Wells Fargo Agrees to $3.7 Billion Dollar Fine!
Wells Fargo has agreed to pay more than $3.7 billion to settle charges of widespread infractions across its business lines. …
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.
Wells Fargo has agreed to pay more than $3.7 billion to settle charges of widespread infractions across its business lines. …
Robert W. Baird & Co., a Milwaukee, Wisconsin-based regional brokerage firm, has been asked by the Financial Industry Regulatory Authority …
FINRA Censures and Fines Baird for Commission Overcharging on Stock Trades Read More »
UBS is once again at the receiving end of a ruling by the Financial Industry Regulatory Authority (FINRA) in a …
UBS Yield Enhancement Strategy (YES) Investor Lost 20%, But Wins $470K FINRA Claim Read More »
Research reports that contained errors have led to a FINRA (Financial Industry Regulatory Authority) fine and censure for Morgan Stanley. …
FINRA Fines Morgan Stanley $325K For Errors In Research Reports Read More »
According to the SEC’s announcement, the Equitable Financial Life Insurance Company will pay $50 million to settle fraud charges related …
SEC Fines Equitable Financial Life Insurance Company $50 Million Over Annuity Fees Read More »
If you are an investor with a complaint regarding GPB Capital, you should contact an investment fraud lawyer to recover …
GPB Capital Complaints Continue From Retail Investors Read More »
The Yield Enhancement Strategy, or YES options strategy, toll is mounting for UBS Financial Services Inc. Though the count seems …
UBS has been asked to pay a sum of around $25 million by the Securities and Exchange Commission (SEC) on allegations of fraud that arise out of their complex in-house developed strategy known as the Yield Enhancement Strategy, or simply, YES.
The YES program was designed to lower exposure during times of market volatility and involved the placement of several options trades at varying strike prices, all with the same date of expiry. However, beginning in December 2018, investments under the strategy suffered significant losses.
Matthew Thibaut, a partner with Haselkorn & Thibaut, has many years of experience as both a former financial advisor and as an attorney who has previously defended broker-dealer firms, and his observation is that: “… it’s clear that UBS clients in some instances may have told clients one thing at the time they invested, and now those same clients who are questioning unexpected investment losses in their account are being told something quite different.”
The Financial Industry Regulatory Authority (FINRA) has fined National Securities Corporation $9 million. This includes $4.8 million in net profit …
National Securities Corporation Fined $9 Million For GPB Capital Sales Read More »
Charges have been announced against registered investment adviser A.G. Morgan Financial Advisors, LLC (“AGM”) of Massapequa, New York, a registered …
SEC Charges A.G. Morgan Financial Advisors (AGM) with Fraud Read More »
Get Free Stock Picks, Macro Market Events & Options Strategies.