201408.07
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Firm Announces New Name, New Practice Areas, and New California Office!

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, will assist the firm with its existing practice and…

201405.07
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Barry Bekkedam Accused of Securities Fraud in Connection with Scott Rothstein’s Ponzi Scheme

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 that purportedly purchased lawsuit settlements from now-convicted Ponzi-schemer Scott…

201404.29
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Harry Stokes Defrauded Investors out of Millions Through His Ponzi Scheme

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 one of his former clients and two of…

201404.15
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Kenneth Carlton Accused of Using Bad Science to Solicit Investments for Nekekim Gold Mining Operation

Hundreds of individuals invested over $16 million in a fruitless gold mining venture organized by Nekekim Corporation and its CEO, Kenneth Carlton, according to a complaint filed by the Securities and Exchange Commission.  Nekekim and Carlton defrauded investors by stating that a special “complex ore” found at Nekekim’s mine site in Nevada contained gold deposits…

201403.31
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SEC Alleges Bret L. Boteler Committed Securities Fraud

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 EnerMax’s website and EnerMax’s sales force to “cold call”…

201403.24
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James D. Helgeson Investigated by Securities Lawyers in Connection with Rex Ventures and Zeekler Alleged Participation

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 Alan Rosca are investigating this matter. Helgeson posted advertisements on…

201403.24
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Prock v. Thompson National Properties, LLC, et al.

Prock v. Thompson National Properties, LLC, et al., a securities class action filed on behalf of investors in the TNP 6700 Santa Monica Boulevard, a real estate investment program that raised approximately $17 million from the investing public. Claims are predicated upon alleged material misrepresentations and omissions in the program’s offering documents by its sponsor…

201403.24
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Diebold v. Northern Trust Investments

Diebold v. Northern Trust Investments, a case brought on behalf of a class of approximately 1,500 ERISA plans alleging that an ERISA fiduciary violated its fiduciary duty by making imprudent investment decisions and charging excessive fees in connection with its securities lending programs. The parties in the case have recently agreed to a settlement, which…