Ex-Oppenheimer John Woods Sentenced In $110M Horizon Private Equity III Scam Our Broker Fraud Lawyers Are Continuing To Investigate Investor Losses John J. Woods, a former Oppenheimer & Co. financial advisor who was caught defrauding hundreds of investors in a $110M Ponzi scam, is now sentenced to nearly eight years in prison.…
Are You Still Waiting To Recoup Your Losses In The Alleged GWG Ponzi Scam? Our Skilled Ponzi Fraud Lawyers Are Continuing to Sue Brokerage Firms On Behalf Of Investors Shepherd Smith Edwards and Kantas team of Ponzi Fraud Lawyers (investorlawyers.com) recently filed another three FINRA lawsuits over investor losses sustained…
Customers Were Sold Private Equity Shares By Ex-Georgia Broker and Southport Capital Investment Adviser John Woods A Financial Industry Regulatory Authority (FINRA) arbitration panel in Atlanta has ordered Oppenheimer & Co. to pay several investors $36.7M in the wake of losses sustained in the alleged $110M Horizon Private Equity III…
Ex-Morgan Stanley Broker Accused of Defrauding Investors, Including Retirees The Securities and Exchange Commission (SEC) has filed civil charges against former Morgan Stanley financial advisor Shawn Edward Good accusing him of operating a years-long Ponzi scheme and misappropriating millions of dollars from customers. Shawn Good is accused of raising at…
Boca Raton Insurance & Financial Services Firm Accused of Ponzi Scam Many senior investors say that Seeman Holtz failed to pay out millions of dollars upon the maturity of their investments. These investors contend that they had expected to make an interest of up to 8% yearly and garner fixed…
Founder Faces Charges Over $1.8B Ponzi Scam and Wants GPB Capital to Pay His Legal Fees Beleaguered private equity firm GPB Capital Holdings is back in the news. This time its founder and former CEO, David Gentile, is suing the company in Delaware Chancery Court. Gentile, who is facing criminal,…
Ex-Texas Financial Advisor Allegedly Killed An Investor While Operating a Ponzi Scam Keith Todd Ashley, who was fired by Parkland Securities in October 2020 and is charged with murder, is now also facing Financial Industry Regulatory Authority (FINRA) charges. FINRA filed its complaint in December 2021 and is alleging that…
Former New Jersey Financial Advisor Allegedly Targeted Florida Doctors James Alan Seijas, an ex-Wells Fargo Clearing Services broker, was barred by the Financial Industry Regulatory Authority (FINRA) beginning November 2, 2021. The former New Jersey investment advisor did not provide information in the self-regulatory organization’s (SRO’s) investigation into his alleged…
Deceased New York Broker Philip Incorvia May Have Defrauded Investors A retired couple living in Florida has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against broker-dealer Henley & Co. over losses they suffered while working with Philip Robert Incorvia as their registered financial advisor. Incorvia, who died in…
Former Georgia Financial Advisor Allegedly Ran Ponzi Scheme Through Southport Capital On August 20, 2021, the Securities and Exchange Commission (SEC) filed an emergency action seeking to stop a $110 million Ponzi scheme allegedly operated by ex-Oppenheimer stockbroker, John Justin Woods. The fraud, involving Horizon Private Equity III, LLC was…