Securities and Exchange Commission v. Keystone Capital Partners, Inc. et al

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Case Number:

1:17-cv-02873

Court:

Georgia Northern

Nature of Suit:

Securities/Commodities

Judge:

Justin S. Anand

Firms

Councill Gunnemann

Government Agencies

U.S. Securities and Exchange Commission

March 22, 2022
SEC Wins Atlanta Trial Over $1.7M Retirement Savings Scam

The U.S. Securities and Exchange Commission scored an Atlanta jury verdict Monday finding a former affiliate of LPL Financial illegally netted $1.7 million by convincing hundreds of federal employees to shift their retirement savings into higher-fee investments.
July 31, 2017
SEC Says Brokers Made $1.7M Lying To Federal Employees

The U.S. Securities and Exchange Commission sued four former broker-dealers in Georgia federal court on Monday, saying they pocketed $1.7 million by deceiving hundreds of federal employees into shifting their Thrift Savings Plan retirement accounts into higher-fee variable annuity products.