$7.8M Settlement in Class Action Against Broker Network
0+ Clients Compensated for Unauthorized Trades and Losses
The Charges:
The broker and their supervising firm were charged with breach of fiduciary duty for failing to act in the client’s best interest, unauthorized trading for executing transactions without proper consent, churning for excessively trading to generate commissions, and negligent supervision for allowing these practices to occur without appropriate oversight.
Awarded:
$7.8 million total settlement $260,000 in legal fees covered by defendants Broker licenses revoked for two agents
$1.1M Recovery in Cryptocurrency Exit Scam
Digital Asset Tracing Leads to Major Crypto Win
The Charges:
The defendants were charged with securities fraud for promoting unregistered digital assets as guaranteed investments. They were also accused of wire fraud for soliciting and transferring investor funds through misleading digital communications. Additionally, the case involved international financial deception, where the organizers intentionally concealed their identities and rerouted funds through offshore crypto wallets to avoid detection.
Awarded:
$1.1 million in recovered USDT, ETH, and BTC Court-ordered injunctions on all known wallets Multi-jurisdictional asset freeze granted
Real Estate Syndicate Fraud – $3M at Risk
Multi-State Lawsuit Filed Against Vanished Investment Firm
The Charges:
The defendants were charged with securities fraud for offering investments without proper regulatory compliance, breach of contract for failing to deliver on promised returns, failure to disclose material risks associated with the investment, and civil theft for misappropriating investor funds for unauthorized use.
Awarded:
Emergency asset freeze on $1.8M Civil suit seeking $3.2M plus damages
Financial Advisor Whistleblower Representation
Internal Misconduct Alerted to SEC – Case Pending
The Charges:
The firm was reported for misleading performance data intended to deceive clients and regulators, implementing unauthorized fee structures that violated client agreements, and falsifying investor reports to inflate portfolio results and conceal poor performance.
Awarded:
Awarded (potential): SEC whistleblower award (15–30% of penalties) Full anonymity and legal protection secured
Crypto Arbitrage Fund Collapse – $5M Under Investigation
Cross-Border Asset Tracing & Exchange Involvement Ongoing
The Charges:
The ongoing investigation involves potential securities violations for offering unregistered investment opportunities, deliberate deception of investors through false marketing claims, and operating an investment fund without the required financial licenses or regulatory oversight.
Awarded:
Awarded (to be determined): Asset hold requested on Binance & Kraken Civil litigation to follow asset verification
$3.1M Settlement in Crypto Ponzi Token Case
Investors Deceived by "Tech Startup Token" Promising 300% ROI
The Charges:
The ongoing investigation involves potential securities violations for offering unregistered investment opportunities, deliberate deception of investors through false marketing claims, and operating an investment fund without the required financial licenses or regulatory oversight.
Awarded:
$3.1 million returned to 26 investors Defendants barred from future crypto trading Joint civil and criminal referrals issued
$675K Won in Arbitration Against Stockbroker for Churning
Client’s Retirement Account Was Misused for Excessive Trades
The Charges:
The broker was charged with churning, engaging in excessive trading within the client’s account solely to generate commissions, implementing an unsuitable investment strategy that failed to align with the client’s financial goals and risk tolerance, and breaching multiple FINRA regulations governing ethical trading practices and fiduciary responsibilities.
Awarded:
$675,000 in damages and lost value Broker fined and suspended by FINRA Client also awarded arbitration legal costs
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