by Mike | May 6, 2015 | Latest News, Securities Fraud
In a better-than-average outcome, more than 90 investors who lost $9.7 million in a securities fraud debacle will recover a very substantial percentage of their losses. The investors had put money in a hedge fund, Samex Capital Partners, run by a Fishers, Ind., hedge...
by Mike | Apr 20, 2015 | Securities Fraud
A three-person Financial Industry Regulation Authority Inc. (FINRA) panel awarded Mississippi investor Tracy Noble Gilbert $1.29 million in compensatory damages and $250,000 in attorneys’ fees over the handling of her finances by a former broker for Stifel...
by Mike | Apr 20, 2015 | Securities Fraud
magine being able to get information about any financial professional in the United States by visiting one web site. Investor protection To make it easier for investors to track securities violations by advisers and brokers, the Securities and Exchange Commission...
by Mike | Apr 20, 2015 | Securities Fraud
If your financial adviser has never broached the subject of passing on your assets to the next generation, you have lots of company. A J.D. Power 2015 U.S. Full Service Investor Satisfaction Study finds that only 42 percent of investors say their advisers have asked...
by Mike | Apr 20, 2015 | Securities Fraud
Many investment advisers reinforce client behaviors that are in the advisers’ best interest, and fail to discourage financial errors by investors. These findings were reported in a working paper published by the National Bureau of Economic Research. The paper grew out...
by Mike | Apr 9, 2015 | Securities Fraud
Thomas J. Buck, a senior vice president of investments at Merrill Lynch, was fired last month due to the company’s loss of confidence following Buck’s mislabeling a bond trade, failing to disclose key information to a client, and giving inaccurate...
