Arque Capital, Ltd. (CRD #121192, Scottsdale, Arizona) was censured and fined $50,000 for allegedly selling approximately $3.53 million in an alternative investment known as Renewable Secured Debentures to approximately 40 investors while providing investors with their sales kit, which included a brochure with misleading statements. FINRA's findings stated that as the managing broker/dealer for the […]

Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the following summary of information located on FINRA’s website, under “Disciplinary and Other FINRA Actions, August, 2014.” 79 Capital Securities, LLC (CRD #145511, Orlando, Florida) and Michael Maurice Ward (CRD #2853262, Orlando, Florida) 79 Capital Securities was censured and fined $25,000, jointly with Michael M. Ward […]

Michael Mendenhall (CRD #496391) a former broker with Colorado Financial Service Corporation and UVest Financial Services Group, Inc., was convicted of 25 counts of securities fraud and theft involving elderly victims, and sentenced to 30 years in prison and more than $1.4 million in restitution fees in Denver District Court. The Denver District Court Judge […]