by admin | Sep 20, 2017 | Securities Fraud
By Current Publishing — currentinwestfield.com According to a press release sent to Current from the Office of the Indiana Secretary of the State, all three members of The Dane Group have been convicted of security fraud. The Dane Group is a capital investment...
by admin | May 18, 2017 | Securities Fraud
Recently a Virginia hedge fund manager pled guilty to a $9 million Ponzi scheme. The case dealt with over 50 clients who invested in the investment manager’s hedge fund where he bragged of earning returns regularly beating the S & P 500. In reality, he both...
by admin | Mar 9, 2017 | Securities Fraud
Jury Awards $15 Million in Punitive Damages Against MetLife for Ponzi Scheme Involvement Last year MetLife and one of its subsidiaries were assessed $15 million in punitive damages by a jury for its failure to discover one of its agents was selling unregistered...
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...
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...
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...
