Category Archives: Financial Advisor Fraud
SEC Charges Financial Advisor With Misappropriating More Than $1 Million From NBA Players
On March 23rd, 2023, the Securities and Exchange Commission (SEC) announced securities fraud charges against a former investment advisor Darryl Matthew Cohen (CRD#: 2786613). Mr. Cohen is accused of defrauding former NBA players out of more than $1 million. Notably, this financial advisor was barred by FINRA in December of 2021 for violation of… 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 »
Four Investment Entities Charged In Relation To $2.6 Million Securities Fraud Scheme In Florida
On September 1st, 2022, the Securities and Exchange Commission (SEC) announced securities fraud charges against four different investment entities: Archer Capital Management Group; Archer Growth Fund; HDR Management LLC; and Silvermoon Group LLC. In this blog post, our Miami financial advisor fraud lawyer puts together a detailed overview of the latest information contained in… Read More »
Litigation Update: SEC Charges Two In South Florida With Acting As Unregistered Brokers
On April 14th, 2022, the Securities and Exchange Commission (SEC) announced securities fraud charges against two Southeast Florida men who allegedly acted as unregistered brokers. Joseph Salvatore DeVito and Dean Anthony Esposito—both of Boca Raton, FL—stand accused of acting as unregistered brokers and soliciting investments in unregistered securities offerings. In this article, our Miami… Read More »
