Tagged with "stock"

Illinois Investment Firm Owner Sentenced to Five Years for Ponzi-Scheme

Posted on November 14th, 2016 at 9:59 AM
Illinois Investment Firm Owner Sentenced to Five Years for Ponzi-Scheme

Stephen C. Browere, 57, of Geneva, Illinois, has been sentenced to five years in federal prison for using client money to purchase luxury items and to trade his own stock.

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Stockbroker Pleads Guilty in Securities Fraud

Posted on November 12th, 2016 at 9:00 AM
Stockbroker Pleads Guilty in Securities Fraud

A Boca Raton, Florida stockbroker named Gerald Cocuzzo who worked at Newbridge Securities Corporation, has pled guilty to participating in a $131 million securities fraud and could face up to 20 years in prison. 

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LATEST NEWS AND ARTICLES

April 25, 2024
B. Riley Financial Clears Air Amid Allegations, Stock Surges

Amidst swirling speculation regarding its connections with a client linked to the Prophecy Asset Management collapse, B. Riley Financial Inc. has conducted an internal
review, concluding no affiliations with the defunct hedge fund.

April 24, 2024
RIA Insurance Claims Skyrocket

A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.