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Robert V Cornish

Robert Cornish’s Answers

2,069 total


  • Need a lawyer to assist with stocks bought through Merrill Lynch

    My parents purchased stocks through Merrill Lynch in 1975 for my two sons, it was told to her that the stocks would be placed in an account till the boys were 21. I went to Merrill Lynch, downtown Dallas and they called me back and said they coul...

    Robert’s Answer

    If the accounts were inactive and your sons moved around, it is entirely possible that the accounts could have been closed and escheated to the state treasurer in the last state of residence. You may wish to check the state websites by going to http://comptroller.texas.gov/up/.

    If the stock was purchased in certificate form, you might be able to contact the transfer agent for the stock in question to see how and when the stock was deposited, sold, etc.

    Otherwise, the other commentators here are correct in noting you'll have a hard time getting information on this.

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  • Can a confidentiality agreement prevent me from filing a complaint and reporting illegal securities activity to FINRA?

    I had a securities dispute with a firm several years ago. As part of a settlement, I signed a confidentiality agreement that allows me to respond to requests from regulatory agencies, but does not allow me to initiate complaints. If I break this...

    Robert’s Answer

    FINRA will not give you advice on such matters. What might be worth considering is filing a Dodd-Frank Whistleblower submission with the SEC with the assistance of counsel. If you have counsel on your submission, your complaint will remain confidential. But that's the only way it remains as such. Also, the complained-of conduct has to be "original information" not within the purview of knowledge of the SEC.

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  • What do you do when your mother invest in her life insurance policy and after 13 years they cancel it.

    The payment was a little late in January but the received and cashed the check every month until Aptil then the decided to cancel the insurance stating they need more medical information. But when the policy was started no medical information was ...

    Robert’s Answer

    You should contact the agent that sold you the policy and ask for some assistance in getting the policy reinstated. As noted before, you may have to contact the NY Department of Insurance. The following link may be helpful:

    http://www.dfs.ny.gov/consumer/faqs/faqs_life.htm

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  • FINRA application U4 form - first offender discharge

    I finished successfully First offender for a felony charge in 2014. On completion my charges are sealed for employment in GCIC. I am looking at FINRA form U4 for broker license. It is asking have you ever: (a) been convicted of or pled...

    Robert’s Answer

    You can answer no to "a," but you should have an attorney compose a "comfort letter" for your firm showing that your completion of First Offender is not a conviction or "no contest" plea under Georgia law. The reason your firm will want this is to have adequate back-up during a FINRA audit, as well as for E&O and compliance reasons.

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  • I NEED FIND ATTORNEY AT ARKANSAS NOT MISSOURI

    I NEED FIND ATTORNEY AT LOCAL ARKANSAS NEAR GREENBRIER AS TO PAY BACK THE MONEY WHAT HE OWE ME

    Robert’s Answer

    If you can't find one on AVVO, try the referral service of the Arkansas Bar Association:

    https://www.arkbar.com/pages/find_lawyer.aspx

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  • Can I sue my boss for wrongfully firing me

    My boss accused me of stealing his forwheeler with no proof or police report an fired me

    Robert’s Answer

    Arkansas is an "at will" employment state. Which means you forgo the right to sue your employer for stuff like this for the privilege of being employed. Unless there's a written contract in place or you're part of a protected class under US civil rights laws, you do not have a cause of action. You may wish to contact an attorney through the Arkansas Bar Association's referral program to discuss your case further.

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  • Who do I see for mismanagement of investment securities. Not sure which specific lawyer to see.

    Loss of half principal over inception.

    Robert’s Answer

    You should contact a securities litigator with experience in handling matters such as yours. Securities cases have different wrinkles than others, namely the effect of arbitration clauses, very narrow grounds for assertions of wrongdoing and the actual conduct at issue which, at times, can be difficult to describe or plead. Not every case where someone loses money means there a lawsuit to be brought, so evaluation of the specific facts and the investment at issue are key. Your attorney should also work in tandem with federal and state securities regulators to submit information for complaints and "whistleblower" submissions to them.

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  • I am from Egypt. I've won the 2015 dv lottery with case number 2015AF00029xxx

    i am from Egypt. I've won the 2015 dv lottery with case number 2015AF00029xxx and august visa bulletin Egypt cutoff date with 28700. Is there any chance to have an interview in September ? and what i have to do nowadays?

    Robert’s Answer

    Your question should be in the immigration section.

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  • How much money must a citizen of another country invest in a U.S. company in order to qualify for an investor visa?

    Someone I know in Iran would like to invest in a US company. He has heard that by doing so he might be eligible for an investor immigrant visa. How much would he need to invest to qualify for this visa? Also, where might he start looking for the r...

    Robert’s Answer

    Your friend will need to contact not only an immigration attorney, but one with resources to securities and transactional expertise. This is because EB-5 investments are inherently risky propositions and you do not want to invest in something that doesn't pass muster of thorough due diligence. In addition, your friend will need counsel on the movement of funds, as the sanctions regimes imposed on Iran make transferring money in compliance with OFAC, AML and sanctions very difficult in conjunction with compliance of the "source of funds" testing an EB-5 investment goes through from USCIS.

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  • Does my Corporate address have to be in the state of formation?

    If I file an articles of incorporation in the state of Wyoming for a holdings company, but have no business activity in the state, does the address of the company on articles have to be in Wyoming, if the registered agent is?

    Robert’s Answer

    If you are in another state, you will have to register your WY corporation as a foreign corporation in your home state and pay whatever taxes your state imposes.

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