SEC Actions

SEC Actions Against Pagartanis, Global Trading Institute, TCFG Investment Advisors, Brent Borland

The SEC filed four civil injunctive proceedings last week and no administrative proceedings. This excludes tag-along or similar proceedings. Offering fraud. SEC v. Pagartanis. Civil Action No. 25242, which was filed on October 7, 2021, is an earlier action that names Steven Pagartanis as the defendant. Defendant was an investment professional and sold investments to the public …

SEC Actions Against Pagartanis, Global Trading Institute, TCFG Investment Advisors, Brent Borland Read More »

Naseem Salamah Targeted Elderly Clients For Fraud

Naseem Salamah Targeted Elderly Clients For Fraud

Injunctive relief, disgorgement, prejudgment interest, and civil penalties have been sought by the Securities Exchange Commission (SEC) in their complaint charging (now former) investment advisor Naseem Salamah with the violation of several federal securities laws. Naseem Salamah Fraud Allegation The action arises from allegations of Salamah having stolen over $968,600 from three elderly clients through …

Naseem Salamah Targeted Elderly Clients For Fraud Read More »

SEC Charges 21 Registered Investment Advisors and 6 Brokers Dealers

SEC Charges 21 Registered Investment Advisors and 6 Brokers Dealers

Securities and Exchange Commission (SEC) has fined and charged 21 registered investment advisors and six broker-dealers with failing to timely file and deliver customer relationship summaries, known as Form CRS. The penalties range from $10,000 to approximately $97,500. The SEC approved in June 2019 its four-part package regulations that aim to reform investment advice standards for …

SEC Charges 21 Registered Investment Advisors and 6 Brokers Dealers Read More »

Mark Barrand (Ameriprise Financial) Complaint Filed

Mark Barrand (Ameriprise Financial) Complaint Filed “FINRA”

Haselkorn & Thibaut, P.A., a national investor law firm, is investigating claims of unsuitable investment recommendations against Mark Barrand who is an investment advisor with Ameriprise Financial.  Former clients have made allegations that Barrand misrepresented investments and did follow suitability standards for clients. Mark Allen Barrand, the broker at the center of these disputes, is …

Mark Barrand (Ameriprise Financial) Complaint Filed “FINRA” Read More »

Scroll to Top