Category Archives: Securities Fraud
Broker Barred for Failure to Cooperate With FINRA Investigation
Scott Jay Matalon (CRD #4637378) is a previously registered securities broker and investment adviser. Most recently, Mr. Matalon was a representative for RBC Capital Markets, LLC (2019 to 2021). Prior to that, he served as a registered representative for Ameriprise Financial Services (2013 to 2019). FINRA lists him as a resident of Boynton Beach,… Read More »
SEC Issues Largest Ever Whistleblower Award—More Than Double the Previous Top Award
In May of 2023, the Securities and Exchange Commission (SEC) officially announced the largest whistleblower award in the history of the program. At $279 million, the SEC whistleblower award is more than twice as high as the previous record, which was in October of 2020. Here, our Florida securities law whistleblower attorney explains what… Read More »
SEC Charges Florida Man As Part Of $60 Million Investment Fraud Case
On May 23rd, 2023, the Securities and Exchange Commission (SEC) officially announced the shutdown of a company called “WeedGenics”—a $60 million cannabis-related securities offering. Securities fraud charges have been filed against the company—and its owners Rolf Max Hirschmann and Patrick Earl Williams—for allegations of a “Ponzi-like” investment fraud scheme. In this post, our Miami… Read More »
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 »
Miami Beach, FL Broker Barred For Failure To Cooperate Into Investigation Into Private Securities Transactions
Candido Jose Viyella (CRD #1829255) is a formerly registered securities broker and financial professional. From June of 2009 through December of 2020, Mr. Viyella was a registered representative of Morgan Stanley in Miami, Florida. In May of 2021, this broker was barred from the securities industry after declining to cooperate with a FINRA inquiry… Read More »
Federal Regulators Halt South Florida Investment Scheme
On February 26th, 2019, the Securities and Exchange Commission (SEC) announced investment fraud charges and an asset freeze against two Florida men and one Florida company. The defendants include: Jonathon Turner (aka Jon Barri Brothers) of South Florida; Norman Strell of South Florida; and Castleberry Financial Services Group, LLC, a Wellington, FL-based investment company…. Read More »
FINRA Complaint: Florida Brokers Exploited Elderly Investor
On December 21st, 2018, the Financial Industry Regulatory Authority (FINRA) filed a complaint against two south Florida brokers: Ami Kathryn Forte (CRD No. 2457536) and Charles Joseph Lawrence (CRD No. 3131566). Both Ms. Forte and Mr. Lawrence served as representatives of Morgan Stanley in Palm Harbor, Florida from 2009 to 2016. During their time… Read More »
Fort Lauderdale Securities Broker Sentenced to Six Years in Prison
On December 4th, 2018, the United States Attorney’s Office for the Southern District of Florida announced that Salvatore Colonna — a former Fort Lauderdale-based investment broker — has been sentenced to six years in prison for his role in a multimillion dollar securities fraud scheme. In connection with the case, former securities broker Salvatore… Read More »
South Florida Broker Suspended for Eight Months for Unsuitable Investment Recommendations
David H. Fagenson (CRD#: 1652012) is an actively registered securities broker and investment advisor. Since December of 2016, Mr. Fagenson has been employed at Newbridge Securities Corporation in Boca Raton, Florida. Previously, this representative was also associated with UBS Financial Services (2010 to 2016) and Merrill Lynch (2004 to 2010). On November 21st, 2018,… Read More »
SEC Charges Two Florida Men, Florida Company in Penny Stock Fraud Allegedly Targeted at Senior Investors
On November 15th, 2018, the Securities and Exchange Commission (SEC) filed a complaint in the United States District Court for the Eastern District of New York against five individuals. Several companies were also listed in the complaint. Specifically, securities fraud charges were brought against: Mark Burnett of Rosslyn, New York Jeffrey Miller of Bellmore,… Read More »
