Gerald Allan Eaton, a former advisor at Commonwealth Financial Network, settled charges brought by the U.S. Securities and Exchange Commission (“SEC”).
Tagged with "Fraud"
Page 1 of 8
New Jersey Man Charged by SEC in Familiar Trading Fraud
Posted on September 11th, 2020 at 2:02 PM
The U.S. Securities and Exchange Commission (“SEC”) has charged RRBB Asset Management, LLC, (“RRBB”) and its president, Carl Schwartz, with fraud. RRBB is based in Maplewood, New Jersey.
SEC Charges Adviser with Fraud
Posted on September 9th, 2020 at 11:32 AM
The U.S. Securities and Exchange Commission (“SEC”) charged Sperry and Sons Capital Investments, LLC, and its principal, Kirk Sperry, with defrauding investors relating to a real estate investment project.
Adviser Charged with Fraud by the SEC
Posted on September 4th, 2020 at 11:03 AM
Steven Fitzgerald Brown, the CEO, president and sole owner of Alpha Trade Analytics, Inc., has been charged with fraud by the U.S. Securities and Exchange Commission (“SEC”).
The SEC Files Complaint Against Mark Boucher and Strategic Wealth Advisors Group Services
Posted on August 26th, 2020 at 3:18 PM
The U.S. Securities and Exchange Commission (“SEC”) charged advisor Mark J. Boucher and his company, Strategic Wealth Advisor Group Services, Inc., with fraud.
Former Georgia State Legislator Charged with Defrauding Investors
Posted on August 7th, 2020 at 9:28 AM
Clarence Dean Alford, former Georgia State Legislator, has been charged by the U.S. Securities and Exchange Commission (“SEC”) with defrauding investors. The alleged fraud steams from Allied Energy Services LLC, Alford’s now-bankrupt energy development company.
SEC Charges Victor Lee Farias with Fraud
Posted on August 3rd, 2020 at 4:24 PM
The U.S. Securities and Exchange Commission (“SEC”) filed charges against Victor Lee Farias and Integrity Aviation & Leasing, LLC, (“IAL”) alleging that Farias and IAL defrauded investors. According to the SEC, many of Farias’ victims are retired San Antonio police officers.
Former Morgan Stanley Advisor Pleads Guilty to Fraud
Posted on July 22nd, 2020 at 4:05 PM
Michael Barry Carter, a former advisor at Morgan Stanley, pleaded guilty to federal charges of wire fraud and investment advisor fraud. According to the United States Department of Justice (“DOJ”), Carter stole more than $6 million over a period of almost 12 years. The DOJ said that most of Carter’s victims were senior investors.
UBS Sued for Alleged Failure to Supervise Fraud
Posted on May 29th, 2020 at 11:40 AM
UBS has been sued by two theater production companies, Player to be Named Later and Smokey Joe’s Café Broadway Revival, which alleged that the bank’s negligence allowed the theater companies to be defrauded. According to the Complaint filed in federal court, UBS breached its fiduciary duty and was guilty of negligent supervision.
SEC Charges Three with Fraud Related to Oil Drilling Promises
Posted on May 19th, 2020 at 3:23 PM
The U.S. Securities and Exchange Commission (“SEC”) filed a Complaint against Paul R. Montgomery, Jr., Michael D. Fisher and James H. Willingham, Jr. (collectively “Defendants”), alleging that Defendants committed fraud in connection with the sale of joint venture interests in two oil and gas projects. According to the SEC, Defendants told investors that new oil and gas wells would be drilled and existing wells would be reworked as part of Navarro Phase I project and Seguin Development Phase II project. The SEC alleged that Defendants promised investors 32% returns on their investment.
Page 1 of 8