Recent Blog Posts
SEC Charges Florida Resident With Penny Stock Fraud Aimed at Senior Citizen Investors
On September 29th, 2020, the Securities and Exchange Commission (SEC) announced charges against three Florida residents. According to allegations raised by the federal agency, Mason Newman, Christian Baquerizo, and Kevin Cardenas defrauded elderly investors out of nearly $1.5 million in an unregistered penny stock scheme. In this post, our Miami elder investment fraud attorneys… Read More »
Florida Broker Barred After Refusing to Cooperate With an Investigation Into Allegations of Improper Borrowing from Senior Investor
Jean Connell Hicks (CRD #1005922) is a former licensed securities broker. From May of 2005 until July of 2020, she served as a representative for Fortune Financial Services, Inc. During this time, she was located at a branch office in St. Petersburg, Florida. Ms. Connell Hicks also has more than two decades of previous… Read More »
FINRA Complaint: Fort Lauderdale Financial Advisor Accused of Churning, Unsuitable Investments
Bryan G. Mazliach (CRD No. 5518438) is a previously registered FINRA broker. From January of 2015 to September of 2017, Mr. Mazliach was a representative of Laidlaw & Company. Subsequently, he worked as a financial advisor for Westpark Capital. At both firms, Mr. Mazliach was based at a branch office in Fort Lauderdale, Florida…. Read More »
Securities and Exchange Commission Awards More than $2.5 Million to Joint Whistleblowers
On September 1st, 2020, the Securities and Exchange Commission (SEC) released a public statement confirming that more than $2.5 million in compensation has been awarded to joint whistleblowers. The award is the 92nd in the history of the program. Approximately $510 million in whistleblower compensation has now been awarded by the agency. This whistleblower… Read More »
SEC Halts Florida’s Financial Advisor’s Fraudulent Securities Offering
On August 26th, 2020, the Securities and Exchange Commission (SEC) published a public announcement stating that emergency regulatory action against a South Florida financial advisor and his investment entity. According to allegations raised by the agency, Coral Gables Asset Management LLC and its owner David C. Coggins defrauded investors. Below, our South Florida securities… Read More »
Broker With Ties to Florida Fined and Suspended for Unauthorized Trades
Sylvester Knox (CRD#: 1625705) is a previously registered broker and actively registered investment advisor (RIA). From August of 2000 to February of 2017, Mr. Knox was employed at Merrill, Lynch, Pierce, Fenner & Smith. Subsequently, he served as a representative for FSC Securities Corporation. In March of 2018, Sylvester Knox was sanctioned by the… Read More »
Florida Broker Fined and Suspended for Selling Away From Member Firm
Jason Nicholas Dukas (CRD #4188239) is a registered broker and investment adviser in Florida. From August of 2011 to July of 2017, Mr. Dukas was employed by Wells Fargo Clearing Services. Since August of 2017, he has been a representative of Stifel, Nicholas & Company Incorporated. In May of this year, FINRA fined this… Read More »
SEC Charges a Florida Resident in Connection to $18.5 Million Securities Fraud Scheme
On July 24th, 2020, the Securities and Exchange Commission (SEC) announced securities fraud charges against Trustify Inc. and its founder Daniel K. Boice. Mr. Boice currently resides in Nassau County Florida. According to federal regulators, the company raised more than $18.5 million from at least 90 different corporate and individual investors on false pretenses…. Read More »
SEC Files Investment Fraud Charges Against a Wind Company in South Florida Federal Court
On July 14th, 2020, the Securities and Exchange Commission (SEC) announced investment fraud charges against Thunderbird Power Corp., an Arizona-headquartered wind power company. According to the allegations raised in the South Florida federal court, the company defrauded investors out of more than $1.9 million through the sale of unregistered securities. Here, our Miami investment… Read More »
SEC Awards Nearly $4 Million in Compensation to Whistleblower to Securities Industry Insider
On July 14th, 2020, the Securities and Exchange Commission (SEC) confirmed that the agency has awarded $3.8 million to a whistleblower who helped by providing critically important information to federal regulators. The SEC notes that the whistleblower’s disclosures both disrupted an ongoing fraud scheme and helped bring enforcement action that recovered millions of dollars… Read More »
