Rafael Novales

Articles

SEC Granted Default Judgments Against Operators of $4 Million Fraudulent Scheme

May 11, 2023

The U.S. District Court for the Eastern District of Wisconsin granted the SEC's motion for default judgment, and entered final...

Proxy Advisory Firms Recommend Against AR Global Directors of GNL and RTL

May 10, 2023

Proxy advisory firms Institutional Shareholder Services and Glass Lewis urged shareholders in Global Net Lease Inc. (NYSE: GNL) and Necessity...

FINRA Orders Oppenheimer to Pay $14 Million to Ponzi Scheme Victims

May 10, 2023

The Financial Industry Regulatory Authority ordered Oppenheimer & Co. Inc. to pay nearly $14 million to several victims of a...

Cove Capital Acquires Maryland Walgreens for Opportunistic Fund

May 10, 2023

Cove Capital Investments LLC, a private equity real estate firm and Delaware statutory trust sponsor, announced it completed the purchase...

Former RBC Wealth Management Advisor with $250 Million in Assets Joins Advisor Group

May 10, 2023

Advisor Group, one of the nation's largest networks of independent wealth management firms, announced that Tom Delich, founder of Delich...

SEC Charges Two for Facilitating Multi-Million Dollar Offering Fraud

May 10, 2023

The Securities and Exchange Commission charged Wayne McLean and Joan Powell in connection with a fraudulent scheme to sell purported...

SEC Files Emergency Action to Halt $155 Million Fraudulent Oil & Gas Offering

May 9, 2023

The Securities and Exchange Commission announced that it filed an emergency action in U.S. District Court for the Western District...

Capital Square Fully Subscribes Georgia DST Offering

May 9, 2023

Capital Square, a sponsor of tax-advantaged real estate investments, announced that its offering, CS1031 Lakeside on Riverwatch Apartments DST, has...

FINRA Censures and Fines Centaurus Financial

May 9, 2023

The Financial Industry Regulatory Authority censured and fined broker-dealer and investment adviser Centaurus Financial Inc. and suspended and fined Donnie...

LPL Adds Father/Son Advisor Duo with $210 Million in Assets from Wells Fargo

May 9, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that a father/son duo of financial advisors, Jeffrey and Justin Katz,...

AR Global Rebuffed by Federal Judge in Fight Against Blackwells Capital

May 8, 2023

Blackwells Capital LLC, was vindicated last week by a New York federal judge who rejected The Necessity Retail REIT Inc....

Court Reaches Final Judgment Against Sponsor of OZ Investment Scheme

May 8, 2023

The U.S. District Court for the Southern District of New York last week entered a final judgment against Joshua Burrell,...

Former Securities America Firm with $400 Million in Assets Joins LPL

May 8, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Thomas Reynolds and Kathleen Gfrorer of Landmark Capital...

SmartStop Self Storage Recommends Shareholders Reject CMG Tender Offer

May 8, 2023

The board of SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, sent a letter to...

Newly Appointed Silver Star CEO Resigns

May 5, 2023

Silver Star Properties REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Hartman Short Term Income...

Financial Advisor with $300 Million in Assets joins LPL

May 5, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Nate Carlon of Carlon Wealth Advisors has joined...