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Tagged with "eccleston"

Conservation Easement Crackdown: Understanding IRS Enforcement and Investor Risk

Posted on November 13th, 2025 at 9:20 AM
Conservation Easement Crackdown: Understanding IRS Enforcement and Investor Risk

Conservation easements can serve as powerful legal tools that protect open land, preserve wildlife habitats, and offer legitimate tax benefits to property owners.

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Federal Judge Restrains Former UBS Advisors Amid Solicitation Dispute with Elevation Point

Posted on November 12th, 2025 at 9:28 AM
Federal Judge Restrains Former UBS Advisors Amid Solicitation Dispute with Elevation Point

A federal judge in Florida has approved a stipulated order restricting a $1.4 billion advisory team that left UBS Wealth Management USA for RIA Elevation Point from contacting certain clients.

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FINRA Bars Advisor Over Misuse of Client Funds and Not Cooperating

Posted on November 11th, 2025 at 9:35 AM
FINRA Bars Advisor Over Misuse of Client Funds and Not Cooperating

The Financial Industry Regulatory Authority (FINRA) has barred former Raymond James financial advisor Jose A. Gamez after he failed to appear for testimony in connection with allegations that he used client funds for personal purposes.

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FINRA Suspends Former Wells Fargo Broker Over Unapproved Real Estate Venture

Posted on November 7th, 2025 at 1:49 PM
FINRA Suspends Former Wells Fargo Broker Over Unapproved Real Estate Venture

The Financial Industry Regulatory Authority (FINRA) suspended former Wells Fargo broker George J. Cairnes for four months and fined him $25,000 for engaging in unapproved real estate outside business activity, according to a settlement letter issued.

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Former Ameriprise Broker Ordered to Pay $2.2 Million for Elder Exploitation

Posted on November 6th, 2025 at 3:23 PM
Former Ameriprise Broker Ordered to Pay $2.2 Million for Elder Exploitation

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Eric A. Dupre to pay nearly $2.2 million in damages to his former firm and two customers following allegations of theft and elder exploitation.

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Former Wells Fargo Representative Suspended for Unauthorized Texting and Obstruction

Posted on November 5th, 2025 at 3:20 PM
Former Wells Fargo Representative Suspended for Unauthorized Texting and Obstruction

The Financial Industry Regulatory Authority (FINRA) has suspended former Wells Fargo representative Eyan M. Townsend for one year and fined him $10,000 for using personal text messages to conduct business and attempting to obstruct an internal investigation by deleting those communications.

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FINRA Suspends Former Morgan Stanley Advisor Over $180,000 in Improper Transfers

Posted on November 4th, 2025 at 9:23 AM
FINRA Suspends Former Morgan Stanley Advisor Over $180,000 in Improper Transfers

The Financial Industry Regulatory Authority (FINRA) suspended former Morgan Stanley advisor C.J. Kline for two years and imposed a $5,000 fine for allegedly executing more than $180,000 in improper fund transfers between his personal and brokerage accounts.

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Former Florida Broker Pleads Guilty in $2.7 Million Investment Fraud and PPP Loan Scheme

Posted on November 3rd, 2025 at 9:53 AM
Former Florida Broker Pleads Guilty in $2.7 Million Investment Fraud and PPP Loan Scheme

Former Florida broker Jared Dean Eakes, 34, of Jacksonville, has pleaded guilty to wire and bank fraud in connection with a $2.7 million investment scam and a separate scheme involving over $4.75 million in fraudulent Paycheck Protection Program (PPP) loans, according to U.S. Attorney Gregory W. Kehoe for the Middle District of Florida.

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Department of Labor Sued Over Illegitimate Deferred Compensation Opinion Letter

Posted on October 31st, 2025 at 10:13 AM
Department of Labor Sued Over Illegitimate Deferred Compensation Opinion Letter

Three former Morgan Stanley advisors filed suit this week against the U.S. Department of Labor (DOL), claiming the agency exceeded its authority and was unduly influenced when it issued an advisory opinion that sought to undermine their deferred compensation claims.

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SEC Sues Former Franchise Group CEO Over $350 Million Hedge Fund Fraud

Posted on October 30th, 2025 at 2:32 PM
SEC Sues Former Franchise Group CEO Over $350 Million Hedge Fund Fraud

The Securities and Exchange Commission (SEC) filed a lawsuit against Brian Kahn, former CEO of Franchise Group Inc., alleging he defrauded investors of more than $350 million in a multi-year investment adviser fraud tied to the collapse of Prophecy Asset Management (Prophecy).

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LATEST NEWS AND ARTICLES

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

1783525964 Law
July 8, 2026
SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.

1783434190 Law
July 7, 2026
Private Credit Funds Face Mounting Redemption Pressure as Investor Sentiment Shifts

A surge in investor redemption requests has intensified pressure on private credit funds, raising concerns about liquidity and long-term stability across the asset class, as reported by The Wall Street Journal.