Securities Financial Education Expert Witness

Expert Witness No.827

California

Business Specialty

Expert witness/Consultant in arbitration/litigation involving securities, insurance and  annuities, nationwide. 

Testifying in 235 arbitrations (600+ retentions) before NASD/AAA/NYSE/PSE with 54 mediations in AK, CA, OR, AZ, HI, TX, IL, KS, KY, LA, MA, MI, MO, NM, NV, OH, NY, GA, TN, WA , WV & FL. Expert 827 has qualified and  testified as a Securities Industry Expert before the CA Superior and State Courts plus as an Insurance Industry Expert before the State Court of NV and serves as an NASD arbitrator.  Services are provided for both claimants and respondents

Areas of Strength

Common/preferred  stocks, bonds, IPO’s, mutual funds, variable/index annuities, life insurance/VUL, L.P.’s, hedge funds, REITS, TIC's, options, REMICS, TINTS, mortgage backed securities & Rule 144  private stock offerings.  P&L's  and damage calculations provided.  Testifying as to suitability,  fiduciary duty, due diligence, underwriting & supervision, overreaching, churning, selling away, over-concentration/asset  allocation, modern portfolio theory analysis, standard deviation, sharpe ratio, stock manipulation, best execution, margin, options, mark-ups, mark-downs, on-line trading, employee termination disputes, RIA activities, control person liability, “financial suicide”, reverse churning, standard-of-care, industry custom and practice plus compliance.

Professional Licenses

Member, NASD Regulation, Inc. Board of Arbitrators )
Panel Chairman - NASD April '00.  
Empire Securities Corporation.- Series 7, 24 , 27*, 63, 65, life ins.& var. contracts  (CA), real estate*  *previously held

Education

California State College at Los Angeles (B/A - Speech & Communication)

American Institute of Banking School of Finance & Taxation - Graduate - Los Angeles District Chapter 

Affliations

Practising Law Institute - Panelist, Marketing Compliance - 1972 -  R/E Syndication; Money Magazine

Real Estate Review - Published article - Fall - 1972; The Register (IARFC) Summer 2002; The Advisors Network, Winter 2002; Panelist & Speaker-Annual Seminar for

Securities Brokers 2000-2003, sponsored by  Registered  Representative Magazine and On Wall Street magazines; Speaker-Panelist & Article,  PIABA Conventions, 10 '03 &

2 '04; KFWB Radio, November, 2003

International Assn. of Registered Financial Consultants (IARFC), AAII, Life Member - American Institute of Banking - Pasadena District Chapter (AIB), and Adjunct Faculty

Member - Society of Industry Leaders

Business Experience

Securities, Carlsberg Securities Corporation - 1969-1982

V.P. Marketing - Securities - Insurance - R/E syndication - Branch Manager

Westfield Capital Corporation - 1982-1986 

V.P. Marketing - Securities - R/E syndication - Branch Manager

Boardwalk Capital Corporation - 1987-1990 - Acting Branch Manager

National Sales Director - Full service financial planning broker/dealer
Chairman of due diligence committee, licensing and marketing compliance officer for 200 registered representatives. 
President - Registered Investment Advisor & Director of Recruiting

Financial Education Network Development - - 1990-2001

Owner & founder of a financial planning firm providing educational. retirement. financial. planning seminars for corps., nationally.  From 1991 to the present, the firm has added an emphasis upon expert witness activities, with 8 arbitrator assignments since 1999, with one pending and 2 awards.  

1991-1999 - Eric Equities, Inc. - Securities, Annuities & Insurance - Branch Supervisor

2000 - Present - Empire Securities Corporation - Home Office Supervisor
Commercial Banking

Bank of America - 1959-1965 - AVP - Corporate Finance – National Division

Union Bank - 1965-1969 - VP - Manager of Business Development - So. California.
Taxes & Insurance

L. E. Cooper & Associates 1959-1965 - Tax Accountant

Carlsberg Insurance Agency - 1975-1982 - President