Arthur Adams— Alleged Ponzi Scheme

SEC Charges Arthur Lamar Adams With Operating $85 Million Dollar Ponzi Scheme, Obtains Asset Freeze Arthur Adams allegedly ran an $85 million Ponzi scheme out of Jackson, Mississippi which involved 150 investors, according to an SEC Complaint under review by attorney Paul Scarlato. Attorney Paul Scarlato, of the Goldman, Scarlato & Penny law firm, is… Read more »

Knorr-Bremse AG & Wabtec— Alleged Non-Compete & “No-Poach” Conspiracy

Knorr-Bremse AG & Westinghouse Air Brake Technologies Corp. (Wabtec) Allegedly Maintained Unlawful Non-Compete Agreements for One Another’s Workers Knorr-Bremse AG and Westinghouse Air Brake Technologies Corporation (Wabtec), two of the world’s largest rail equipment suppliers, reportedly reached an agreement with the Dept. of Justice to resolve a DOJ lawsuit alleging that Knorr and Wabtec had… Read more »

PixarBio & Frank Reynolds, M. Jay Herod, and Kenneth Stromsland— Alleged Trading Manipulation Scheme

PixarBio CEO Frank Reynolds, & M. Jay Herod & Kenneth Stromsland Allegedly Took Part in Securities Fraud & Manipulated PixarBio Trading Frank Reynolds, 55, the CEO of Boston-based PixarBio, and two associates, M. Jay Herod, 51, and Kenneth Stromsland, 45, allegedly took part in a an elaborate securities fraud scheme to defraud PixarBio investors by… Read more »

Hector May— Alleged Misappropriation of Client Assets, Ponzi Scheme

Hector May, Formerly of  Securities America, Allegedly Misappropriated Customer Funds Have you or a loved one lost your hard-earned money investing with former Securities America broker Hector A. May? Hector A. May, who was reportedly terminated by Securities America, allegedly misappropriated customer funds in a scheme that holds all the reported telltale signs of a… Read more »

Did You Buy an Interior Molded Door in the Last 5 years?

If you did, then you probably paid too much. Interior molded doors are the most common type of interior door sold these days.  These “molded” doors are not made of solid wood, but rather have a hollow core and wooden frame that is covered in a molded plastic “door skin” made to mimic the look… Read more »

McKinley Mortgage Co. LLC— Alleged Real Estate Fraud Scheme

Members Allegedly Operated a Fraudulent Real Estate Investment Company, McKinley Mortgage Co. LLC, which Allegedly Bilked Hundreds of Investors Three family members, Tobias Preston, his brother, Charles Preston, and his son, Caleb Preston, allegedly operated a fraudulent real estate investment company, McKinley Mortgage Co. LLC (McKinley), which was allegedly a “years-long scheme to bilk hundreds… Read more »

Facebook Investigation: Investor Rights Lawyers Investigating on Behalf of Facebook Shareholders Following Alleged Misuse of Data of Tens of Millions of Users and Drop in FB Share Price

The Goldman Scarlato & Penny shareholder rights lawyers are investigating Facebook on behalf of its shareholders, following allegations of data harvesting without Facebook user permission and inquiries by Congress and UK authorities. News of the allegedly improper use of tens of millions of Facebook users’ data was followed by a plunge in Facebook’s stock price that erased over $40… Read more »

Uber Data Breach Affects 57 Million Riders and Drivers

Goldman Scarlato & Penny is investigating claims against Uber on behalf of Uber drivers and customers whose private information was compromised through a massive data breach. Uber just revealed that over a year ago — in October, 2016 — private information was hacked from a data base maintained by Uber. If you had unauthorized charges… Read more »

Update: GSP Files Data Breach Lawsuit against Equifax

Update: GSP Files Data Breach Lawsuit against Equifax Goldman Scarlato & Penny has filed a class action lawsuit in federal court in Atlanta, Georgia seeking to hold Equifax accountable for failing to protect consumers’ private data. Anyone affected by the Equifax data breach should contact GSP for more information. Please fill in your contact information… Read more »

Equifax Data Breach Jeopardizes the Personal Information of 143 Million U.S. Consumers

class action law firm

Equifax Data Breach Goldman Scarlato & Penny is investigating claims on behalf of all persons whose private information was stolen through the Equifax data breach. On September 7, 2017, Equifax announced a “cybersecurity incident potentially affecting approximately 143 million U.S. consumers.” According to Equifax, hackers “exploited a U.S. website application vulnerability to gain access” to… Read more »