Vernon Litigation Group Files New Claim Against RBC – Puerto Rican Bond

Feb 3, 2017 / Litigation

As with the approximately $1.5 million in claims previously filed, the latest claim filed by Vernon Litigation Group against RBC Capital Markets LLC (“RBC”) relates to the sale of Puerto Rican bonds by the West Palm Beach office of RBC. RBC brokerage unit is referred to RBC Wealth Management. As with the others, this claim relates to the sale of Puerto Rican bonds by RBC financial advisor, Samuel Koltun, who […]

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11TH CIRCUIT BROADLY INTERPRETS “LOSS” UNDER COMPUTER FRAUD & ABUSE ACT

Feb 3, 2017 / News

On January 25, a panel of the U.S. Court of Appeals for the 11th Circuit broadly construed the meaning of “loss” under the Computer Fraud and Abuse Act (“CFAA”). In the case before the Court, the Defendant, an executive at the company, was accused of exploiting a generic password to secretly access numerous employees’ email accounts and read the employees’ emails without official authorization “solely on suspicion of dishonesty concerning […]

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Vernon Litigation Highlights SEC Priorities for 2017

Jan 26, 2017 / Press Releases

Vernon Litigation Highlights SEC Priorities for 2017 Earlier this month, the Securities Exchange Commission (“SEC”) announced its 2017 examination priorities and Chris Vernon of Vernon Litigation Group anticipates that he will be filing more FINRA arbitration cyber-related claims against brokerage firms and other financial institutions in 2017. Earlier this month, the Securities Exchange Commission (“SEC”) announced its 2017 examination priorities. Vernon Litigation Group is glad to see the SEC’s focus […]

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Know Your Investment Professional

Dec 28, 2016 / Resources

Investment professionals are very creative in marketing themselves to new customers. Some offer free seminars coupled with lunch or dinner. Some set up booths at trade shows and conventions in order to falsely imply association with, or endorsement by, a particular trade group or organization. Some even prospect for customers at church. Without the information you need, you could unknowingly trust your investments to a broker with a history of […]

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