San Francisco, CA - Today, the law firm of Peiffer Rosca Wolf Abdullah Carr & Kane, LLP filed a brief in the United States Supreme Court on behalf of its client, the City of Reno. The case arises out of a FINRA arbitration that the City...
We are delighted to announce that our firm family has expanded! After Adam Wolf’s law firm, Wolf Legal, P.C., merged with our firm, our new firm name is Peiffer Rosca Wolf Abdullah Carr & Kane, L.L.P. Adam and his team, including Tracey Cowan and Tien Le,...
Barry R. Bekkedam, the former owner, Chairman, and CEO of Ballamor Capital Management, LLC, is accused of committing securities fraud by the Securities and Exchange Commission (“SEC”). From April through October 2009, Bekkedam encouraged his clients and others to invest approximately $100 million in a fund...
Harry Stokes orchestrated a Ponzi scheme and defrauded investors out of millions of dollars, according to a complaint filed in North Carolina state court. Stokes was licensed to sell investment products and owned an insurance firm, Contemporary Benefits Design, located in Monroe, North Carolina. Stokes admitted to...
Daniel Howard Glick, formerly with Transamerica Financial Advisors, Inc., was barred from the securities industry by the Financial Industry Regulatory Authority (FINRA) in connection with claims Glick forged clients’ signature on documents in order to gain access to his clients’ assets. Glick forged clients’ signatures on...
Bret L. Boteler, the president of EnerMax, Inc., raised $17.26 million through the fraudulent offer and sale of securities to over 250 investors in more than 40 states without registering any offering, according to a complaint filed by the Securities and Exchange Commission (SEC). Boteler used...
James D. Helgeson, a former Kovack Securites registered representative, was sanctioned by the securities regulators. Helgeson consented to a one-month suspension and a fine of $5,000 from the Financial Industry Regulatory Authority (FINRA) without denying or admitting FINRA’s factual findings. Securities attorneys Joe Peiffer and...
Inland Diversified Real Estate Trust Inc. has said that it has agreed to merge with Kite Reality Group Trust, a publicly traded REIT in a $2.1 billion all-stock deal. The merger is expected to close between the second or third quarter will be based on...
Plaintiffs can now bring class actions under state Blue Sky Laws against those who aided and abetted Ponzi schemes where the investment program was purported to be related to a security traded on a national stock exchange – a “covered security” under the Securities Litigation...
Colorado Financial Service Corporation (CFSC) was sanctioned by securities regulators after regulators accused CFSC of failing to conduct due diligence concerning private placements and non-traded real estate income trusts (REITs). CFSC agreed to pay a $10,000 fine levied against it by the Financial Industry Regulatory Authority...
