Tallahassee-10/28/2014- The Florida Office of Financial Regulation issued a cease and desist order and assessed fines of over $1.5 million against Richard V. Morello, Jr. and Junior L. Alexis for operating a fraudulent precious metals investment scheme. Both were permanently barred from the securities industry in Florida.
The two operated Vertical Integration Group and Churchill Clearing Corp.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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