The Securities Fraud Lawyers at Greco & Greco have been hearing more and more about criminal schemes involving securities account takeovers followed by criminals engaging in unauthorized trading to pump and dump the values of thinly traded stocks. These attacks often occur when bad actors gain unauthorized access to brokerage accounts through the exploitation of…
Continue reading ›The Securities and Exchange Commission (SEC) has fined multiple related securities firms for alleged whistleblower violations. The SEC initiated administrative and cease-and-desist proceedings against three financial entities: Nationwide Planning Associates, Inc. (“Nationwide”), NPA Asset Management, LLC (“NPA”), and Blue Point Strategic Wealth Management, LLC (“Blue Point”), collectively referred to as “Respondents”. In response to the…
Continue reading ›A long-time investment advisor with Cantella & Co. based in Owensboro, Kentucky was recently suspended by FINRA for alleged wrongful conduct. Pursuant to FINRA Rule 9216, Gleason submitted a Letter of Acceptance, Waiver, and Consent (AWC) aimed at settling alleged violations and avoiding future repercussions from FINRA based on the same findings. Gleason’s career spanned…
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