Blog Posts in November, 2018
Posted on Nov 29, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA barred broker Frank Roland Dietrich for his participation in a massive $1.2 billion Ponzi scheme related to investments in the Woodbridge Group of Companies, disciplining the former Quest ...
Continue reading "Frank Dietrich Cited for Selling $10.8 Million in Investments in Woodbridge Group of Companies Ponzi Scheme" »
Posted on Nov 27, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA fined and suspended former JP Morgan (Culver City and Santa Monica, CA branches) broker Hector Villalta for engaging in an outside business activity without prior written notice to or approval ...
Continue reading "Terminated JP Morgan Broker Hector Villalta Sanctioned for Unapproved Outside Business Activity" »
Posted on Nov 23, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA barred former National Securities Corporation (San Diego) broker Kyle Patrick Harrington for allegedly trying to obstruct FINRA and firm investigations into allegations that he converted ...
Continue reading "San Diego "Financial Whiz of Local Airwaves" Kyle Harrington Barred After Conversion, Undisclosed Private Securities Transaction Investigations" »
Posted on Nov 20, 2018 By The Law Offices of Jonathan W. Evans & Associates
After Chino, California police arrested Robert Lee Basile for stealing $130,000 from his elderly mother's brokerage account, FINRA barred the former Waddell & Reed and Park Avenue Securities ...
Continue reading "Robert Basile Arrested, Barred For Stealing $130,000 from Elderly Client-His Mother" »
Posted on Nov 14, 2018 By The Law Offices of Jonathan W. Evans & Associates
Michael Scott Livermore's 23-year career with Merrill Lynch in Stockton, California came to an abrupt end earlier this year when the firm discharged him for failing to timely disclose reportable ...
Continue reading "Michael Scott Livermore Sanctioned for Failing to Report Felonies" »
Posted on Nov 13, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA fined Luke Andrew Powell for participating in private securities transactions totaling $350,000 without providing proper written notice to his firm, Flying Cloud Securities of San Francisco, ...
Continue reading "Luke Powell Sanctioned for Unauthorized Participation in $350,000 Private Securities Transactions" »
Posted on Nov 9, 2018 By The Law Offices of Jonathan W. Evans & Associates
Using Morningstar Direct data, Financial-Planning released a list of the 20 worst-performing actively managed mutual funds in the industry over the past three years, finding that a combination of high ...
Continue reading "Morningstar's List of 20 Worst Performing Active Mutual Funds" »
Posted on Nov 6, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA fined and suspended Michael Eugene Heath, formerly of First Allied Securities of Ladera Ranch, California, for using an unapproved, personal e-mail account to communicate with customers about ...
Continue reading "Michael Heath Sanctioned for Personal E-mails, Communications in Violation of First Allied Securities Policies" »
Posted on Nov 3, 2018 By The Law Offices of Jonathan W. Evans & Associates
The US District Court for Colorado sentenced former LPL Financial representative Sonya Delora Camarco to 20 years in prison for stealing several millions of dollars from clients between 2013 and 2017 ...
Continue reading "LPL Ex-Broker Sonya Camarco Sentenced to 20 Years for Stealing Client Funds, Fraud" »
Posted on Nov 2, 2018 By The Law Offices of Jonathan W. Evans & Associates
FINRA barred former Signator Investors Inc. broker David Carl Ferwerda for failing to cooperate with its investigation into the $1.2 billion Ponzi scheme concerning the Woodbridge Group of Companies, ...
Continue reading "David Ferwerda Barred in Woodbridge Ponzi Scheme, 1 Global Capital Fraud Investigation" »