What is the “Fraud-on-the-Market” Doctrine of Securities Fraud?

by admin | Feb 27, 2017 | Securities Fraud

In the United States Supreme Court case of Basic, Inc. v. Levinson, 485 U.S. 224 (1988), the Court ruled that in certain circumstances a securities class action would be appropriate notwithstanding what otherwise would be individualized issues of reliance.  Basic...

SEC’s Office of Compliance Inspections and Examinations Identifies Frequent Advisor and Brokerage Firm Shortcomings

by admin | Feb 17, 2017 | Securities Fraud

Starr Austen & Miller has represented over a thousand victims of either investment advisor negligence or stockbroker fraud.  In almost every case the guilty advisor or broker failed to comply with his firm’s own compliance manual.  Typically, such conduct has been...

Indiana settles with securities firm over agent who ran Ponzi scheme

by admin | Jan 22, 2017 | Securities Fraud

By: Indianapolis Business Journal Staff and Associated Press The state has reached a $275,000 settlement with NYLife Securities LLC over the activities of an Indiana wealth manager who killed himself in 2013 while being investigated for operating a Ponzi scheme that...

Securities watchdog bans second broker in alleged Veros Ponzi scheme

by admin | Dec 21, 2016 | Securities Fraud

By: Jared Council of Indianapolis Business Journal Financial industry regulators have permanently barred a local broker alleged to have participated in a Ponzi scheme. The Financial Industry Regulatory Authority said Tobin Joseph Senefeld of Indianapolis has been...

U.S. Attorney announces that the Southern District of Indiana has collected 7.7 million dollars in criminal and civil actions in 2016

by admin | Dec 20, 2016 | Latest News

U.S. Attorney Josh J. Minkler recently announced that his federal office collected for the Southern District of Indiana (from Indianapolis to the Kentucky border) a total of $7,707,955 in criminal and civil actions in fiscal year 2016.  Securities fraud attorney,...