Dec 11, 2020

Viera Florida SEC Securities Law Defense Attorney

Kevin Walsh of Viera Florida was charged by the Securities and Exchange Commission (SEC) for being part of a fraudulent variable annuity investment scheme that preyed upon senior citizens. Mr. Walsh was a representative of Prime Capital Services, Inc. (PCS), licensed to sell securities, when he allegedly misrepresented and failed to disclose vital parts of clients’ variable annuity investments. Over more than a five-year period, Mr. Walsh and other PCS representatives preyed on senior citizens falsely representing the investment, as well as their commission, making more than $5 million from approximately 20 investors. In the Court’s Final Judgment, Mr. Walsh was permanently barred from association with any broker dealer or investment advisor, ordered to disgorge $24,790, and ordered to pay a civil penalty of $130,000. Do You Need an SEC Defense Lawyer? The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Viera Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Viera Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Lawyer Serving Viera Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Viera Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 11, 2020

Delray Beach Florida Securities Fraud Attorney Who Represents Investors

Did David Harrold Cause You Investment Losses? David W. Harrold of Delray Beach Florida, Bruce F. Prevost of Palm Beach Gardens, Florida and a business associate were convicted for lying to investors about hedge fund investments with Petters Company Inc. (PCI). The defendants told investors that PCI used investors’ funds to buy electronics and consumer goods for resale to Sam’s Club and Costco. However, no merchandise was purchased and Thomas Petters pocketed hundreds of millions of dollars. Mr. Petters committed a $3.65 billion Ponzi scheme (the third largest hedge fund fraud case in U.S. history) and is now serving a 50 year prison sentence. Mr. Harrold and Mr. Prevost allegedly conspired with Mr. Petters by making “material misrepresentations and concealed material information about PCI investments” in order to get investors to purchase securities. Investors were falsely assured that “when a retailer purchased consumer electronics or other goods from PCI, those products were paid for by the retailer with funds deposited directly in the bank under the control of Harrold Prevost.” However, Mr. Harrold and Mr. Prevost knew all the time the retailers never made any payments. Mr. Prevost was sentenced to seven and one half years in federal prison and Mr. Harrold was sentenced to five years. Do You Need a Securities Fraud Lawyer? We are top rated lawyers and highly ranked attorneys by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in investment fraud cases in court, by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Delray Beach Florida investors. This state has thousands of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Florida securities laws and FINRA rules and stock brokerage firms policies and procedures.  Experienced Securities Fraud Lawyers Throughout Delray Beach Florida and Nationwide. Are you a Delray Beach Florida investor who has suffered significant losses your stock brokerage and investment accounts?  Did your Delray Beach Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows court, FINRA, AAA or JAMS rules and procedures inside and out and how to handle these court, FINRA, AAA or JAMS arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and one of the best lawyers to recover your investment losses for all types of stockbroker misconduct in court and FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of investment fraud, securities law, and investment disputes in court and FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Delray Beach Florida and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced Securities Fraud Lawyers Serving Delray Beach Florida Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced attorneys who successfully handle investment fraud, securities law matters, and investment disputes in court and FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitrations serving Delray Beach Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Dec 11, 2020

Winter Garden Florida SEC Securities Law Defense Attorney

The Securities and Exchange Commission (SEC) charged Charles Irwin of Winter Garden Florida for being part of an alleged hedge fund fraud. Mr. Irwin was a registered investment advisor and Principal of Freedom Capital before allegedly enabling clients to place mutual fund orders after 4:00 p.m. ET. Mr. Irwin and the defendants allegedly submitted orders through JB Oxford, who allowed trade orders to be submitted through 4:15 p.m. ET and accepted confirmations till 4:45 p.m. ET while still receiving that day’s NAV. In one year, over 95 of the 1,959 orders were placed or modified after 4:00 p.m. ET. The scheme continued when the respondents allegedly misrepresented themselves to become members of the National Securities Clearing Corporation (NSCC). Mr. Irwin and another defendant allegedly created five entities, Unified Pension Inc., National Pension Plans Inc., Retirement Planning Consultants Inc., Pension Planning Professionals Inc., and Benefit Planning Consultants Inc. to receive approval to register the entities as members of the NSCC, giving them the ability to submit mutual fund purchases till 3:00 a.m. ET. In one month, Mr. Irwin and the defendants processed 63 late mutual fund purchases and 50 sales through two of the entities. In a settlement with the SEC, Mr. Irwin was ordered to pay disgorgement of $31,649.50 and pay prejudgment interest in the amount of $5,613.86. For his cooperation with the SEC, $22,838.68 was waived for a total of $38,000 to be paid to the U.S. Treasury. Do You Need an SEC Defense Attorney? The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Winter Garden Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Winter Garden Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Lawyer Serving Winter Garden Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Winter Garden Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Dec 11, 2020

Venice Florida FINRA 8210 Defense Lawyer

Tyge Tuccillo of Venice Florida was sanctioned by FINRA for failure to testify and produce documents relating to his clients investments in Medical Capital Holdings, Inc. (MedCap). Mt. Tuccillo was a general securities representative with a series 6, 7, and 63 license. Mr. Tuccillo was last employed at American Portfolios Financial Services Inc., where the brokerage firm was under investigation by FINRA for selling investments in MedCap to at least 39 investors. MedCap raised funds through the sale of promissory notes through brokers like Mr. Tuccillo. However, the SEC found that MedCap had defrauded thousands of investors. The SEC claimed that MedCap misrepresented that it never defaulted on any principal or interest payment; it found that MedCap paid late nearly $1 billion in principal and interest on the notes from its Regulation D offering. The SEC also alleged that MedCap executives misappropriated approximately $18.5 million of investors’ funds. Mr. Tuccillo was under investigation by FINRA for allegedly selling private placements offered by MedCap. When FINRA ordered Mr. Tuccillo to testify, he refused and agreed to settle FINRA’s allegations, without admitting or denying them. For failing to testify in violation of FINRA Codes 8210 and 2010, Mr. Tuccillo was permanently barred from association with any FINRA member. You may have read that Tyge Tuccillo of Venice Florida was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because he violated FINRA Rule 8210. He could have avoided that FINRA 8210 bar from the securities industry with a skilled and experienced FINRA 8210 defense attorney. Do You Need a FINRA 8210 Lawyer? My guess is that you are reading this article because you probably just received a letter from FINRA via certified mail that states: You are notified that the FINRA office is conducting an inquiry to determine whether violations of the federal securities laws or FINRA, NASD, NYSE, or MSRB rules have occurred. In the next paragraph, you are being requested, “Pursuant to FINRA Rule 8210,” to provide a slew of documents and/or to appear at a FINRA office to give “On-the-Record” testimony and then you read the warning: Under FINRA Rule 8210, you are obligated to respond to this request fully, promptly and without qualification.  You are also obligated to supplement or correct any response that you later learned to have been incomplete or inaccurate.  If you withhold any responsive documents or information, you must specifically identify what you are withholding and state the basis for your doing so.  Any failure on your part to satisfy these obligations could expose you to sanctions, including a permanent bar from the securities industry. To a FINRA registered representative, who has never received such a letter in their career, it can be intimidating and cause a great deal of anxiety.  You are probably asking yourself: Why did I get this letter? What does it mean to my career? What should I do or not do? First, you must not ignore the letter because if you do and are currently registered and still working with a broker dealer, you will be suspended, and if you still do not comply with the request, you will be permanently barred from working in the securities industry just like Tyge Tuccillo, above. Second, if you are still working for a brokerage firm, you must notify the firm and provide a copy of the FINRA letter to your immediate supervisor and/or compliance officer. Third, you will need advice from an experienced FINRA defense lawyer on how to respond to the FINRA inquiry and protect you from sanctions. If your employer is not going to supply legal counsel free of any conflict of interest or you are no longer registered and working for any firm, you will need to hire your own FINRA defense attorney. This FINRA letter marks the first stage and hopefully the last of any FINRA inquiry into a particular matter. At this point, you have not been accused of any violation of the law or any securities industry rule, and there will be no black marks on your FINRA record in the Central Record Depository (“CRD”) or on the FINRA BrokerCheck website. You want to keep it that way! As your FINRA defense lawyers, we will immediately reach out to FINRA, obtain a reasonable extension of time to comply with request for documents and/or date of your On-the-Record testimony to investigate the issue, and gather and review the information requested. We will determine the trigger event and/or nature of the inquiry, such as the following: Automated Surveillance Program flagging of potential insider trading, layering, algorithm gaming, wash sales, marking-the-close and open, front running, etc. Form U4 or U5 filing disclosing: customer complaints; arrests, criminal charges and convictions; Liens, Bankruptcies, and compromises with creditors; and/or outside business activities. Customer Complaints made directly to FINRA through its Hotline. Actions by or referrals from other regulatory agencies, like the SEC or state securities regulators. The less interaction you have with the FINRA investigator, and the more interaction your FINRA defense attorney has with the investigator the less harm you will inflict upon yourself. Sometimes the list of documents requested and/or questions asked are numerous and burdensome. Unfortunately, you simply cannot refuse to comply with the FINRA 8210 request and expose yourself to sanctions for non-compliance. As your FINRA defense lawyers, we will make sure that the FINRA investigator is not over-reaching and making unreasonable requests for documents, which you will have to supply; not only documents in your possession and custody, but you will also be required to supply documents within your “control,” such as bank statements and other records and/or tax returns in the files of your bank or accountant. As your FINRA defense attorneys, we will negotiate the scope of the document production with the investigator to ensure you are not being harassed by the regulator and producing only what is necessary for them to conduct their investigation. If you are being scheduled for an On-the-Record (“OTR”) examination, FINRA’s equivalent to...

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Dec 11, 2020

Apopka Florida Investment Fraud Attorney Who Represents Investors

Did David Merrick Cause You Investment Losses? David Merrick of Apopka Florida allegedly orchestrated a Ponzi scheme that netted millions in ill-gotten gains. Mr. Merrick, an unregistered investment advisor, and his unregistered foreign investment company, Traders International Return Network (TIRN), raised more than $22 million from approximately 700 investors over the course of one year. Mr. Merrick told his investors to deposit their funds in his shell companies, MS Inc. and GTT Services Inc., promising he would use their monies to invest in stocks. In fact, none of the investors’ funds were invested in securities; rather, all of the monies collected were used for his personal use and to repay older investors in Ponzi scheme fashion. Mr. Merrick was sentenced to 97 months in prison, ordered to pay $11,467,573.15 in restitution, and ordered to forfeit $9.1 million in assets. Do You Need an Investment Fraud Lawyer? We are top rated lawyers and highly ranked attorneys by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in investment fraud cases in court, by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Apopka Florida investors. This state has thousands of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Florida securities laws and FINRA rules and stock brokerage firms policies and procedures.  Experienced Investment Fraud Lawyers Throughout Apopka Florida and Nationwide. Are you an Apopka Florida investor who has suffered significant losses your stock brokerage and investment accounts?  Did your Apopka Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows court, FINRA, AAA or JAMS rules and procedures inside and out and how to handle these court, FINRA, AAA or JAMS arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and one of the best lawyers to recover your investment losses for all types of stockbroker misconduct in court and FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of investment fraud, securities law, and investment disputes in court and FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Apopka Florida and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced Investment Fraud Lawyers Serving Apopka Florida Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced attorneys who successfully handle investment fraud, securities law matters, and investment disputes in court and FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitrations serving Apopka Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 10, 2020

Boynton Beach Florida SEC Securities Law Defense Attorney

The Securities and Exchange Commission (SEC) charged Malcolm Segal of Langhorne, Pennsylvania and Boynton Beach Florida for allegedly conducting a Ponzi scheme. The SEC alleged that Segal stole investor’s funds to purchase a condominium in Florida and live a luxurious lifestyle. Segal allegedly sold so-called certificates of deposits (CDs) to his brokerage customers by falsely claiming that he could get them higher interest rates of return on FDIC-insured CDs than otherwise available to the general public. The SEC claims that Segal purchased the CDs on behalf of his clients but secretly redeemed them early and took the proceeds. Segal raised approximately $15.5 million from at least 50 investors and used monies from new investors to pay off older ones in typical Ponzi scheme fashion. The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Boynton Beach Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’s knowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Boynton Beach Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Lawyer Serving Boynton Beach Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Boynton Beach Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 10, 2020

Bradenton Florida SEC Securities Law Defense Attorney

Billy McClintock of Bradenton Florida was charged by the U.S. Securities and Exchange Commission (SEC) for operating a Ponzi scheme that stretched across 20 states. Mr. McClintock, a convicted felon, allegedly told investors that the U.S. Department of Homeland Security was operating a loan program that could return upwards of 38% a year as part of a fraudulent investment scheme. This was a false statement Mr. McClintock allegedly told many investors as he and an accomplice made over $15 million in their Ponzi scheme. Mr. McClintock is facing several counts of fraud, a large civil money penalty, disgorgement, and restitution. The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Bradenton Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Bradenton Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Lawyer Serving Bradenton Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Bradenton Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 10, 2020

Celebration Florida SEC Securities Law Defense Attorney

Daniel Sebastion of Celebration Florida was sued by the United States Securities and Exchange Commission (SEC) for being an alleged pitchman in a Ponzi scheme that targeted senior citizens. Mr. Sebastian allegedly helped the other defendant, James Risher, solicit more than $22 million from over 100 investors. In the Ponzi scheme, Mr. Risher used Mr. Sebastian to help deceive new investors and used their funds to pay off older investors. The two made many misrepresentations and promised substantial profits to solicit investors. In a guilty plea, Mr. Risher was found guilty for fraud and sentenced to 20 years of prison and ordered to pay restitution of approximately $17 million. The SEC has initiated many investigations and filed many SEC administrative disciplinary proceedings and Federal court actions against corporations and their officers, directors and shareholders stockbrokers, investment advisors and others it believed to have violated the Federal securities laws.  Experienced SEC Securities Law Defense Attorney Handling Celebration Florida Investigations and Enforcement Actions You will need a top rated SEC Securities Law Defense attorney as soon as you receive a telephone call, letter requesting voluntary cooperation or subpoena for testimony or documents in a SEC investigation because this agency acts quickly and aggressively when you appear on its radar. The next thing you know you are a defendant in an SEC administrative proceeding or a Federal court action where you have been enjoined and had all of your bank and securities accounts frozen without notice. You may only have days to persuade a Federal Court Judge why the injunction should be lifted and given back access to your bank and brokerage accounts. These investigations and enforcement actions involve complex securities laws and legal issues which only highly trained and experienced SEC securities law defense trial attorneys can handle. Attorney Pearce’sknowledge of the Federal securities laws andSEC trial lawyer defense skills are highly regarded throughout Celebration Florida and across the nation.  He began his career with the SEC at the New York Regional Office in 1980. Thereafter he moved to Florida and has expanded his SEC securities law defense practice nationwide over his 40 year career. In fact, Federal District Court Judge Janet C. Hall has opined in a public court decision about his knowledge and skills: In short, Attorney Pearce has knowledge and skill gained over [40] years of specialized training on the minutiae of broker-dealer practices and procedures and SEC enforcement proceedings which could not be obtained by a competent practicing attorney through routine research or legal experience. Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC’s team of lawyers, but recovered his clients’ attorney fees and litigation costs incurred in the defense of the government’s flawed investigation and enforcement action.   SEC v. Stephen J. Wilson, Defendant, Civil Action No. 04-cv-1331(JCH), 2009 WL 2381954 (D. Conn.). Free Initial Consultation With An Experienced SEC Securities Law Defense Lawyer Serving Celebration Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities law matters and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities law and investment disputes serving Celebration Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Dec 10, 2020

Coconut Creek Florida Investment Fraud Attorney Who Represents Investors

Did Paul Schumack Cause You Investment Losses? Paul Lewis Schumack of Coconut Creek Florida and his partner have been accused with committing a $70,000,000 fraud investment scheme. Mr. Schumack and his partner worked at JCS Enterprise, Inc and TBTI, Inc. that created “Virtual Concierge”. The duo allegedly used the “Virtual Concierge” as a cash grab, making false claims on returns and advertising towards investors. According to victim investors, Mr. Schumack promised $300 a month over the course of 3 years for a $3,500 investment. Mr. Schumack claimed that ads sold by the “Virtual Concierge” earned revenue that would then be given to investors. However, financial analysis revealed that little money was earned through ads from “Virtual Concierge” and Mr. Schumack used new investor’s funds to pay older investors in a classic Ponzi scheme. Mr. Schumack has been charged with conspiracy to commit wire fraud, five counts of mail fraud, and six counts of wire fraud. Mr. Schumack may also be fined $250,000 and ordered to pay restitution and will have three years of supervised release. Do You Need an Investment Fraud Lawyer? We are top rated lawyers and highly ranked attorneys by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in investment fraud cases in court, by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Coconut Creek Florida investors. This state has thousands of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Florida securities laws and FINRA rules and stock brokerage firms policies and procedures.  Experienced Investment Fraud Lawyers Throughout Coconut Creek Florida and Nationwide. Are you a Coconut Creek Florida investor who has suffered significant losses your stock brokerage and investment accounts?  Did your Coconut Creek Florida stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows court, FINRA, AAA or JAMS rules and procedures inside and out and how to handle these court, FINRA, AAA or JAMS arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in court and FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and one of the best lawyers to recover your investment losses for all types of stockbroker misconduct in court and FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of investment fraud, securities law, and investment disputes in court and FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Coconut Creek Florida and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced Investment Fraud Lawyers Serving Coconut Creek Florida Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced attorneys who successfully handle investment fraud, securities law matters, and investment disputes in court and FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in court and FINRA, AAA and JAMS arbitrations serving Coconut Creek Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 10, 2020

Plantation, Florida FINRA Securities Arbitration Attorney

Did Stephen Paul Florio Cause You Investment Losses? Stephen Paul Florio of Plantation, Florida was fined $5,000 and suspended from association with any FINRA member for a period of 10 days. The sanctions were based on findings that Stephen Paul Florio allegedly exercised discretion without authorization in violation of NASD Rule 2510(b) and FINRA Rule 2010. The suspension was in effect from September 21, 2020, through October 2, 2020. From June 2015 to August 2018, Stephen Paul Florio was registered as a General Securities Representative with Raymond James. According to the FINRA findings, Florio allegedly exercised discretionary trading in a customers account without written authorization from the customer or approval from his firm. The findings stated that the customer had only given Florio an oral authorization due to his busy schedule, and the account was never approved for discretion by Raymond James. In addition, Florio allegedly answered “No” to having exercised discretion in any customers account on two of Raymond James annual compliance questionnaires. NASD Rule 2510(b) prohibits registered representatives from “exercising any discretionary power in a customer’s account unless such customer has given prior written authorization to a stated individual or individuals and the account has been accepted by the member.” Do You Need A Plantation, Florida FINRA Securities Arbitration Attorney? Are you a Florida investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Florida stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues.  Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Florida Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A.  we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Florida, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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