Author Archives: Staff
Florida Broker Barred For Failure To Cooperate With FINRA’s Investigation Into Complaint By Investor
Hans Patrick Kulicke Eveillard (CRD #7190141) is a previously registered securities broker. From September of 2020 to July of 2021, Mr. Eveillard was a representative of Northwestern Mutual Investment Services in Sarasota, Florida. Recently, he was suspended from the securities industry by FINRA for failure to cooperate with an investigation into an ongoing customer… Read More »
SEC Charges Miami Investment Advisor And Company In Fraud Scheme
On January 18th, 2023, the Securities and Exchange Commission (SEC) confirmed emergency enforcement action, obtaining an asset freeze against Miami financial advisor Jack C. Ridall and investment firm Guss Capital, LLC. The SEC alleges that Mr. Ridall and the firm took in approximately 750,000 from at least four different investors on fraudulent grounds. An… Read More »
SEC Awards More Than $5 Million To Whistleblower
On January 13th, 2023, the Securities and Exchange Commission (SEC) announced that more than $5 million had been awarded to a whistleblower. The whistleblower came forward and voluntarily provided useful information that aided the SEC in taking enforcement action to stop securities fraud. Notably, a second claimant was denied compensation in the same case…. Read More »
Florida Broker Fined, Suspended For Undisclosed Private Securities Transactions
Clinton F. Byrd (CRD#: 4673625) is a previously registered investment advisor and broker. From August of 2007 to June of 2021, Mr. Byrd was a representative of Cantella & Co. Inc, a brokerage firm in Tallahassee, Florida. In 2021, this broker was discharged from that firm after confidence was lost because of a failure… Read More »
Former SPAC CFO Charged In Connection To Multi-Million Dollar Securities Fraud Scheme
On January 3rd, 2022, the Securities and Exchange Commission (SEC) officially announced securities fraud charges against Cooper J. Morgenthau, the former Chief Financial Officer (CFO) of a company called African Gold Acquisition Corp. The investment entity was organized as a special purpose acquisition company (SPAC). In total, the SEC alleges that investors were defrauded… Read More »
SEC Secures Eight Figure Judgment Against Unregistered Penny Stock Dealer In Florida
On December 21st, 2022, the Securities and Exchange Commission (SEC) published an official litigation release announcing that an eight figure judgment has been obtained against a penny stock dealer in Florida. Justin W. Keener—who did business as JMJ Financial—has been ordered to pay $10.2 million. Below, our Miami penny stock fraud attorneys discuss the… Read More »
SEC Charges Four Individuals With Cryptocurrency Scheme Targeted At Spanish-Speaking Investors, Including In Florida
On December 14th, 2022, the Securities and Exchange Commission (SEC) charged four people as part of a cryptocurrency securities fraud scheme that was allegedly targeted at Spanish-speaking investors, including investors in Florida. The following individuals were named as part of the nearly $10 million investment fraud scheme: Francisley Valdevino Da Silva; Juan Antonio Tacuri… Read More »
FINRA Arbitration Panel: Morgan Stanley Liable For More Than $11.6 Million In Damages
On December 1st, 2022, a FINRA Arbitration Panel in Tampa, Florida awarded more than $11.6 million in damages to claimants (Case Number: 21-02127). Morgan Stanley—that national brokerage firm headquartered in Westchester County, New York—was the respondent in the case. The firm was found liable for unauthorized sales and transactions of certain securities. Here, our… Read More »
$20 Million Awarded To Whistleblower By SEC
On November 28th, 2022, the Securities and Exchange Commission (SEC) announced that $20 million is being awarded to a whistleblower who provided “critical information” that led to successful enforcement action. Notably, there were two separate claimants who sought whistleblower compensation in this case. The second claimant was denied. Here, our Miami SEC whistleblower lawyer… Read More »
Florida Broker Fined, Suspended For Improperly Authorizing Discretion In Customer Account
John Charles Barnes (CRD #862738) is an actively registered FINRA broker and registered investment adviser (RIA). Since 2019, Mr. Barnes has served as a financial representative of Wilmington Capital Securities, LLC in Naples, Florida. Previously, he was associated with RBC Capital Markets, LLC (2006 to 2019), also in Naples, FL. In September of 2022,… Read More »
