SEC Sues Fla. Lawyer, Says He Used Atty Niece’s ID to Issue Opinion Letters, Faked Her Signature

Banned in 2010 from issuing opinion letters concerning so-called Pink Sheets stocks, a Florida lawyer has been accused of assuming another attorney’s identity in order to continue doing so. In a civil suit (PDF) filed yesterday in federal court in New York City, the Securities and Exchange Commission accuses Guy M. Jean-Pierre, 53, of using the identity of his niece, who is also an attorney, without her knowledge or permission and falsifying her signature on opinion letters. It seeks disgorgement of all profits from the opinion letters, for which Jean-Pierre allegedly was paid $500 per letter, plus civil monetary penalties.…

View post:
SEC Sues Fla. Lawyer, Says He Used Atty Niece’s ID to Issue Opinion Letters, Faked Her Signature