Provides Opinion & Testimony In:
Securities, Common Stocks, Bonds, IPOS, Mutual Funds, Limited Partnerships, REITS, Private Stock Offerings Scorecards Analysis Damage Calculations Unsuitability, Breach Fiduciary Duty, Supervision, Overreaching, Churning, Stock Manipulation, RIA Activities
Expert Witness No.827
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.
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
California State College at Los Angeles (B/A – Speech & Communication)
American Institute of Banking School of Finance & Taxation – Graduate – Los Angeles District Chapter
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
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 –
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
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