SEC charged Pacific Private Money Group executives with an alleged $80 million Ponzi-like scheme that targeted retirees and senior citizens.
FINRA expelled Reid & Rudiger LLC and barred its cofounders for churning and excessive trading that caused roughly $2.7 million in investor losses.
FINRA censured Centaurus Financial, fined it $475,000, and ordered $634,488.56 in restitution. Patrick Carroll was fined $10,000 and suspended for 12 months over unsuitable variable annuity exchanges.
Inspired Healthcare Capital sold roughly 30 senior-living communities for $717 million, but lenders object over proceeds allocation and the auction process.
Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has formally opened an active investigation into financial advisor Kay Song (CRD #7183727), currently registered with Fifth Third Securities in Ohio. If you invested with Kay Song, or have concerns regarding her conduct while at Fifth Third Securities or any prior employer, we urge you to
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