In the ever-changing landscape of mergers and acquisitions (M&A), Delaware courts remain at the forefront, setting influential legal precedents. Recent decisions from Delaware courts offer critical insights into various aspects of M&A transactions, from fiduciary duties to the impact of stockholder votes. Here’s a closer look at some notable cases from the past year and […]

DAN E DROEG (DAN EDWARD DROEG, DAN DROEG) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm in March of 2022. Without admitting or denying FINRA’s findings, DAN E DROEG consented to the sanction and to the entry of findings that he allegedly “converted assets of a […]

In a significant development, the U.S. Department of the Treasury has announced plans to introduce new anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations for investment advisers. This initiative aims to address concerns that without consistent AML/CFT requirements, hedge funds and private equity firms could be exploited by corrupt officials and illicit […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: DH HILL SECURITIES, LLLP, and a former registered representative (Respondents). The Claimants are a married couple living in Nebraska.  The husband is retired and his wife is currently employed. The lawsuit states that the Claimants became clients of DH HILL […]

GARY S COSTELLO (GARY STEVEN COSTELLO II), was previously registered both as an investment advisor and as a broker. Costello, currently is not registered with any firms. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, GARY S COSTELLO has been registered in the securities industry for 7 years and was listed with […]

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, SCOTT W TAUBMAN (SCOTT WILLARD TAUBMAN, SCOTT W. TAUBMAN, SCOTT TAUBMAN) is a broker/financial advisor who was previously registered with AMERIPRISE FINANCIAL SERVICES, LLC of Peoria, Arizona, from 03/03/2017 - 09/13/2022. The FINRA report, dated July 19, 2024, states that SCOTT W TAUBMAN was […]

Key Requirements and Deadlines Under the Corporate Transparency Act Effective January 1, 2024, the Corporate Transparency Act (CTA) mandates that all domestic and foreign entities qualifying as “reporting companies,” file a Beneficial Ownership Information Report (BOIR) with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement aims to enhance transparency and combat […]

In recent years, the Securities and Exchange Commission (SEC) has escalated its focus on off-channel communications within the financial services industry, targeting the use of personal devices and platforms like “WhatsApp” for business-related discussions. This scrutiny stems from concerns that such communications bypass the “books and records” requirements that apply to financial institutions, leading to […]

The Securities and Exchange Commission (SEC) announced on August 14, 2024, that it obtained a preliminary injunction, asset freeze, and other emergency relief against Drive Planning LLC of Atlanta, Georgia, and its founder and CEO, Russell Todd Burkhalter, to halt an alleged $300 million real estate Ponzi scheme impacting more than 2,000 investors. The SEC […]