Misrepresentations and Omissions
Representing Investors Nationwide
UBS Financial Services, Santander Securities, Popular Securities and Oriental Financial Services are financial services companies that enjoy a strong presence in major markets throughout the world. These firms allegedly encouraged clients to take concentrated positions in Puerto Rican bonds closed-end municipal bond funds.
The securities arbitration lawyers at Colling Gilbert Wright & Carter are pleased to announce an award on behalf of their client against SII Investments, Inc. in the amount of $19,634.34 plus interest and arbitration fees. The complaint was filed with The Financial Industry Regulatory Authority (FINRA) and alleged unsuitability; misrepresentations and omissions; violation of NASD/FINRA conduct rules; breach of con
The securities arbitration lawyers at Colling Gilbert Wright & Carter are pleased to announce an award on behalf of their client against Well Fargo Advisors, LLC. in the amount of $66,000.00 plus arbitration fees. The complaint was filed with The Financial Industry Regulatory Authority (FINRA) and involved a recommended over concentration in the Oppenheimer Rochester Pen
You depend on your stockbroker for vital information about your investments. If your broker does not live up to a fair level of honesty and full disclosure, it may be considered misrepresentation or omission. Any false or intentionally misleading statement made by a stockbroker designed to influence or manipulate a client is a violation of law, as is the intentional withholding of information for the same purpose.
Yesterday, Morgan Stanley agreed to pay $3.2 billion to resolve claims that it misled investors about mortgage-backed securities before the financial crisis, according to New York state Attorney General Eric Schneiderman.
This is the most recent settlement by a banking giant related to the financial crisis, and ends government claims that Morgan Stanley misrepresented to investors the mortgages it packaged into mortgage backed securities including proprietary high-yield mutual funds, unit trusts and structured notes.
The United States Court of Appeals for the 5th Circuit gets it right and reinstates the $9.2 million award to investors. An outrageous ruling by the lower court overturning the arbitration award that would have created terrible precedent for inves