Chesapeake Energy (NYSE: CHK) finally pulled the plugged and declared bankruptcy on Sunday. This comes as no surprise because in the last couple of months there have been reports that Chesapeake Energy had hired debt …
Continue reading
Category: Law
We cover latest news on investor lawsuits, investigations and investment fraud. Unfortunately, investment fraud is very common, especially with seniors. We report on several different kinds of security fraud that includes Ponzi-Schemes, Bad Accounting and Improper Sales Practices.
Sandlapper Securities Expelled From FINRA
Last Tuesday, FINRA affirmed the expulsion of Sandlapper Securities, as well as Trevor Gordon, CEO, and Jack Bixler, Principal and President. In November 2018, FINRA found that Sandlapper Securities committed securities fraud by charging its …
Continue reading
SagePoint Financial Fined Over $1 Million – Investor Notice
FINRA has ordered SagePoint Financial to pay over one million in restitution to its customers in connection with early rollovers of unit investment trusts. Sagepoint Financial is one of several large broker-dealer firms within the …
Continue reading
GPB Capital Smacked By Investor Fraud Complaint From MA
GPB Capital Holdings received a civil fraud complaint from William Galvin, who manages securities regulators in Massachusetts. GPB has received negative news for nearly two years as the FBI has raided them, devalued their funds, …
Continue reading
FMSBonds Sued Over Frontier Communications Bonds
FMSBonds, formerly First Miami Securities, is again the subject of an investment fraud case. This time, the claim is that Paul Antevey, a financial advisor with FMSBonds, mislead investors by focusing excessively on low-rated bonds, …
Continue reading