News & Events
PIABA Publishes Video to Educate Investors of the Prevalence of Investment Abuse
The Public Investors Arbitration Bar Associ
ation (PIABA) released a video featuring victims as well as many PIABA members who explain why investors are hesitant to hold their brokers responsible for bad investment recommendations and fraud. PIABA is encouraging securities arbitration attorney’s, including Law Office of Anthony B. Bingham, P.C., to share the video. It is PIABA’s hope that the video will educate investors about the prevalence of investment abuse and prompt more investors to come forward and bring claims.
Should you have questions after watching the video, please contact our office at 480.832.1922.
Wishing you a Happy Thanksgiving!
The Law Office of Anthony B. Bingham, P.C. will be closed on Thursday, November 24th and Friday, November 25th in observance of Thanksgiving. We wish you a Happy Thanksgiving.
SEMINAR: Investment Objectives and Risk Tolerance
Email us at [email protected] to reserve your seats.
Lawrence Michael LaBine Sanctioned by FINRA
In April 2016, Lawrence Michael LaBine, of Fountain Hills, Arizona, consented to FINRA’s sanctions and was barred from associating with FINRA members in any capacity. According to the FINRA disciplinary action, “Without admitting or denying the allegations, LaBine consented to the sanction and to the entry of findings that he made fraudulent misrepresentations and omissions of material facts to customers in connection with the sale of senior debentures (Series D)…” LaBine was also found to have, “Made unsuitable sales of non-traded real estate investment trust (REIT’s) and other alternative investments, including Series D and his entity’s securities to customers who were elderly and/or inexperienced investors.
Happy Labor Day
The Law Office of Anthony B. Bingham, P.C. will be closed on Monday, September 5, 2016 in observance of Labor Day.
Have a Safe & Happy 4th of July!
The Law Office of Anthony B. Bingham, P.C. will be closed on July 4, 2016 in observance of Independence Day.
Oppenheimer & Co. Sanctioned $2.9 Million by FINRA
FINRA fined Oppenheimer & Co, Inc. $2.25 million and was ordered to pay more than $716,000 in restitution to customers for selling non-traditional ETF’s to customers without reasonable supervision and for recommending non-traditional ETF’s that were not suitable. Read the entire FINRA News Release here.
Enormous Alleged Lawson Financial Bond Sale Fraud
A complaint was filed by FINRA against Lawson Financial Corporation, a Phoenix-based firm, and CEO, Robert Lawson for securities fraud in the sale of millions of dollars of municipal revenue bonds. If you purchased any bonds from Lawson Financial Corporation, Inc., call us today at 480.832.1922. Read the full article here.
David Joseph Escarcega of Phoenix, AZ Fined for Misrepresentations
David Joseph Escarcega of Phoenix, AZ was sanctioned by FINRA for intentionally making false misrepresentations or omissions to customers. Read the FINRA Disciplinary Action Here on page 30.