deVere Group

Decision by South Africa's Financial Services Tribunal setting aside a fine and disqualification in Nigel James Green, a citizen of the United Kingdom residing in the United Arab Emirates who is principal of deVere Group v. South Africa's Financial Conduct Authority.

deVere Group founder and CEO Nigel Green, a 62-year-old citizen of the United Kingdom, has been fined R2.5 million and banned from South Africa's financial services industry for five years for regulatory breaches involving 'honesty and integrity' regarding Brite Advisors South Africa (Pty) Ltd., which itself has been fined R10 million.

Administrative Penalty Order by South Africa's Financial Sector Conduct Authority imposing a fine of R10 million on Brite Advisors South Africa (Pty) Ltd., formerly deVere Investments South Africa (Pty) Limited and deVere SA Acuma (Pty) Ltd., for regulatory breaches.

Disbarment Order by South Africa's Financial Sector Conduct Authority imposing a five-year disqualification from the financial services industry on Nigel Green, Founder and CEO of deVere Group,.

Administrative Penalty Order by South Africa's Financial Sector Conduct Authority imposing a fine of R2.5 million on Nigel Green, Founder and CEO of deVere Group, for regulatory breaches involving Brite Advisors South Africa (Pty) Ltd., formerly deVere Investments South Africa (Pty) Limited, including a determination that "he was not fit and proper".

Order by South Africa's Financial Sector Conduct Authority imposing a fine of R800,000 on Craig Timothy Featherby for a regulatory breach.

Thailand's Securities and Exchange Commission has filed a criminal complaint against two companies that are part of the deVere Group and one of its former officers, British national Ian McIntyre, for allegedly operating without a securities license.

Public Announcement by Thailand's Securities and Exchange Commission that it has filed a criminal complaint against deVere & Partners (Thailand) Ltd., Broadgate Mutual Fund Brokerage Securities (Thailand) Co. Ltd., d.b.a. Broadgate Securities, and Fredrick Ian McIntyre, a citizen of the United Kingdom, for allegedly operating a securities business without a license.

British financial advisors Ian McIntyre, Adam Clark, and Scott Kingsley have been banned from Thailand's investment industry for regulatory breaches while working for the deVere Group, which describes itself as "one of the world's leading independent financial advisory organisations".

British nationals Benjamin Alderson and Bradley Hamilton have agreed to pay penalties totaling $750,000 to settle a fraud complaint by the SEC regarding their employment with investment firm deVere USA.

Administrative Order imposing an industry ban on Benjamin Alderson, a resident of the United Kingdom and a former CEO of deVere USA Inc., before the U. S. Securities and Exchange Commission.

Final Judgment regarding an allegation that he "defrauded hundreds of clients and prospective clients resident in the United States by misleading them about the benefits of irreversibly transferring their United Kingdom pensions to an offshore pension plan while concealing serious conflicts of interest" in U. S. Securities and Exchange Commission v. Bradley Hamilton, a citizen of the United Kingdom and a former employee of deVere USA, Inc., at the U. S. District Court for the Southern District of New York.

Final Judgment regarding an allegation that the defendant "defrauded hundreds of clients and prospective clients resident in the United States by misleading them about the benefits of irreversibly transferring their United Kingdom pensions to an offshore pension plan while concealing serious conflicts of interest" in U. S. Securities and Exchange Commission v. Benjamin Alderson, a citizen of the United Kingdom and a former employee of deVere USA, Inc., at the U. S. District Court for the Southern District of New York.

Announcement by the Malta Financial Services Authority that it has imposed an administrative penalty of €23,000 against deVere & Partners Holding Limited for providing "insurance distribution activities" without a license.

Petition to Confirm Interim Arbitration Awards in Bradley Hamilton, of the United Kingdom v. Brite Advisors USA, Inc., formerly known as deVere USA, Inc., at the U. S. District Court for the Southern District of New York.

Joint Letter regarding discovery disputes in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Non-Party Pryor Cashman LLP's Motion Opposing Defendant Alderson's Motion to Authorize Alternative Service of Subpoenas regarding Nigel Green, described as a resident of Dubai; Beverley Yeomans, described as a resident of Malta, and deVere Group Ltd., described as domiciled in Dubai, in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Motion by Defendant Benjamin Alderson for an Order Authorizing Alternative Service of Subpoenas on non-parties Nigel Green, deVere Group Ltd., and Beverley Yeomans in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Discovery Status Report regarding securities fraud allegations against former employees of deVere USA in U. S. Securities and Exchange Commission v. Benjamin Alderson, described in the complaint in 2018 as a citizen of the United Kingdom residing in the Bahamas, and Bradley Hamilton, described in the complaint as a citizen and resident of the United Kingdom, at the U. S. District Court for the Southern District of New York.

Discovery Status Report regarding securities fraud allegations against former employees of deVere USA in U. S. Securities and Exchange Commission v. Benjamin Alderson, described in the complaint in 2018 as a citizen of the United Kingdom residing in the Bahamas, and Bradley Hamilton, described in the complaint as a citizen and resident of the United Kingdom, at the U. S. District Court for the Southern District of New York.

Status Report regarding securities fraud allegations against former employees of deVere USA in U. S. Securities and Exchange Commission v. Benjamin Alderson, described in the complaint in 2018 as a citizen of the United Kingdom residing in the Bahamas, and Bradley Hamilton, described in the complaint as a citizen and resident of the United Kingdom, at the U. S. District Court for the Southern District of New York.

Status Report in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Bi-Monthly Report on the Status of Discovery in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Request for international judicial assistance to Malta for the production of documents by Nigel Green, founder of deVere Group Ltd., for use in the U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Request for international judicial assistance to Malta for the production of documents by deVere Group Ltd. and deVere & Partners Ltd. for use in the U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Request for international judicial assistance to Malta to examine Beverley Yeomans, described as "a Director of deVere Group Ltd." and "personal assistant to Nigel Green", for use in the U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Opposition by Bradley Hamilton to Motion by Brite Advisors USA Inc., formerly deVere USA Inc., to Maintain Privilege Over Tax Opinions in U. S. Securities and Exchange Commission v. Bradley Hamilton and Benjamin Alderson at the U. S. District Court for the Southern District of New York.

Opposition of Third-Party Brite Advisors USA Inc., formerly deVereUSA Inc., to SEC's Motion to Compel MarketCounsel LLC to Comply with Subpoena in U. S, Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

SEC's Motion to Compel MarketCounsel LLC to Comply with Subpoena Duces Tecum in the U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Benjamin Alderson's Response to deVere USA's objection for expedited payment of legal bills in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Order on Alderson's Motion for expedited payment of his legal bills in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Letter Response by deVere USA Inc. opposing motion for expedited payment in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Notice of Motion by the Defendants for the issuance of letters of request to the Central Authority of the Republic of Malta for assistance to compel deVere Group Ltd. and deVere & Partners Ltd. to provide documents and for Nigel Green and Beverley Yeomans to provide documents and testimony in the U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Letter Motion to Expedite Payment Schedule in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Order confirming JAMS Arbitration Award in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Investment advisor deVere USA, Inc., whose clients are primarily British expatriates, has been ordered to pay the legal fees and costs of former CEO Benjamin Alderson who is being sued for fraud by the SEC at federal court in New York.

Letter providing court with copy of arbitration award in Benjamin Alderson v. deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Motion to Compel deVere USA, Inc. to Pay JAMS arbitration fees in order to release an arbitration award in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Complaint in Harris, St. Laurent & Chaudhry, LLP v. deVere USA Inc., Nigel Green, and Martin Byrne at New York State Supreme Court.

Final Report of the Joint Administration Managers of The Global Mutual Fund PCC Limited, The Worldwide Mutual Fund PCC Limited, and The Universal Mutual Fund ICC Limited - all part of the Belvedere Management Group - to The Royal Court of Guernsey and Investors.

Notice of Cross-Motion to Compel Arbitration and Opposing Motion for Preliminary Injunction in Benjamin Alderson v. deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Zachary Zanghi, the New York-based business partner of British investment advisor Benjamin Alderson, who was recently accused of securities fraud by the U.S. Securities and Exchange Commission, was himself involved in impropriety a few years ago for which he was fired by Citigroup, OffshoreAlert can reveal.

Motion for a Preliminary Injunction in Benjamin Alderson v. deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Complaint in Benjamin Alderson v. deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Investment advisor deVere USA, Inc. has agreed to pay an $8 million civil money penalty and two former officers - Benjamin Alderson and Bradley Hamilton - have been sued over allegations by the U.S. SEC that they defrauded hundreds of clients, most of them U.S.-based British expatriates.

Administrative Penalty in U. S. Securities and Exchange Commission v. deVere USA, Inc.

Complaint in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton, former CEO and Area Manager, respectively, of deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Combined Summons in Jacobus Everhardus Kellermann v. Tiso Blackstar Group (Proprietary) Limited at the High Court of South Africa.

Complaint in Ashley Arias v. deVere USA, Inc. and deVere Group Ltd. at the U. S. District Court for the Southern District of New York.

Complaint in Philippa Okoye, formerly known as Philippa Jayne Burke v. deVere Group Ltd., deVere USA, Inc., and Benjamin J. Alderson at New York Supreme Court, New York County.