On September 25, 2015 the SEC filed a civil injunctive in federal court in Colorado relating to the fraudulent offer and sale of stock in GenAudio, Inc. The SEC charged GenAudio, Inc., a Colorado corporation, its corporate successor, Astound Holdings, Inc. and GenAudio’s founder and CEO, Taj Jerry Mahabub, of Broomfield,…
On September 28, 2015 the SEC announced that it had filed fraud charges against Eldrick Woodley, a Houston-based investment advisor, for misappropriating close to $150,000 from customers. funds. According to the SEC’s complaint, filed in the U.S. District Court for the Southern District of Texas, Houston Division, Eldrick Woodley, through…
On August 20, 2015 The SEC announced that it had obtained a preliminary injunction freezing the assets of Iftikar Ahmed, an investment professional, who they charged with running a 10 year fraud at the venture capital firm where he previously was employed, Oak Investment Partners. The SEC filed its emergency…
In a complaint filed by the Securities and Exchange Commission on November 24, 2015, former Edward Jones broker Bernard Parker of Indiana, PA was charged with fraud, accused by the SEC of stealing investor money to remodel his house and pay other bills. The SEC charged Parker with conducting an…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Aldo Comuzzi of Boca Raton, FL, and formerly associated with Dawson James Securities submitted a letter of acceptance, waiver and consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Ryan Bowers of San Diego, California submitted a letter of acceptance, waiver and consent in which he was assessed a deferred fine of $25,000 and suspended from association with any FINRA member in any capacity for five months. Without…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Jim Belenis of Davis, California submitted a letter of acceptance, waiver and consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 20 business days. Without admitting or denying the…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Wiley Bros. Aintree Capital, LLC of Nashville Tennessee submitted a letter of acceptance, waiver and consent in which the firm was censured and fined $35,000. Without admitting or denying the findings, Wiley Bros. Aintree Capital consented to the sanctions…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Sterne Agee Financial Services, Inc. of Birmingham, Alabama) submitted a letter of Acceptance, Waiver and Consent in which the firm was censured and fined $25,000. Without admitting or denying the findings, the firm consented to the sanctions and to…
In November, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that registered representative Jeff Mohlman of Dayton, Ohio and formerly associated with Questar Capital submitted a letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying…