Law
FINRA Arbitrators Award $4.2M to Investors in Nontraded REIT Loss Case
A FINRA arbitration panel ordered a former broker and his firm to pay $4.2 million after selling unsuitable nontraded REIT shares to elderly investors.
Law
SEC Charges Former Advisor With $2.3M Ponzi Scheme Targeting Church Congregation
The Securities and Exchange Commission charged a former registered investment advisor with running a $2.3 million Ponzi scheme that preyed on members of his own ...
Law
Wells Fargo Broker Barred for Misappropriating $1.7M From Elderly Clients
A Wells Fargo broker who misappropriated more than $1.7 million from elderly clients has been permanently barred from the securities industry. FINRA issued the bar ...
