OZY Media is a media and entertainment company launched in September 2013 by Carlos Watson and Samir Rao located in Mountain View, California, with...
Securities
Former Morgan Stanley Broker Pleads Guilty to $6M Fraud
Last month, Michael Barry Carter (CRD 3232017) plead guilty in a federal court in Maryland to a six million fraud. Carter was a financial advisor...
SEC Gets $2.8M Judgment in Ponzi Scheme Case
Last week, the SEC obtained judgments against two men who operated a multi-million dollar Ponzi scheme. The SEC filed a complaint against Neil...
FINRA SANCTIONS FORMER APPRENTICE CONTESTANT
Last week, FINRA sanctioned Mark Lamkin, a financial advisor based in Louisville, Kentucky and a former contestant on the reality television show...
An Overview of Maryland’s New Elective Share Statute
Last fall, the Maryland legislature passed House Bill 99. The bill changed a surviving spouse’s elective share of the deceased spouse’s estate. In...
Wife of Towson Ponzi Scheme Conspirator Receives Harsh Sentence
Last month, Amanda Merrill of Towson, Maryland, the wife of Ponzi scheme conspirator Kevin Merrill, was sentenced to house arrest and six weekends...
FINRA Awards Former MLB Outfielder $1.7 Million
Last week, a FINRA arbitration panel awarded a former professional baseball player, Angel Pagan, and his wife, Windy, $1.7 million in connection...
SEC Fines MetLife $10 Million
Last week, MetLife, Inc. agreed to pay the Securities and Exchange Commission $10 million to settle charges for violating bookkeeping and internal...
Maryland Court Upholds Sanctions Against “Money Guys” Adviser
Earlier this month, the Maryland Court of Special Appeals upheld sanctions imposed against Philip Rousseaux. Rousseaux is a former financial...
Raymond James’ Customers Awarded $3.2 Million
A FINRA arbitration panel ordered Raymond James & Associates, Inc. to pay $3.2 million in damages to customers for unauthorized and reckless...