Blog
Former broker charged for real estate scheme
September 30, 2017
The Securities and Exchange Commission today charged a former broker, his company, and his business partner in an alleged real estate investment scheme utilizing high-pressure sales tactics to pilfer $6 million from retirees and other investors while using the proceeds to fund the broker’s lavish lifestyle and start e-cigarette businesses. The SEC alleges that Leonard […]
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Bae Keun Yu; SH Investment & Securities; Los Angeles, California
August 6, 2017
According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Bae Keun Yu violated securities laws. Mr. Yu allegedly formed Optima Koam Investment Inc. in September 2013 in order to invest in Korean securities and opened an account at a Korean broker-dealer. He then purchased shares in […]
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Aidikoff, Uhl & Bakhtiari partner Ryan Bakhtiari to speak at 2017 Practicing Law Institute Securities Arbitration program
August 1, 2017
Aidikoff, Uhl & Bakhtiari partner Ryan Bakhtiari has been invited to participate as a speaker at the 2017 Practicing Law Institute (PLI) conference program on Wednesday, September 27, 2017. Mr. Bakhtiari’s panel is titled “Preparation for Expungement Hearings in Securities Arbitration.” This discussion will include topics, issues and procedures involved in arbitrating expungement matters. For […]
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Calvin Moores barred, former IFG and Centaurus financial advisor
July 15, 2017
FINRA barred former Centaurus Financial Inc. (Fullerton, CA) and Independent Financial Group (Brea, CA) broker Calvin Edward Moores after he failed to cooperate with an investigation into allegations of improper conduct. Three settled customer disputes in Moores’ BrokerCheck report, with a total combined settlement of $212,500, alleged unauthorized trading, unsuitable recommendations and over concentration in high […]
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Recovery for Woodbridge investors
July 3, 2017
Frank Capuano of Royal Alliance Associates, Inc. agreed to findings that he sold approximately $1.1 million in Woodbridge Mortgage Investment Funds notes to customers of the firm. Capuano also consented to findings that he failed to obtain written approval from his firm for these transactions. Initiated By FINRA Resolution Acceptance, Waiver & Consent(AWC) Sanctions Civil and Administrative Penalty(ies)/Fine(s) […]
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