News

The Securities and Exchange Commission recently announced and settled charges against two individuals in California relating to an alternative-energy tax-credit Ponzi scheme. The SEC alleged that Joseph Bayliss, a licensed general building contractor, and Ronald Roach, a certified public accountant and investment adviser, orchestrated a massive Ponzi scheme that raised over $900 million between 2011 [...]

In recent years, many brokerage firms have been selling private placements for GPB Capital – and in return, they received tens of millions of dollars in commissions. But now those brokerage firms have to face their customers because the GPB investments have plummeted in value. GPB raised $1.8 billion from customers who purchased the private [...]

In September 2019, a third-party recruiter hired the Business Trial Group (“BTG”) after an international foreign exchange company failed to pay compensation owed to our client in connection with the placement of a candidate/lead. Within one month of being sued by BTG, the foreign exchange company settled and paid our client’s compensation. Our client has [...]

The Securities and Exchange Commission recently settled charges against two BMO advisory firms for failing to disclose how they selected investments in their retail investment advisory program – which allegedly included selecting proprietary, more expensive investments that resulted in greater profits for the BMO firms. The SEC’s order states that BMO Harris Financial Advisors Inc [...]