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ÍøÆØ³Ô¹Ï Blog

SEC Charges Private Fund Advisor and Owner With Fraud

September 20th, 2022 at 12:01 PM
The Securities and Exchange Commission (SEC) has charged Ramas Capital Management (RCM) as well as its managing partner and owner, Ganesh Betanabhatla, over alleged misrepresentations and breaches of fiduciary duty to a privately-managed fund and its sole investor. 
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State Regulators Warn Investors ÍøÆØ³Ô¹Ï The Metaverse

September 19th, 2022 at 12:51 PM
While the metaverse is fake, real fraudsters within the virtual world can cause actual financial harm, according to state securities regulators. 
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SEC Charges Two North Carolina Advisors Over Alleged $75 Million Fraud

September 16th, 2022 at 2:09 PM
The Securities and Exchange Commission (SEC) has charged two North Carolina-based advisors, Gregory Lindberg and Christopher Herwig, with defrauding clients out of at least $75 million through unauthorized trades.
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SEC Charges Hedge Fund Portfolio Manager with Fraud

September 15th, 2022 at 2:55 PM
The Securities and Exchange Commission (SEC) has charged an Oklahoma City-based hedge fund portfolio manager with defrauding investors by making unauthorized trades that caused the fund to lose at least $10 million.
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Terraform Labs Faces Class Action Over TerraUS Failure

September 15th, 2022 at 11:16 AM
Terraform Labs is facing a potential class action suit over the collapse of its TerraUS stablecoin, which generated millions in losses to investors. 
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Former Wisconsin Advisor Receives 84-Month Prison Sentence For Fraud

September 13th, 2022 at 3:39 PM
A former Wisconsin-based advisor has received an 84-month prison sentence for defrauding nearly 100 investors and a bank, according to the Department of Justice. 
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Former David Lerner Advisor Agrees To Settlement Over Proprietary Energy Fund

September 12th, 2022 at 12:55 PM
The Financial Industry Regulatory Authority (FINRA) has agreed to a settlement with a barred David Lerner advisor over the millions of dollars of unpaid distributions owed to investors who purchased a proprietary energy fund prior to energy prices collapsing in 2020.
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FINRA Settles With Kovack Over Failure to Supervise

September 9th, 2022 at 1:11 PM
Kovack Securities over the firm’s failure to supervise one of its unnamed advisors who improperly recommended short-term investments in mutual fund share classes. 
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FINRA Suspends Former Merrill Advisor Over Unauthorized Trades

September 8th, 2022 at 1:48 PM
The Financial Industry Regulatory Authority (FINRA) has issued a 45-day suspension and a $5,000 fine on a former Merrill Lynch advisor who allegedly completed unauthorized trades in three separate client accounts. 
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Former Rockefeller Advisor Lands at Colorado RIA After Unauthorized Trading Allegations

September 7th, 2022 at 2:08 PM
A former Rockefeller Capital Management advisor, Brent Hablutzel, has joined an LPL Financial-affiliated firm after his termination in July over allegations that he completed several unauthorized trades on behalf of his clients. 
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TESTIMONIALS

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I learned two important things working with ÍøÆØ³Ô¹Ï. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

1783957061 Law
July 13, 2026
FINRA Warns of Growing Risks From Finfluencers and AI-Driven Investment Content

Financial Industry Regulatory Authority (FINRA) regulators are raising concerns about the increasing influence of social media personalities and artificial intelligence (AI) on retail investors, particularly those managing their own investments without professional guidance.

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

1783525964 Law
July 8, 2026
SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.