Tagged with "eccleston"

FINRA Issues Wells Notice to Advisor Austin Dutton

Posted on April 4th, 2024 at 1:14 PM
FINRA Issues Wells Notice to Advisor Austin Dutton

Austin Dutton, a seasoned Philadelphia-area advisor, received a Wells Notice from the Financial Industry Regulatory Authority Inc. (FINRA).

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Former Advisor Awarded $147,000 in Morgan Stanley Dispute Over Congressional Run

Posted on April 3rd, 2024 at 3:18 PM
Former Advisor Awarded $147,000 in Morgan Stanley Dispute Over Congressional Run

In a recent arbitration decision, FINRA ordered Morgan Stanley to pay $147,000 in damages to Deborah Adeimy, a former advisor from Florida.

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FINRA Charges Multiple Firms for Communication Failures

Posted on April 2nd, 2024 at 10:04 AM
FINRA Charges Multiple Firms for Communication Failures

FINRA has penalized several broker-dealers and investment advisors for widespread and longstanding failures to maintain and preserve electronic communications, including WhatsApp messages and texts.

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FINRA Charges Advisor for Illicit Commissions Linked to Unregistered Advisor

Posted on April 1st, 2024 at 9:53 AM
FINRA Charges Advisor for Illicit Commissions Linked to Unregistered Advisor

The Financial Industry Regulatory Authority Inc. (FINRA) has taken action against a California broker, Daniel Beech, allegedly for funneling $900,000 in commissions to an unregistered financial advisor.

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FINRA Sanctions Advisor for Unapproved Fundraising Activities Following Approved OBA

Posted on March 28th, 2024 at 1:07 PM
FINRA Sanctions Advisor for Unapproved Fundraising Activities Following Approved OBA

The Financial Industry Regulatory Authority (FINRA) has levied a $15,000 fine and a 21-month suspension against a former advisor, Jeffrey W. Davidson, based in Austin, Texas. Davidson engaged in fundraising activities that raised over $10 million for a fitness company owned by him and his wife.

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FINRA Sanctions Advisor for Signature Falsifications

Posted on March 27th, 2024 at 2:10 PM
FINRA Sanctions Advisor for Signature Falsifications

A 46-year industry veteran from Braintree, Massachusetts, Timothy W. Leveroni, has settled a disciplinary matter by the Financial Industry Regulatory Authority (FINRA) for falsifying signatures, per a settlement agreement known as an Acceptance Waiver and Consent (“AWC”).

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SEC Accuses Former Morgan Stanley Advisor of Defrauding Clients

Posted on March 26th, 2024 at 4:32 PM
SEC Accuses Former Morgan Stanley Advisor of Defrauding Clients

The Securities and Exchange Commission (SEC) has filed fraud charges against Jesus Rodriguez, accusing him of misappropriating nearly $3.5 million from at least 10 brokerage account holders and advisory clients.

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Attorney Eccleston Receives Martindale-Hubbell 2024 Judicial Edition Recognition

Posted on March 25th, 2024 at 3:56 PM
Attorney Eccleston Receives Martindale-Hubbell 2024 Judicial Edition Recognition

Attorney James Eccleston recently received the highest possible Martindale-Hubbell AV rating in their 2024 Judicial Edition. 

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J.P. Morgan Securities Settles $18 Million SEC Case Over Whistleblower Violations

Posted on March 25th, 2024 at 3:31 PM
J.P. Morgan Securities Settles $18 Million SEC Case Over Whistleblower Violations

J.P. Morgan Securities faced a significant penalty as it settled charges brought by the Securities and Exchange Commission (SEC) regarding actions that hindered clients from reporting potential securities law violations.

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Chicago FINRA Arbitrators Award Ten Former Financial Advisors Over $3 Million For Forfeited Deferred Compensation Damages, Interest and Attorneys’ Fees

Posted on March 25th, 2024 at 9:17 AM
Chicago FINRA Arbitrators Award Ten Former Financial Advisors Over $3 Million For Forfeited Deferred Compensation Damages, Interest and Attorneys’ Fees

Ten former Morgan Stanley financial advisors have been awarded over $3 million related to the firm’s wrongful forfeiture of the advisors’ deferred compensation.

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LATEST NEWS AND ARTICLES

February 12, 2026
CFTC Signals New Rulemaking for Prediction Markets and Crypto Oversight

The Commodity Futures Trading Commission (CFTC) plans to develop new regulations governing the growing prediction markets industry, Chairman Michael Selig announced, signaling a shift in regulatory strategy.

February 11, 2026
Ameriprise Advisor Phishing Incident Potentially Exposes Client Data

A phishing incident involving an Ameriprise Financial advisor potentially exposed the personal information of hundreds of clients, according to a disclosure posted by the Maine Attorney General’s office.

February 10, 2026
Merrill Lynch Expands Client Disclosures on Crypto and AI Risks

Merrill Lynch updated its required client disclosure brochure to address, for the first time, the evolving risks tied to cryptocurrency-linked investments and the firm’s expanding use of Artificial Intelligence tools.