by Mike | Mar 24, 2015 | Securities Fraud
Tim Duncan, San Antonio Spurs 15-time All Star, recently sued his adviser in Texas state court, claiming he was pushed into investments despite conflicts of interest that ultimately caused him substantial losses. In his complaint filed in San Antonio, Duncan claims...
by Mike | Mar 11, 2015 | Securities Fraud
TIAA-CREF, New York City Retirement Systems (NYCRS) and other investors recently filed complaints in the U.S. District Court in New York against American Realty Capital Properties (ARCP), a real estate investment trust. Deceiving the market The suit alleges that ARCP...
by Mike | Mar 4, 2015 | Securities Fraud
If President Obama gets his way, your retirement savings could grow even more each year. In a recent speech to AARP supporters in Washington, Obama said he is asking the Labor Department to write new rules that could save investors as much as $17 billion dollars a...
by Mike | Feb 13, 2015 | Securities Fraud
As an investor, you might not be getting what you pay for regarding financial planning. A recently released study attributes this to the lack of government-enforced professional standards. According to research conducted on behalf of the Financial Planning Coalition,...
by Mike | Jan 27, 2015 | Securities Fraud
The Securities and Exchange Commission (SEC) recently fined 13 financial firms for selling risky Puerto Rican bonds to retail clients beneath the minimum allotment of $100,000 for a single transaction. To shut out small investors and protect those who may not be able...
by Mike | Jan 13, 2015 | Securities Fraud
A widely accepted reality of the financial industry is that management typically turns a blind eye to potential indiscretions of star brokers — the top 1 percent. This is to avoid antagonizing the agents who bring in humungous amounts of money in fees and...
