Tag Archives: Florida Investment Fraud
FINRA Arbitration Panel Awards Florida Investor $90,000 in Inadequate Supervision Claim
Recently, a FINRA arbitration panel in Orlando, Florida ruled in favor of a Florida investor in a negligence claim. The respondents in the case were Vanguard Capital (CRD#: 22081) and its broker Aaron Christopher Ray (CRD#: 4613258). Mr. Ray served at the firm from 2004 to 2016 and was based at a branch office… Read More »
SEC Files Civil Investment Fraud Charges Against Delray Beach, Florida Executive
On May 16th, 2018, the Securities and Exchange Commission (SEC) announced investment fraud charges against Brent Borland. Mr. Borland has a residence in Manhattan, New York and a second residence in Delray Beach, Florida. According to investigators, Mr. Borland misappropriated nearly $6 million in investor funds. While investors were informed that their money was… Read More »
Barred Florida Broker Was Selling Loans for Woodbridge Wealth
Barry Michael Kornfield (CRD#: 1490377), a registered broker who was most recently employed by Brookstreet Securities Corporation at an office in Coral Springs, Florida, was permanently barred from the securities industry in 2010. This FINRA enforcement action came after the Securities and Exchange Commission (SEC) charged Mr. Kornfield, and nine other brokers, with fraud… Read More »
Florida Broker Suspended for Eighteen Months for Undisclosed Outside Business Activities
Recently, FINRA’s Department of Enforcement announced an eighteen month suspension of William Campbell Webb (CRD# 1621426), a Florida broker who was most recently employed at the Panama City office of Raymond James & Associates. Mr. Webb was also assessed a deferred fine of $15,000 for his misconduct. The case against Mr. Webb involved multiple,… Read More »
