gannett, most recently of Independent Financial Group, LLC, for effecting inappropriate sales of a private placement offering to ...
Continue reading "Ralph Thomas Gannett Suspended for Inadequate Due Diligence Related to Private Placement Sale" »
Posted on Aug 20, 2012 By Michael Edmiston
The Financial Industry Regulatory Authority (FINRA) suspended broker Craig Lamont Miller of Austin, Texas and fined him $5,000 for engaging in an recommending and selling a security outside of the ...
Continue reading "FINRA Fines & Suspends Craig Lamont Miller for Improper Recommendations Outside of Firm" »
Posted on Aug 11, 2012 By Michael Edmiston
The Financial Industry Regulatory Authority (FINRA) fined registered principal Christipher Lynn Belonge $54,819 and suspended Belonge until September 6, 2012 for failure to supervise representatives ...
Continue reading "Christipher Lynn Belonge Fined Over $50,000 & Suspended for Inadequate Supervision Resulting in Significant Investment Losses" »
Posted on Jul 10, 2012 By Michael Edmiston
Broker-dealer Tony Thompson of Thompson National Properties LLC (TNP) temporarily suspended private placement interest payments, leaving hundreds of investors out in the cold until at least 2013. The ...
Continue reading "Real Estate Broker Tony Thompson Suspends Interest Payments to Investors" »