The company, formerly known as Franklin Square, filed a registration with the SEC Monday for a $2.5 billion commercial mortgage nontraded real estate investment trust.
Arraigned in federal court Wednesday, Brian S. Block's trial date is set for May 15.
The sale of the assets includes 350 advisers and operates under the broker-dealer holding company Legend Group Holdings.
Securities attorneys say prosecutors may try to 'flip' indicted CFO Brian S. Block to get to former REIT czar. <b><i>(More: <a href="http://www.investmentnews.com/article/20150921/FEATURE/150919894/how-nick-schorsch-lost-his-mojo"_blank">How Nick Schorsch lost his mojo</a>)</i></b>
Henry Al Dean Watson failed to show up during inquiry into arbitration claim alleging excessive trading and commissions, unauthorized trades and portfolio mismanagement.
Predicts next market downturn will usher in new era of big broker-dealer mergers
Starting out in compliance, she was at the firm for 13 years, most recently as head of transitions.
She transferred $350,000 from a client's account to an imposter in phishing scam without following firm's verification process.
CEO Robert Moore proves he's not afraid to go toe-to-toe with LPL to recruit top advisers.
