We are currently investigating wrongdoing concerning Neal Charles Moon and Natalie Fogiel for the fraudulent selling of certain investments. If you were an investor with either of these individuals please call 1-866-817-0201 for a free consultation with an attorney.
From February 2012 to August 2015, Neal Charles Moon (“Moon”) participated in nine fraudulent private securities transactions and Natalie E. Fogiel Moon (‘”Fogiel”), his wife, participated in six in which six customers invested over $2.5 million in three different entities.
The two recently entered into a settlement with regulators. The findings in this settlement establish significant wrongdoing on the part of Moon and Fogiel.
At the time the two participated in the private securities transactions at issue, Moon and Fogiel did not provide their firm, Waddell & Reed (“Waddell”), with prior written notice of their participation in the private securities transactions. By participating in private securities transactions without providing prior written notice to the Firm, Moon and Fogiel violated NASD Rule 3040 and FINRA Rule 2010.
In addition, Moon lied to a Firm investigator when first questioned about his participation in certain private securities transactions. Moon also falsely represented in three annual certifications to the Firm that he had not engaged in any private securities transactions. By providing false responses to a Waddell investigator about his participation in private securities transactions and by making three false representations in annual compliance certifications, Moon violated FINRA Rule 2010.
Jeffrey Pederson PC has considerable experience handling such “selling away” cases and can assist investors in the recovery of lost funds.