Delaware DOJ Obtains Nearly $1 Million Penalty From Kovack Investment Advisory Firm
December 03, 2025
December 03, 2025
DOVER, Delaware, Dec. 3 -- The Delaware Department of Justice issued the following news release:
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Delaware DOJ obtains nearly $1 million penalty from Kovack investment advisory firm
Order requires firm to remove replacement letters from employee files
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Attorney General Kathy Jennings's Investor Protection Unit secured a penalty of $995,180 from an investment adviser firm for violations of the Delaware Securities Act, inc . . .
* * *
Delaware DOJ obtains nearly $1 million penalty from Kovack investment advisory firm
Order requires firm to remove replacement letters from employee files
*
Attorney General Kathy Jennings's Investor Protection Unit secured a penalty of $995,180 from an investment adviser firm for violations of the Delaware Securities Act, inc . . .