Investors Hit With Syndicated Conservation Easements Losses By IRS
The federal government losing $3 billion dollars a year on account of Conservation Easements appears to be a finding of
Read more
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.
Merrill Lynch Compensates Victims as Marcus Boggs (Former FA) Pleads Guilty to $3M Fraud
The Chicago Sun-Times has reported that Marcus Boggs, a financial advisor with Merrill Lynch, has pleaded guilty to wire fraud.
Read more
FINRA Fines Broker-Dealers $3.5M For LJM Preservation & Growth Fund
The Financial Industry Regulatory Authority (FINRA) has censured and fined three broker-dealers, Securities America, J.W. Cole Financial, and Cambridge Investment
Read more
FINRA Fines Dalmore Group LLC for Supervisory Violations
The Financial Industry Regulatory Authority (FINRA) has posted a Letter of Acceptance, Waiver, and Consent, according to which the Dalmore
Read more
Former New York Life Faces Life In Prison For Fraud
Furman Alexander “Alex” Ford, a former broker with New York Life, has been convicted on 11 counts of mail fraud,
Read more
FINRA Awards $1 Million to Clients For UBS Yield Enhancement Strategy (YES)
It has been reported this week that two claimants have recently been awarded over $1M by a Financial Industry Regulatory
Read more
David Lerner Associates Complaint Filed For Energy 11 Sales
David Lerner Associates (DLA) has been slapped with a Financial Industry Regulatory Authority (FINRA) arbitration claim of $100K by a
Read more
Investors File Complaints Against Triad Advisors For GPB Capital Sales
Two weeks ago GPB Capital and two key executives were charged with fraud for allegedly running a Ponzi-scheme and as
Read more
JP Morgan Securities Pays Grandmother $19M for Elder Financial Abuse
JP Morgan Securities (JPMS), along with its ex-brokers, Avi Schottenstein and Evan A. Schottenstein, who are also grandsons of the
Read more
GPB Capital Charged With Fraud As Investors Lawsuits Surge
On Thursday, the Securities and Exchange Commission (SEC) has charged senior executives of GPB Capital Holdings for perpetrating a fraud
Read more