There are several FINRA arbitration jobs available to professionals who have an interest in the FINRA arbitration process. This post discusses some of these jobs. Become a FINRA Arbitrator An arbitrator is a neutral party who oversees arbitration proceedings. They decide who wins the FINRA arbitration as a judge and jury decides a court case. […]
Author Archives: Patrick Mahoney
10
Apr
Apr
April 10, 2023 Super Lawyers magazine has designated firm founder Patrick Mahoney as one of the TOP 100 “Up-and-Coming” attorneys in all Southern California for the SEVENTH year in a row! Super Lawyers also nominated Patrick as a “Rising Star” for the ninth year in a row. Super Lawyers is a publication that […]
10
Apr
Apr
The Law Offices of Patrick R. Mahoney, P.C. (“PRM”) is investigating the Crosby Investment Group (“Crosby”). PRM represents clients who have pending FINRA arbitration claims against Crosby’s alleged affiliate and principal, Independent Financial Group (“IFG”). PRM’s investigation of the Crosby Investment Group takes place concurrently with two other, related investigations: PRM’s investigation concerning Independent Financial […]
28
Mar
Mar
March 23, 2023 CNBC -Rebecca Picciotto Former Morgan Stanley advisor Darryl Cohen was arrested on Thursday morning for allegedly defrauding current and former NBA players including Jrue Holiday, Chandler Parsons and Courtney Lee. Cohen is charged with one count of conspiracy to commit wire fraud and one count of wire fraud, according to federal prosecutors. Each count carries up […]
Firm News, Uncategorized
Ex-Morgan Stanley adviser arrested after allegedly defrauding NBA players out of millions
28
Mar
Mar
March 25, 2023 Yahoo! News -Chris Cwik Former Morgan Stanley adviser Darryl Cohen was arrested Thursday after allegedly defrauding NBA players out of millions. Cohen is accused of transferring roughly $13 million from his NBA clients into his personal accounts. Cohen was charged with one count of conspiracy to commit wire fraud and one count of wire […]
28
Mar
Mar
March 23, 2023 New York Times -Kevin Draper Four people were arrested Thursday and charged with collectively defrauding four professional men’s basketball players out of more than $13 million, according to Damian Williams, the United States Attorney for the Southern District of New York. In one scheme, three players were allegedly persuaded to purchase more […]
27
Mar
Mar
(EDITOR’S NOTE: The FINRA expungement process changes described in this post will soon take effect. When they do, it will be even more difficult to remove meritless disclosures from BrokerCheck. CONTACT US TO ASSESS YOUR EXPUNGEMENT CASE FINRA’s Imminent Changes to Expungement Last year, FINRA moved closer to finalizing several proposed rules to change the […]
09
Feb
Feb
Investors should always inquire with their financial advisor about the fees charged for managing brokerage accounts. In general, there are two ways a financial advisor gets paid: (1) the financial advisor can charge an annual fee on the total assets invested; or (2) a financial advisor can charge commissions on a transactional basis. Commission-based accounts […]
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Jul
Jul
February 22, 2022 New York Times David W. Chen Around the time that Lauren Holiday helped the United States soccer team win the 2015 Women’s World Cup, she and her husband, Jrue Holiday, the N.B.A. player, visited the Southern California office of a securities broker who had come highly recommended for making prudent long-term investments. […]
