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.

GPB Capital Smacked By Investor Fraud Complaint From MA

GPB Capital Compliance Officer & Former SEC Examiner Pleads Guilty to Theft

GPB Capital Compliance Officer and Former Securities and Exchange Commission (SEC) examiner Michael Cohn has pled guilty to misdemeanor theft of government property after joining GBP Capital Holdings in late 2018. The allegations against Cohn is that of unauthorized computer access to obtain confidential information …

GPB Capital Compliance Officer & Former SEC Examiner Pleads Guilty to Theft Read More »

UBS Faces Lawsuits Over Yield Enhanced Strategy

UBS Faces Lawsuits Over Yield Enhanced Strategy

High-risk investment strategies aren’t a foreign concept but not necessarily one we would all jump at the opportunity to get involved in. A Texas-based investor is now seeking $100,000 compensation, claiming that the UBS recommended Yield Enhanced Strategy (YES) was a wholly unsuitable recommendation. Unfortunately, …

UBS Faces Lawsuits Over Yield Enhanced Strategy Read More »

David Hirons of Wedbush Securities Accused of Making Unauthorized Trades

David Hirons of Wedbush Securities Accused of Making Unauthorized Trades

Recently, an unauthorized trading FINRA arbitration claim was made by an investor, who is now seeking damages in six figures from David Hirons at Wedbush securities. FINRA is the primary regulator for brokers and broker-dealer that helps investors resolve disputes and financial problems through arbitration …

David Hirons of Wedbush Securities Accused of Making Unauthorized Trades Read More »

New Hampshire Investigates Former Merrill Lynch Brokers Charles Kenahan and Dermod Cavanaugh

New Hampshire Investigates Former Merrill Lynch Brokers Charles Kenahan and Dermod Cavanaugh

Former Merrill Lynch brokers Charles Kenahan and Dermod Cavanaugh are currently under investigation for alleged misconduct that led to losses in the millions. The New Hampshire Bureau of Securities Regulation has already launched an investigation into the matter after Craig Benson, the mayor of New …

New Hampshire Investigates Former Merrill Lynch Brokers Charles Kenahan and Dermod Cavanaugh Read More »

Scroll to Top