A class action lawsuit related to GPB investments has been largely dismissed by a federal court in New York.
A class action lawsuit related to GPB investments has been largely dismissed by a federal court in New York.
Cetera Advisor Networks LLC, Cetera Advisors LLC, and Cetera Financial Specialists LLC (collectively the “Cetera Firms”) agreed to pay a fine of $1 million to settle allegations made by FINRA Enforcement.
Former CFG Capital Markets (“CFGCM”) CEO and Executive Managing Director, Kevin Rast, has agreed to pay a $7,500 fine and serve a four-month suspension from association with any FINRA member firm in any capacity.
Massachusetts state securities regulators filed an administrative complaint against Robinhood Financial, LLC (“Robinhood”).
In an Investor Alert email sent out on December 14, the U.S. Securities and Exchange Commission (“SEC”) warned of an increase in investment scams related to COVID-19.
Aroldis Chapman, pitcher for the New York Yankees, is suing his former financial advisor, Pro Management Resources, alleging that the firm stole $3 million from him.
Infinity Financial Services has agreed to pay a $35,000 fine to settle allegations made by the Financial Industry Regulatory Authority (“FINRA”).
BlueCrest Capital Management has agreed to pay $170 million to settle allegations from the U.S. Securities and Exchange Commission (“SEC”) that the firm misled investors.
Merrill Lynch has agreed to pay a $2 million fine and $24.3 million in reimbursement to clients to settle an action brought by the New Hampshire Bureau of Securities Regulation.