Timothy England—Fund Conversion from a Community Organization

Timothy Allen England Allegedly Converted Funds from a Community Organization; England Purportedly Acted as a Treasurer for a Local Sports Organization

Timothy England allegedly converted funds from a community organization, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) Reports from the IRS currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Timothy England’s alleged illicit fund conversion.

Investors who believe they may have lost money in activity related to Timothy England’s alleged illicit fund conversion are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Timothy England, while acting as a treasurer of a local sports allegation, came under investigation by FINRA in September of 2016, the aforementioned AWC reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating England’s alleged illicit fund conversion.

Timothy England Has Been Barred by FINRA; England Allegedly Failed to Provide Documents to FINRA

Timothy England came under investigation from FINRA and allegedly failed to respond to multiple attempts from FINRA in October of 2016 that he provide documents and information to FINRA, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

England allegedly failed to respond to said requests by November 7, 2016, the AWC states.

England, by allegedly refusing to respond to FINRA’s request for documents and information as requested pursuant to FINRA Rules, allegedly violated FINRA Rules, the AWC notes.

England allegedly entered the securities industry in September 2009 as he became associated with a FINRA member firm and in October 2009 he allegedly acquired the Series 6 and Series 63 licenses, respectively, the AWC reports.

Timothy England, between September 2009 and December 2014, also was purportedly employed by three FINRA member firms before becoming associated with FBL Marketing Services, LLC in December 2014, the AWC states.

England, on September 7, 2016, received notice that FBL allegedly filed a Termination Form with FINRA which stated that England’s employment with the FBL was voluntarily terminated on September 2, 2016, the AWC reports, and that England’s registration with the Firm purportedly ended on September 7, 2016.

One should also note that, according to the AWC, Timothy England neither admitted nor denied the FINRA findings

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Timothy England’s alleged illicit fund conversion. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Timothy England’s alleged illicit fund conversion may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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David Zier—Fraudulent Representations

David Zier Allegedly Made Fraudulent Representations to Clients; Zier Allegedly Issued False Statements Related to a Commodity Pool He Operated as an Outside Business Activity

David Zier allegedly made fraudulent representations and issuances of false statements to clients connected to a commodity pool he operated as an outside business activity, according to an Order from the U.S. Commodity Futures Trading Commission (CFTC) currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to David Zier’s alleged outside business activities.

Investors who believe they may have lost money in activity related to David Zier’s alleged outside business activities are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Zier, from 2007 through 2014, and while employed at Convergent Wealth Advisors LLC (Convergent), allegedly solicited specific clients of Convergent, as well as other individuals, to invest in ZAM LLC, said Order states.

Hence, the CFTC’s Order requires Convergent to pay out a $800,000 civil monetary penalty, and also sets provisos that Convergent not violate certain provisions of the Commodity Exchange Act and CFTC Regulations, the Order notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating David Zier’s alleged outside business activities.

David Zier Allegedly Misrepresented ZAM’s Profitability and also Produced False Performance Data Given to Existing ZAM Investors

David Zier allegedly made misrepresentations regarding ZAM’s profitability and also allegedly produced false performance data that was purportedly given to existing ZAM investors, according to the aforementioned CFTC Order currently under review by attorneys Alan Rosca and James Booker.

Furthermore, Convergent also allegedly had the ability to monitor ZAM’s financial accounts and Zier’s e-mail correspondence relating to ZAM’s administration, the Order states.

Then, in 2014, Convergent compliance personnel allegedly discovered certain inconsistencies among certain ZAM account statements and performance reports which had been allegedly provided to Convergent clients who were also participants in ZAM, the Order notes.

In the time period from December 23, 2010 until Zier’s death, the total amount of alleged fraudulent solicitations in ZAM totaled $2,912,960, the Order states.

It should also be noted that Zier allegedly began operating ZAM in 1998 as an exempt commodity pool, as an outside business activity, and over a16 year period ZAM allegedly held 20 pool participants including Convergent Wealth Advisors’ founder and prior CEO, the Order notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating David Zier’s alleged outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of David Zier’s alleged outside business activities may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Mark Schklar—Private Securities Transactions

Mark Schklar Allegedly Engaged in Private Securities Transactions; Schklar Allegedly Recommended and Facilitated the Sale of Shares in a Company that Purportedly Produced Equipment Implemented to Grow Marijuana

Mark Schklar allegedly took part in private securities transactions by recommending and facilitating sales of shares in a company that manufactured equipment used to grow marijuana, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Mark Schklar’s alleged private securities transactions.

Investors who believe they may have lost money in activity related to Mark Schklar’s alleged private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Mark Schklar, between February 2013 and January 2015, allegedly did not make disclosures to his member firm, according to said AWC.

Overall, Mark Schklar allegedly ultimately facilitated the sale of 8,000,000 shares of the company to four investors for total proceeds of $285,250, according to the AWC.

The Peiffer Rosca Wolf securities lawyers are currently investigating Mark Schklar’s alleged private securities transactions.

Mark Schklar also Allegedly Loaned $80,000 to a Customer without First Obtaining Approval from His Firm; Schklar Fined $10,000 and Suspended for Eight Months

Mark Schklar allegedly loaned $80,000 to customer without obtaining approval from his firm, BB & T Securities, LLC, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Based on the aforementioned behavior, Schklar allegedly violated NASD and FINRA Rules and thus has been fined $10,000 and suspended for eight months by FINRA, the AWC notes.

Schklar’s FINRA BrokerCheck Report also reports that he allegedly has five customer disputes against him and is currently not registered within the industry.

Schklar was also registered with H.L. Camp & Co.,Heidtke & Co., J.C. Bradford & Co., Dickinson & Co., Birchtree Financial Services, FAS Wealth Management Services, Roan-Meyers Associates, Bergen Capital, Scott & Stringfellow, BB&T Securities and Ridgeway & Conger in New Woodstock, New York from January 2015 until May 2016.

One should also note that, according to the AWC, Mark Schklar neither admitted nor denied the FINRA findings

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Mark Schklar’s alleged private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Mark Schklar’s alleged private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Aaron Parthemer—Sale of Unregistered Securities

Aaron R. Parthemer Allegedly Assisted in the Sale of over $5 Million in Unregistered Stocks to Football Players without Proper Due Diligence and Disclosure of Conflicts

Aaron Parthemer, a former Wells Fargo adviser and Miami Beach nightclub owner, allegedly assisted in the sales of over $5 million in unregistered stocks to pro football players without having conducted due diligence or disclosing his conflicts-of-interest, according to SEC Reports currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Aaron Parthemer alleged sale of unregistered stocks.

Investors who believe they may have lost money in activity related to Aaron Parthemer alleged sale of unregistered stocks are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Aaron Parthemer purportedly managed upwards of $250 million of client assets at a Wells Fargo branch in Fort Lauderdale, Fla., and allegedly used bonus money to fund activity in violation of securities law and dealer’s internal policies, according to Statements in U.S. Bankruptcy Court in the Southern District of Florida.

Parthemer, now banned by FINRA for life from taking part in penny stock offerings or acting as an investment adviser, allegedly sold more than $5 million in unregistered stocks to several athletes, according to said SEC Reports.

One should also note that, according to the SEC, Aaron Parthemer neither admitted nor denied the SEC findings.

The Peiffer Rosca Wolf securities lawyers are currently investigating Aaron Parthemer’s alleged sale of unregistered stocks.

Parthemer Allegedly Loaned Athletes $400,000 for a Miami Night Club and Referred Clients to Invest $3 Million in a Startup Internet Branding Company

Aaron Parthemer was barred last year for life from the securities industry for allegedly failing to make disclosures regarding his participation in Club Play, a now closed Miami Beach nightclub which was owned by several pro athletes who also were Parthemer clientele, according to SEC Reports currently under review by attorneys Alan Rosca and James Booker.

Parthemer allegedly made loans of almost $400,000 for the operation and also referred some clients to make investments of $3 million in a startup internet branding company, FINRA notes.

FINRA has not names the athletes in the case.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Aaron Parthemer’s alleged sale of unregistered stocks. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Aaron Parthemer’s alleged sale of unregistered stocks may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Bryan Lee Addington—Investment Fraud Scheme

Bryan Lee Addington, of Ethel, Louisiana, Allegedly Stole up to $9.5 Million in an Investment Fraud Scheme

Have you or a loved one lost money investing in Bryan Lee Addington’s alleged investment fraud scheme?

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Bryan Lee Addington’s alleged investment fraud scheme and are preparing to take action on behalf of victimized investors.

Investors who believe they may have lost money in activity related to Bryan Lee Addington’s alleged investment fraud scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Bryan Lee Addington, 55, and of Ethel, Louisiana, allegedly stole up to $9.5 million as part of an investment fraud scheme, according to recent Reports from U.S. District Court Reports currently under review by attorneys Alan Rosca and James Booker.

Bryan Lee Addington, an East Feliciana Parish man, also purportedly pled guilty to mail fraud and aggravated identity theft before Senior U.S. District Judge James J. Brady, according to Reports from Louisiana.

The Peiffer Rosca Wolf securities lawyers are currently investigating Bryan Lee Addington’s alleged investment fraud scheme.

Bryan Lee Addington Allegedly Did not Invest Funds as Promised and Subsequently Sent False Account Statements Sent from Phony P.O. Boxes; Addington Allegedly Paid Some Investor Victims from Funds from Other Investor Victims

Bryan Lee Addington, from about January of 2010 through April 2016, allegedly ran an investment scheme wherein he allegedly solicited money from clients but failed to invest the funds as promised to clients, according to the aforementioned U.S. District Court Reports currently under review by attorneys Alan Rosca and James Booker.

The court records add that Addington allegedly defrauded victim investors via materially false and fraudulent pretenses, promises, and representations, and also purportedly sent clients false account statements which were quite often addressed from phony post office boxes, said Court Documents note.

What is more, Addington also allegedly made payments to victims, but the distributions were often purportedly paid with cash that actually belonged to other victim investors, the Court Reports note.

Finally, Addington also allegedly admitted to forging his associate’s signature to help bolster his fraud scheme, Court Reports note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud, and are currently investigating Bryan Lee Addington’s alleged investment fraud scheme while preparing to take action on behalf of victimized investors. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Bryan Lee Addington’s alleged investment fraud scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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AmTrust Financial Services (AFSI) Shareholder Alert – Peiffer Rosca Wolf law firm Investigating Potential Securities Claims on Behalf of AmTrust Investors

AmTrust Financial Services, Inc. (AFSI) disclosed to its investors on February 27, 2017 that it had “identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016, specifically related to ineffective assessment of the risks associated with the financial reporting, and an insufficient complement of corporate accounting and corporate financial reporting resources within the organization.”  Following its announcement, AmTrust‘s share price fell $5.32, or 19.23%, to close at $22.34 on February 27, 2017.

AmTrust’s announcement may be accessed here.

AmTrust further announced on March 16, 2017 that it needed more time to finalize its consolidated financial statements and assessment of internal controls over financial reporting for the fiscal year ended December 31, 2016.

AmTrust also revealed that, in connection with the preparation and audit of the financial statements, its Board of Directors’ Audit Committee concluded that the company’s previously issued consolidated financial statements for 2014 and 2015 (including for each of the four quarters of 2015) as well as for the first three quarters of 2016 should be restated and should no longer be relied upon.

In addition, AmTrust disclosed that certain of the company’s earnings and press releases, and related communications, to the extent that they relate to periods covered by the upcoming restatement, as well as the company’s fourth quarter and fiscal 2016 earnings release dated February 27, 2017, should no longer be relied upon.

AmTrust also cautioned that the reports of BDO USA LLP, the company’s former independent auditor, on the company’s consolidated financial statements for 2014 and 2015, including its opinions on the effectiveness of internal control over financial reporting for such periods, likewise should no longer be relied upon.  On this news, AmTrust’s share price fell $4.03, or 18.65%, to close at $17.58 on March 17, 2017.

AmTrust’s March 16, 2017 announcement may be accessed here.

What Investors Can Do

If you are an AmTrust (AFSI) investor and would like to obtain additional information about this case or would like to discuss this matter or your rights, please visit http://ift.tt/1PwVxPX and complete the contact form, or contact Alan Rosca or James Booker toll free at 888-998-0520 or by e-mail at arosca@prwlegal.com.

The Peiffer Rosca Wolf Abdullah Carr & Kane law firm (“Peiffer Rosca Wolf”) represents individual and institutional investors who have suffered financial losses as a result of investment fraud or misconduct, Ponzi schemes, unsuitable investment recommendations, or abusive practices in the financial industry.

Attorney Advertising.  Prior results do not guarantee a similar outcome. Please visit our website, http://ift.tt/1PwVxPX, for important disclosures, office locations, and lawyer admissions.  Peiffer Rosca Wolf Abdullah Carr & Kane, A Professional Law Corporation.

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Investor Alert: Peiffer Rosca Wolf Law Firm Announces an Investigation Of Potential Securities Claims on Behalf of Investors of FTD Companies, Inc. (NASDAQ: FTD)

Peiffer Rosca Wolf is investigating potential claims on behalf of purchasers of FTD Companies, Inc. (NASDAQ: FTD) common stock or securities who allege that the company’s share price was inflated as a result of accounting errors.  In particular, the Firm’s investigation concerns reported errors relating to cross-border indirect taxes and whether FTD and certain of its executive officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

To obtain more information about the investigation of FTD, investors are encouraged to contact Alan Rosca or James Booker toll free at 888-998-0520 or by email at arosca@prwlegal.com, or by filling out the contact form on our website, http://ift.tt/1PwVxPX.

On March 14, 2017, FTD reported a net loss of $86.4 million in its fourth quarter ended December 31, 2016, and announced that as a result of an incorrect assessment of certain cross-border indirect taxes, the company would need to restate its previously issued consolidated financial statements for the years ended December 31, 2015 and 2014 and for the quarters within the years ended December 31, 2016 and 2015.

FTD further reported that “the aggregate impact of correcting these prior period errors all within the year ended December 31, 2016 would have been material to the company’s current year consolidated financial statements.”  Further, the cumulative effect of the changes to retained earnings as of January 1, 2014, the earliest date presented in the consolidated financial statements for the year ended December 31, 2016, was a reduction of $12.4 million. On this news, the company’s share price fell $5.54, or 23.69%, to close at $17.85 on March 15, 2017. The announcement may be accessed here.

What Investors Can Do

If you are an FTD investor and wish to obtain additional information about the lawsuit or would like to discuss this matter or your rights, please visit http://ift.tt/1PwVxPX and complete the contact form, or contact Alan Rosca or James Booker toll free at 888-998-0520 or by e-mail at arosca@prwlegal.com.

The Peiffer Rosca Wolf Abdullah Carr & Kane law firm (“Peiffer Rosca Wolf”) represents individual and institutional investors who have suffered financial losses as a result of investment fraud or misconduct, Ponzi schemes, unsuitable investment recommendations, or abusive practices in the financial industry.

Attorney Advertising.  Prior results do not guarantee a similar outcome. Please visit our website, http://ift.tt/1PwVxPX, for important disclosures, office locations, and lawyer admissions.  Peiffer Rosca Wolf Abdullah Carr & Kane, A Professional Law Corporation.

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J. Michael Casas — Material Misrepresentations

J. Michael Casas Allegedly Made Material Misrepresentations to Coax Two Individuals to Invest $83,000 of “Seed Capital” to Help Fund an Unconsummated Development and with the Execution of a Planned Reverse Merger Transaction

J. Michael Casas allegedly made material misrepresentations in order to purportedly coax two persons to invest a total of $83,000 as so-called “seed capital”, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Alan Rosca and James Booker.

Said action was done in order to allegedly help fund the development and execution of a planned reverse merger transaction which was ultimately never consummated, according to the aforementioned Complaint.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in J. Michael Casas’s alleged material misrepresentations.

Investors who believe they may have lost money over J. Michael Casas’s alleged material misrepresentations are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Casas also allegedly misappropriated more than $48k of the invested funds and converted them to his own personal use, using these funds to pay his own personal expenses, the Complaint states.

Casas has allegedly never repaid the misappropriated funds, the Complaint reports.

The Peiffer Rosca Wolf securities lawyers are investigating J. Michael Casas’s alleged material misrepresentations.

J. Michael Casas Barred and Ordered Restitution of $50,000 by FINRA; Casas Allegedly Misrepresented that the intended purpose of the funds was for accounting fees, legal fees, and operational expenses of MCB Capital Partners, LLC

Casas allegedly represented that the intended purpose of the aforementioned funds was for accounting fees, legal fees, and for operational expenses of MCB Capital Partners, LLC, which was formed in October 2010 to provide investment banking advisory services, according to the aforementioned Complaint from FINRA’s Department of Enforcement presently being examined by attorneys Alan Rosca and James Booker.

Allegedly only two individuals invested in MCB, the Complaint notes, but, as one of the investors hired Casas to work for him and purportedly refused to testify at the hearing, the Hearing Panel was unable to determine if the individual recouped any of his losses when negotiating Casas’s salary before employing him, said Complaint notes.

The other investor allegedly filed for arbitration in 2012 and the dispute is purportedly pending, the Complaint states.

Based on the aforementioned behavior, Casas allegedly violates FINRA Rules and therefore has been borrowed and ordered restitution of $50,000, the Complaint reports.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating J. Michael Casas’s alleged material misrepresentations. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of J. Michael Casas’s alleged material misrepresentations may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Barry Connell— Client Fund Theft Charges

Barry Connell Allegedly Made Unauthorized Wire Transfers and Stole Approximately $5 million from Client Accounts; Connell also Issued Checks to Third Parties to Pay Personal Expenses

Barry Connell, from approximately December 2015 through November 2016, allegedly made unauthorized wire transfers and stole approximately $5 million from client accounts, according to a recent SEC Complaint currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Barry Connell’s alleged theft of client funds.

Investors who believe they may have lost money in activity related to Barry Connell’s alleged theft of client funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Connell also used falsified authorization forms misrepresenting that he received verbal requests from the clients in order to execute said transactions, and also allegedly issued checks to third parties in order to pay personal expenses, the aforementioned Complaint states.

Furthermore, Connell also allegedly spent money from client accounts for private jet service, country club dues, and to rent a home in suburban Las Vegas, the Complaint notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating Barry Connell’s alleged theft of client funds.

The SEC Seeking Judgment to Permanently Enjoin Connell from Future Violations of the Advisers Act Ordering Connell to Disgorge his Allegedly Ill-gotten Gains and to Pay Prejudgment Interest Henceforth and to Impose Civil Money

The SEC is seeking a judgment which would permanently enjoin Connell from potential future violations of the Advisers Act and provisions of said Act that Connell allegedly violated, according to the aforementioned SEC Complaint currently under review by attorneys Alan Rosca and James Booker.

The SEC is also ordering Connell to disgorge his allegedly ill-gotten gains and to pay prejudgment interest henceforth, and is imposing civil money penalties pursuant to the Advisers Act, the SEC notes.

Andrew M. Calamari, Director of the SEC’s New York Regional Office, made the following statement:

“As alleged in our complaint, Connell stole funds from clients who entrusted him their finances, choosing to fund his own lavish lifestyle rather than fulfill the fiduciary duty he owed them.”

It should also be noted that, in a parallel action, the U.S. Attorney’s Office for the Southern District of New York also filed criminal charges against Connell.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of failure to resolve an arbitration claim and are currently investigating Barry Connell’s alleged theft of client funds. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Barry Connell’s alleged theft of client funds may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Yasuna Murakami—Ponzi Scheme Investigation

Yasuna Murakami Allegedly Made Routine Misappropriations of Investor Money which Ultimately Led Murakami and Certain MC2 Entities to Operate the Canadian Fund as a $15.3 Million Ponzi Scheme; Investor Right Attorneys Investigating

Yasuna Murakami allegedly made routine misappropriations of investor money which ultimately led Murakami and certain MC2 Entities to operate the Canadian Fund as a $15.3 Million Ponzi scheme, according to a Complaint from the Massachusetts Division of Securities currently under review by Peiffer Rosca Wolf attorneys Alan Rosca, Joe Peiffer, and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers have begun investigating investment recovery options on behalf of investors in Murakami – operated hedge funds such as MC2 Capital Canadian Opportunities Fund, MC2 Capital Partners, and MC2 Capital Value Partners. Investors who believe they may have lost money in Murakami’s MC2 Capital Canadian Opportunities Fund and his other hedge funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options

Murakami allegedly lost $6,000,000 of investor money and Murakami and the various MC2 Entities have brought in at least $15,280,000 from a minimum of forty-seven investors, the aforementioned Complaint notes.

Massachusetts Secretary of the Commonwealth William Galvin gave a statement which charges Murakami with alleged “material misrepresentations and omissions, misappropriation of investor funds, and operation of an illegal Ponzi scheme”, the Complaint reports.

Said Complaint also seeks repayment to investors for losses, the disgorgement of all profits and an administrative fine.

Murakami also allegedly used investor money in order to pay personal expenses such as luxury hotels, liquor stores, specialty cars, American Express bills, and high-end shops such as Nordstrom, Saks Fifth Avenue, according to the aforementioned Complaint.

The Peiffer Rosca Wolf securities lawyers are investigating Yasuna Murakami and his MC2 Capital’s alleged Ponzi scheme.

Yasuna Murakami Allegedly Took in Over $3.5 million in the Early Days of His Fund, but Had Negative Cash Balance of Approximately $2.4 million in 2008 Resulting in a Margin Call Which Nearly Wiped Out Investors

Murakami allegedly started his hedge funds in 2007 with the MC2 Capital Partners Fund, according to a Complaint from the Massachusetts Division of Securities presently being examined by attorneys Alan Rosca, Joe Peiffer, and James Booker.

Murakami allegedly created the fund with a former classmate and sold it mainly to friends and family members, the aforementioned Complaint states, and allegedly subsequently took in more than $3.5 million, the Complaint reports.

Murakami’s operations allegedly had a negative cash balance of about $2.4 million in 2008, which led to a margin call that essentially wiped out the investors’ equity, according to reports from Galvin’s office.

The second fund, MC2 Capital Value Partners Fund, launched in 2008, had had net losses in its first three years.

Over the life of the Partners Fund and the Value Fund, however, Murakami and the MC2 Entities allegedly failed to inform investors of the losses in both funds,” the Complaint states.

What is more, Murakami and the MC2 Entities allegedly took active measures to conceal the aforementioned losses from investors by soliciting additional investments and providing false or misleading performance numbers, the Complaint reports.

IN 2009, Murakami struck up a partnership with Donville Kent Asset Management of Toronto in order to launch the MC2 Capital Canadian Opportunities Fund, the Complaint states.

Later by 2011, Murakami and MC2 allegedly recruited investors and managed the fund’s back-office operations and Kent purportedly managed the investment portfolio, the Complaint notes.

A Massachusetts state regulator made the following statement:

“The association with Donville Kent was crucial in the decision of many to invest in the Canadian Fund, including one institutional investor from the Boston area who put in $2 million.”

Furthermore, in 2015, Donville Kent allegedly broke off his relationship with the MC2 entities, but Murakami allegedly failed to relay this information to Canadian Fund investors at large of said development, according to the aforementioned state regulators.

What is more, Murakami allegedly used investor money from the Canadian Fund to fund promised returns or redemptions to Partners Fund and Value Fund investors, the Complaint reports.

Finally, Murakami, while appearing before the Securities Division, allegedly invoked his right against self-incrimination, the Complaint notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of Ponzi schemes and are currently investigating Yasuna Murakami’s alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Yasuna Murakami’s alleged Ponzi scheme – and in particular investors in the MC2 Capital Canadian Opportunities fund – may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Anthony Sciarra—Investment Fraud

Anthony Sciarra Allegedly Orchestrated a $800,000 Investment Scheme by Purportedly Representing Himself as a Bona Fide Insurance Agent and Financial Adviser

Anthony Sciarra, from 2007 through July, allegedly orchestrated a $800,000 investment scheme by purportedly representing himself as a bona fide insurance agent and financial adviser, according to a Criminal Complaint from the U.S. District Court of Connecticut currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Sciarra’s alleged investment fraud.

Investors who believe they may have lost money in Sciarra’s alleged investment fraud funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Anthony Sciarra, 53, and of Wethersfield, Connecticut, allegedly devised a scheme to “defraud and to obtain money and property by means of materially false and fraudulent pretenses” through purported misrepresentations and promises, according to the aforementioned Complaint.

Said scheme was also allegedly executed with the purpose, and cause to be transmitted, by means of wire communications in interstate and foreign commerce, and certain writings, signs, signals and sounds, including among other wire communications, wire transfers and email communications, the Complaint reports.

The Peiffer Rosca Wolf securities lawyers are investigating Anthony Sciarra’s alleged investment fraud.

Anthony Sciarra is Facing Fraud Charges after Allegedly Making False Representations such as Claiming Funds put into Bond Fund or a Cigarette Distribution Business

Anthony Sciarra, who is facing fraud charges in U.S. Federal Court, purportedly ran AGS Financial through an entity he referred to as “Westport Enterprises”, according to the aforementioned Criminal Complaint being examined by attorneys Alan Rosca and James Booker.

Sciarra allegedly used Westport to solicit investments from various investors by promising big returns of 4 to 12 percent or more, according to the aforementioned Criminal Complaint.

Sciarra allegedly made false representations wherein he led investors to believe that he would invest their funds in a bond fund and/or a cigarette distribution business, the Complaint notes.

Sciarra, instead, allegedly instead used investor cash and diverted funds for his personal use, including restaurant expenses.

Through the scheme, Sciarra allegedly defrauded at least 12 victim-investors of approximately $874,000, Daly said.

Sciarra allegedly faces a maximum term of imprisonment of 20 years, and is pending sentencing, according to Court reports from Connecticut.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Anthony Sciarra’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Anthony Sciarra’s alleged investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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George Bussanich—Ponzi Scheme

George Bussanich Sr Allegedly Operated a $7 Million Family-run Ponzi Scheme in New Jersey

George Bussanich, along with his wife, son and five others, allegedly operated a $7 million Ponzi scheme in New Jersey, according to Reports from the New Jersey attorney general currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Bussanich’s alleged investment fraud.

Investors who believe they may have lost money in Bussanich’s alleged investment fraud funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Bussanich, of Bergen County, allegedly defrauded 26 investors in a pattern of multi-million dollar scams, according to the aforementioned Reports.

The alleged scams allegedly involved the sale of purportedly fraudulent or bogus investments, the Reports note.

In total, Bussanich and his family members allegedly conspired with other persons to take more than $7 million from potential investors and also allegedly used the cash on luxury items including fancy automobiles, the Reports state.

The spectrum of investor has also come into play. For example, Elie Honig, the director of the state Division of Criminal Justice, states that Bussanich and his son and wife allegedly targeted the elderly in what he deems, “classic Ponzi-scheme fashion”, according to reports from New Jersey.

The Peiffer Rosca Wolf securities lawyers are investigating George Bussanich’s alleged Ponzi scheme.

George Bussanich and Son Allegedly Sold Unregistered Investment Notes for a Fictitious Surgical Center that Was Purportedly Simply a Holding Company; Dividend Payments were Allegedly Produced from Principal Funds

George Bussanich and his son allegedly sold unregistered investment notes for a fictitious surgical center that was purportedly simply a holding company, according to Reports from the New Jersey attorney general presently under review by attorneys Alan Rosca and James Booker.

What is more, dividend payments were allegedly produced from principal funds, said Reports notes. Such behavior is a red flag for investors and often the telltale sign of a Ponzi scheme.

Even though the family was charged in September 2015 after making a settlement over an alleged case of fraud for $5.5 million, authorities further claim that they soon allegedly started another scheme which purportedly preyed on many of the supposed victims of the first case, according to Reports from New Jersey.

In total, eight individuals were indicted on a scope of charges including alleged conspiracy, racketeering and money laundering, Reports from New Jersey note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating George Bussanich’s alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Patrick Golden – Private Securities Transactions

Patrick Thomas Golden Allegedly Took Part in Two Private Securities Transactions Totaling $115,000 and Accepted Two Customer Loans Adding up to $153,000

Patrick Golden allegedly engaged in two private securities transactions totaling $115,000 and also allegedly accepted four loans adding up to $153,000 from two customers, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Golden’s alleged private securities transactions.

Investors who believe they may have lost money in Golden’s alleged private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Golden, between March 2011 and April 2013 allegedly engaged in the two aforementioned private securities transactions without allegedly providing prior written notice to his member firm describing the details of the transactions, the AWC notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating Patrick Golden’s private securities transactions.

Patrick Thomas Golden Suspended and Fined $15,000 by FIRNA for Alleged Private Securities Transactions

Patrick Golden, between October 2009 and October 2014, allegedly failed to provide the required notice to Fenner & Smith Incorporated regarding two outside business activities, according to the aforementioned recent FINRA Letter of Acceptance, Waiver and Consent (AWC) presently being examined by attorneys Alan Rosca and James Booker.

The AWC also details that one of the key purported transactions allegedly involved an entity that owned and operated a restaurant (IRG Investment Group, Inc.) and became a customer of Golden‘s firm, and that he serviced its account, the AWC reports.

Golden allegedly gave written notice to the firm which misrepresented that the entity’s principal, known only as SM, was purportedly going to hand over its shares to Golden’s wife, the AWC states.

What is more, neither Golden nor his wife was allegedly investing any money into the entity and later, via a company that Golden purportedly solely owned (Golden Investment Group, LLC – GIG), he bought the shares of IRG for $15,000 and received a stock certificate for the purchase, the AWC notes.

Hence, based on the aforementioned behavior, Golden allegedly violated NASD and FINRA Rules, and has been suspended and fined $15,000 by FINRA, the AWC notes.

One should also note that, according to the AWC, Patrick Golden neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of outside business activity and are currently investigating Patrick Golden’s private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Patrick Golden’s private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Terminus Energy Inc., Emanuel Pantelakis, Danny B. Pratte and Joseph L. Pittera – Misleading Investors/Defrauding Investors

Terminus Energy Inc. Allegedly Misled Investors Regarding Research, Development, and Profitability of Their Purported Fuel Cell Technology Business While Raising $7.9 Million from Investors

Terminus Energy Inc., a California-based Penny Stock Company, allegedly made misleading statements to investors regarding the research, development, and profitability of their purported fuel cell manufacturing business, according to a recent SEC Complaint currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Terminus Energy Inc.’s alleged material misrepresentations.

Investors who believe they may have lost money over Terminus Energy Inc.’s alleged material misrepresentations are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Terminus Energy Inc., the company and its officers, in the course of raising approximately $7.9 million from investors in Terminus Energy Inc., allegedly claimed to have a viable prototype capable of being sold and earning revenue, said SEC Documents report.

The Peiffer Rosca Wolf securities lawyers are currently investigating Terminus Energy’s private securities transactions.

Terminus Allegedly Neither Held the Fuel Cell Technology or the Funding to Match their claims, and Terminus Officers Allegedly Converted Substantial Sums of Investor Cash for Their Own Personal Use

Terminus allegedly did not have the fuel cell technology or the funding to match their claims, and Terminus officers were instead converting huge sums of investor funds for their own use, according to an SEC Complaint presently being examined by attorneys Alan Rosca and James Booker.

Terminus also allegedly failed to disclose to investors that Terminus’s operations manager George Doumanis is a convicted felon who served time for securities fraud and was clandestinely acting as an officer of the company even though he was barred from participating in penny stock offerings, said SEC Documents note.

What is more, Emanuel Pantelakis also allegedly served on the Terminus board of directors even though he had been permanently barred by FINRA, the SEC reports.

Terminus’s CEO Danny B. Pratte and its former president, director, and legal counsel Joseph L. Pittera have also been charged in the SEC’s complaint, the SEC states.

Furthermore, Terminus also allegedly implemented unregistered brokers to make sales of its securities and paid them more than double the commissions than was disclosed to investors in offering documents, according to the SEC Documents.

Joseph Alborano has also been charged in the SEC’s Complaint with soliciting and selling investments for which he brought in more than $1 million in commissions, the SEC notes.

The U.S. Attorney’s Office for the Southern District of New York today also filed criminal charges against Pratte, Doumanis, and Pantelakis in a parallel action, the SEC reports.

Finally, the SEC’s Complaint seeks disgorgement of alleged ill-gotten gains plus interest and penalties as well as officer-and-director bars and penny stock bars, the SEC notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged material misrepresentations and are currently investigating Terminus Energy’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Terminus Energy’s alleged investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Brian Keith Hardwick— Regal Energy Alleged Oil and Gas Fraud

Brian Keith Hardwick Allegedly Brought in $10.7 Million in Fees from a Speculative Investment in Texas Oil and Gas Wells; Investors Also Allegedly Lost $24.6 million of the $25 million Sunk into the Project

Brian Keith Hardwick, 43, CEO of River Securities, LLC and of Plano, Texas, allegedly took in $10.7 million in fees from customers who had invested funds in purportedly speculative oil and gas projects, according to FINRA Documents currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Hardwick’s alleged oil and gas scheme.

Investors who believe they may have lost money over Hardwick’s alleged oil and gas scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Of the reported $25 million which was invested in five oil and gas ventures, a lofty $24.6 million was lost, according to the aforementioned FINRA Documents.

FINRA formed a hearing panel which allegedly found that the respondents took part in a “pattern of misrepresentations and omissions” which were carried out over nearly four years and involved sales in the high-risk joint ventures, FINRA Documents state.

For example, Documents shown to investors made projections of returns on investment of as much as 72 percent, according to a Washington state securities cease-and-desist order from 2015.

Several of Hardwick’s affiliated companies have also received cease-and-desist orders from securities regulators in Colorado, New Mexico and the state of Washington, FINRA reports.

In said cases, they were accusations of selling unlicensed securities and Red River was fined $5,000 by FINRA for failing to disclose the Colorado action to investors.

While Hardwick was the primary owner of Red River, he also owned Regal Energy and Regal Operating as well. The Regal companies allegedly took part in the leasing and drilling of wells, while Red River solicited investments in those projects, according to FINRA

The aforementioned hearing panel demonstrated a “myriad conflicts”, many of which were hidden, and also told of the alleged “drain money” from the project which should have been disclosed to investors, FINRA notes.

FINRA’s hearing panel reports that general conflict-of-interest disclosures were allegedly provided to investors but that these investments called for more detailed disclosures, FINRA notes.

Said oil and gas offerings were already purportedly high-risk ventures but also allegedly misrepresented the amount of income distributed to investors in other Regal Entity joint ventures, and failed to disclose material conflicts of interest, FINRA notes.

What is more, Red River also allegedly failed to give notice to investors that one project was a so-called wildcat well, which is an exploratory well in an unproven area, FINRA notes. Wildcats are usually much riskier investments and in this case the well was plugged also as soon as it was completed, according to the FINRA complaint.

The Peiffer Rosca Wolf securities lawyers are currently investigating Brian Keith Hardwick’s alleged oil and gas fraud.

Brian Keith Hardwick Allegedly Hid Important Information, Did Not Give Attention to Conflicts of Interest, Downplayed Risk, Implemented heavy-handed Sales Tactics and Generally Misled Investors

Hardwick allegedly hid important investor information, glossed over purported conflicts of interest, did not pay adequate heed to potential risk, used heavy-handed sales tactics and generally misled investors, according to FINRA Documents presently being examined by attorneys Alan Rosca and James Booker.

FINRA’s hearing panel eventually concluded that Hardwick intended to “deceive, manipulate or defraud” and that that Hardwick and his company must stop selling securities and repay the aforementioned millions, FINRA notes.

In addition, the FINRA panel also found that Hardwick allegedly mishandled the geologist reports which gave very important information to investors, FINRA states.

Investigators also drew conclusions that Hardwick prepared the reports and then had a professional sign off on them with minimal changes for a $500 fee, FINRA notes.

Hardwick also made “significant changes” to input from the geologist, according to FINRA.

Finally, the hearing panel also ruled that the joint venture purchase was not suitable for two customers, FINRA notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment fraud and are currently investigating Brian Keith Hardwick’s alleged oil and gas fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Brian Keith Hardwick’s alleged oil and gas fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Mike Lundy—Investment Fraud

Mike Lundy Allegedly Encouraged Clients to Invest Money into a Purportedly Fraudulent Investment Company; Lundy Allegedly Took in $4.2 Million and Evaded Income Taxes

Mike Lundy, a.k.a. Barkley J.W. Lundy, and of Rapid City, allegedly lured dozens of clients to invest money into a purportedly fake investment company called Associates Investments from the early 2000s to 2014, according to Court Documents from the U.S. District Court of South Dakota currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Lundy’s alleged investment fraud.

Investors who believe they may have lost money in Lundy’s alleged investment fraud are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Lundy is now facing 23 years in federal prison and has been charged with one count each of alleged wire fraud and making and filing a false tax return, according to said Court Documents.

Lundy also allegedly placed investor’s money in his own bank account, according to a statement he signed as part of a plea deal.

Lundy allegedly used a percentage of investor funds for personal expenses, including payments for home remodeling, vacations and a Jeep, according to Court Documents.

Lundy was also a registered investment adviser and a commissioned representative of Primerica, a North American financial services firm, and managed its Rapid City office, according to reports from Rapid City.

The Peiffer Rosca Wolf securities lawyers are investigating Mike Lundy’s alleged investment fraud.

Mike Lundy Allegedly Lied to Clients or Misled them into Understanding Associates Investments was Associated with Primerica

Mike Lundy allegedly misled clients into believing that Associates Investments was affiliated with Primerica, according to the aforementioned Court Documents currently under review by attorneys Alan Rosca and James Booker.

Lundy also allegedly told clients that their cash would be invested into municipal bonds or other sorts of tax-exempt securities and would be fully repaid, with monthly dividends, over a predetermined period, said Documents note.

What is more Lundy also allegedly persuaded some investors to switch money from their purportedly legitimate Primerica accounts into Associates Investments, and also allegedly promised a higher return, according to statements from Grand Rapids.

In sum, Lundy allegedly collected a total of $4.2 million from around 80 investors, and still owes nearly $1.5 million to 54 investors, whom he agreed to pay back in the February 3rd plea agreement, the Documents note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Mike Lundy’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Mike Lundy’s alleged investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Will Allen— Ponzi Scheme

Former New York Giants First-round Pick Will Allen Facing Six Years in Prison for Allegedly Participating in a Ponzi Scheme

Former NFL defensive back Will Allen, 38, and of Davie, Florida, is facing six years in prison for his alleged role in a Ponzi scheme, according to U.S. District Court (Boston) Documents currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Allen’s alleged Ponzi scheme.

Investors who believe they may have lost money in Allen’s alleged Ponzi scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Allen was sentenced to three years of supervised release and restitution of $16.8 million by U.S. District Judge William Young, according to said Court Documents from Boston.

Judge Young also levied an identical sentence against Allen’s business partner Susan Daub, 56, a former private banker at Regions Bank and of Coral Springs, Florida, said Documents note.

Allen and Daub Allegedly Convinced Investors to Fund Loans to Professional Athletes; Said Loans Were Allegedly Fraudulent and Oversubscribed and Used for Personal Expenses

Allen and Daub allegedly influenced investors to finance loans to professional athletes, according to said U.S. District Court Documents currently under review by attorneys Alan Rosca and James Booker.

Said loans were allegedly fraudulent and oversubscribed and used for personal expenses, according to said Court Documents.

Allen and Daub, from 2012 to April 2015, have also been accused of allegedly promising to use their money to back said loans (which were purportedly high-interest) to athletes through Capital Financial Partners, their Massachusetts-based company, said Court Documents notes.

Prosecutors alleged that millions of dollars went to Allen and Daub and that they also allegedly used new money to repay earlier investors, said Documents note.

Overall, more than $16 million was allegedly lost overall, and many investors lost more than $1 million each, prosecutors state.

Only $22 million of the $35 million the pair collected was allegedly ever actually paid, according to reports from Massachusetts.

It should be noted that said Will Allen should not to be confused with another fellow former NFL defensive back Will Allen, who played for the Tampa Bay Buccaneers and Pittsburgh Steelers from 2004-16.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Will Allen’s alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Will Allen’s alleged Ponzi scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Brian Keith Hardwick—Oil and Gas Fraud

Brian Keith Hardwick Ordered to Pay $24.6 Million in Restitution to Customers Regarding Alleged Fraudulent Sales of Oil and Gas Ventures; FINRA Rules that Hardwick Engaged in a Pattern of Alleged Omissions and Misrepresentations

Brian Keith Hardwick, 43, CEO of River Securities, LLC and of Plano, Texas, has been ordered to pay $24.6 million in restitution to customers for fraudulent sales in five oil and gas joint ventures, according to FINRA Documents currently under review by attorneys Alan Rosca and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Hardwick’s alleged oil and gas scheme.

Investors who believe they may have lost money over Hardwick’s alleged oil and gas scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Brian Hardwick also allegedly brought in $10.7 million in fees from customers who had invested funds in the purportedly risky oil and gas projects, according to the aforementioned FINRA Documents.

A FINRA hearing panel also ruled that the respondents in the case allegedly engaged in a pattern of misrepresentations and omissions that were spread out over nearly four years and involved sales in the risky joint ventures, FINRA notes.

What is more, said panel also dismissed allegations from FINRA’s Department of Enforcement that the firm sold interests in two of the joint venture offerings in violation of the general solicitation prohibition for the private placement of securities, one alleged misrepresentation charge, several alleged suitability violations by the firm, and additional suitability allegations against Hardwick, FINRA states.

Furthermore, the FINRA panel also found that Red River Securities and Hardwick made intentional and fraudulent misrepresentations and omitted material facts in connection with the sales of interests in oil and gas joint ventures issued by Regal Energy, LLC, a tight affiliate of Red River Securities, FINRA states.

Said oil and gas offerings, which were allegedly high-risk ventures, were purportedly misrepresented regarding the amount of income distributed to investors in other Regal Entity joint ventures, FINRA reports.

What is more, Hardwick also allegedly failed to disclose material conflicts of interest such as one of the wells being a so-called “wildcat,” which carried additional risk, FINRA notes.

Hardwick and Red River Securities also allegedly made material omissions regarding information about the sizable management fees that would be paid to the affiliated entity and also allegedly failed to disclose Hardwick’s participation in drafting an independent geologist’s report, according to FINRA.

The Peiffer Rosca Wolf securities lawyers are currently investigating Brian Keith Hardwick’s alleged oil and gas fraud.

Brian Keith Hardwick’s Joint Venture Purchase Ruled Unsuitable for Two Customers by a FINRA Hearing Panel

FINRA’s hearing panel also held that the aforementioned joint venture purchase was not suitable for two customers, according to the aforementioned FINRA Documents presently being examined by attorneys Alan Rosca and James Booker.

One of these customers was a 74-year-old, self-employed farmer and dog breeder who held a net worth of $2 million, liquidity of $20,000, and $150,000 in annual income, FINRA notes.

FINRA ruled that, given her state of liquidity and her self-employed/seasonal employment situation, that her investment of $94,754 in three risky oil and gas ventures in a period of a year, which represented well over half of her annual income, was not a suitable investment, FINRA Documents report.

The FINRA panel decision went so far as to label Red River Securities and Hardwick’s misconduct as “egregious” and made notes of several alleged aggravating factors, including the respondents’ “failure to develop and enforce a robust supervisory system” and “the extent of the respondents’ monetary gain”, FINRA states.

This also included $3.6 million in due diligence fees and commissions from the five offerings, money which was allegedly earned as owners of Regal Entities, and management fees, FINRA notes.

Investors received total distributions of less than $500,000 from the more than $25 million they invested in the five offerings, FINRA states.

Finally, the panel was also critical of the sales tactics which allegedly solicited more than $25 million in investments from 447 investors, FINRA notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment fraud and are currently investigating Brian Keith Hardwick’s alleged oil and gas fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Brian Keith Hardwick ’s alleged oil and gas fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Patrick Howard – Fraud Charges/Fraudulent Offering

Patrick O. Howard and Two Dallas-based Companies, Optimal Economics Capital Partners, LLC and Howard Capital Holdings, LLC, Allegedly Raised $13 Million from 119 Investors through the Purportedly Fraudulent Offer and Sale of Interests in Three Private Funds

Have you lost hard-earned cash investing in Patrick Howard’s Optimal Economics Capital Partners, LLC or Howard Capital Holdings, LLC?

Several Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in Howard’s alleged investment fraud.

Investors who believe they may have lost money in Howard’s alleged investment fraud funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Patrick Howard and two Dallas-based Companies, Optimal Economics Capital Partners, LLC and Howard Capital Holdings, LLC, allegedly raised $13 million from 119 investors through the fraudulent offer and sale of interests in three private funds, according to SEC Documents currently under review by attorneys Alan Rosca and James Booker.

The SEC’s Complaint makes further allegations that Patrick Howard and his companies, since February 2015, allegedly told investors that they would earn between 12% and 20% annual returns by investing in said funds with minimal risk exposure.

Howard also allegedly made representations that nearly all investor funds would be used to acquire the interests in the portfolio companies’ revenue streams, and that the promised returns were backed by insurance, the SEC states.

The Peiffer Rosca Wolf securities lawyers are investigating Patrick Howard’s alleged investment fraud.

Howard and His Companies Allegedly Only Used $7.5 Million of the $13 Million in Investor Funds to Acquire Revenue Streams from Portfolio Companies; Optimal Economics Allegedly Used Fresh investor Funds to Deliver Ponzi-like Payments to Earlier Investors

Howard and his companies allegedly only implemented $7.5 Million of the $13 million in investor funds to make acquisitions of revenue streams from portfolio companies, according to the aforementioned SEC Documents being examined by attorneys Alan Rosca and James Booker.

What is more, they also allegedly represented that nearly all investor funds would be used to acquire the interests in the portfolio companies’ revenue streams, and that the promised returns were backed by insurance, the SEC also alleges.

The SEC purports that these alleged representations were false, the SEC Documents report.

Howard, in order to allegedly cover up the reality that revenue from the portfolio companies was not enough to support the guaranteed minimum returns promised to investors then allegedly sent account statements to investors that purportedly depicted false account balances and which encouraged investors to “reinvest” their purported earnings back in the funds, according to the SEC Complaint.

Finally, Optimal Economics allegedly used new investor funds to make Ponzi-like payments to earlier investors, the SEC states.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Patrick Howard’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Patrick Howard’s alleged investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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