The Soreide Law Group, PLLC, (888) 760-6552, has obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” The information has been condensed. Vincent Au (CRD #2005219, Registered Principal, New York, New York) was fined $20,000, suspended from association with any FINRA member in any capacity for 30 days, and […]

Gary H. Lane, 60, of Reno, pleaded guilty on Tuesday, September 3, 2013, to 12 counts of mail fraud and five counts of attempt to evade or defeat tax. Gary Lane, a former financial adviser with Bank of America, has also pleaded guilty to defrauding six clients of more than $2 million during 2010 and […]

On September 11, 2013, the Securities and Exchange Commission, SEC, entered final judgments by consent against Owen Mark Williams and True North Finance Corporation, f/k/a CS Financing Corporation, in a Minnesota federal court, in a civil injunctive action, filed by the SEC on September 21, 2010. This judgment against Williams requires him to pay a […]

On September 11, 2013, the Securities and Exchange Commission, SEC, entered final judgments by consent against Owen Mark Williams and True North Finance Corporation, f/k/a CS Financing Corporation, in a Minnesota federal court, in a civil injunctive action, filed by the SEC on September 21, 2010. This judgment against Williams requires him to pay a […]

The Securities and Exchange Commission, SEC, has filed a civil injunctive in the United States District Court for the District of Colorado against Brian G. Elrod, on September 9, 2013, for allegedly conducting a fraudulent offering of promissory notes which Nova D. Pack acted as an unregistered broker. Elrod and Pack reside in Buffalo Creek, […]

The Securities and Exchange Commission (SEC),filed an application with the United States District Court for the Northern District of Georgia on June 12, 2013, for an order to enforce investigative subpoenas served on Bridge Securities, LLC, Bridge Equity, LLC, Bridge Equity, Inc. and FOGFuels, Inc. of Atlanta, Georgia. All are under the control of Paul […]

The Securities and Exchange Commission (SEC),filed an application with the United States District Court for the Northern District of Georgia on June 12, 2013, for an order to enforce investigative subpoenas served on Bridge Securities, LLC, Bridge Equity, LLC, Bridge Equity, Inc. and FOGFuels, Inc. of Atlanta, Georgia. All are under the control of Paul […]

Herbert S. “Steve” Fouke, 54, a Lafayette, Louisiana, businessman pleaded guilty Friday, September 6, 2014, to federal fraud charges because of an investment scheme involving $8 million from clients. Fouke pleaded guilty to conspiracy to commit securities fraud, investment adviser fraud, wire fraud and mail fraud. Allegedly, Fouke recruited friends and business associates to become […]

Herbert S. “Steve” Fouke, 54, a Lafayette, Louisiana, businessman pleaded guilty Friday, September 6, 2014, to federal fraud charges because of an investment scheme involving $8 million from clients. Fouke pleaded guilty to conspiracy to commit securities fraud, investment adviser fraud, wire fraud and mail fraud. Allegedly, Fouke recruited friends and business associates to become […]