Stock Market Fraud Attorneys Blog

Representing Investors Nationwide

May 07, 2019

A recent Wealth Management article details how UBS clients who were invested in a leveraged, esoteric options strategy described as a “conservative” and “low risk” way to get extra yield from their portfolios were shell... Read More

April 09, 2019

According to the Senate Special Committee on Aging, senior citizens are common targets of fraud and financial abuse, with a combined estimated annual loss of $2.9 billion. The Florida House of Representatives is taking steps to... Read More

January 31, 2019

If you’ve seen “The Wolf of Wall Street” or followed the Bernie Madoff Ponzi Scheme, you may have an idea of what stockbroker or investment fraud looks like. In reality, most stockbrokers are honest, hardworking people doing their best to help you grow your money. Sometimes, though, you may find yourself in a situation where something feels off about your broker’s actions. These three warning signs can help you detect stockbroker fraud and protect your assets.

1. Your Stockbroker... Read More
January 22, 2019

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against Future Income Payments, LLC (FIP), Scott Kohn, and the following related entities: FIP, LLC; BuySellAnnuity Inc.; Cash Flow Investment Partners LLC; Pension Advance LLC; Cash Flow Investment Partners East LLC; Cash Flow Investment Partners MidEast LLC; Lumpsum Pension Advance Atlantic LLC; Lumpsum Pension Advance Southeast LLC; Lumpsum Settlement West LLC; PAS California, LLC; PAS Great Lakes, LLC; PAS Northeast... Read More

October 26, 2018

The stock market is a complex industry that very few people have mastered over the years. Investing is a constant gamble, which is why so many people trust their hard-earned money to stockbrokers who will play the investment game for them. Unfortunately, many stockbrokers don’t have your best interests in mind and may mismanage your funds, leaving you and your family in a financial bind.

When you decide to invest in the stock market, you should do your homework on the various... Read More

October 25, 2018

This week, a Financial Industry Regulatory Authority (FINRA) panel ordered UBS Financial Services Inc. (UBS) to pay restitution of nearly $20 million dollars for losses associated with the recommendation and sale of Puerto Rico bonds and closed-end funds sold to a UBS customer and his associates. This is the largest amount... Read More

September 20, 2018

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. Now, thousands of investors have received margin calls or been forced to liquidate their Puerto Rican holdings, resulting in significant financial losses.  Read more:... Read More

July 28, 2018

On July 18, 2018, the U.S. Securities and Exchange Commission (SEC) charged Temenos Advisory Inc., a Connecticut-based retail investment firm, and its chief executive officer George L. Taylor, with defrauding its investors. The SEC states that the company and its CEO placed $19 million of investor’s money into risky investments while taking large commissions off of those investments.

The SEC alleges that the firm guided advisory clients and investors, which included senior citizens... Read More

April 30, 2018

When you’re looking to invest your hard-earned money it’s always important to perform your due diligence before making any important decisions. It’s wise to research any investment opportunity as well as look into and vet any stockbroker or financial professional you may potentially work with.

Stockbroker fraud, unfortunately, happens all too often. However, many people—especially new investors—may not have enough knowledge and experience to keep their money safe. At Colling Gilbert... Read More

March 09, 2018

Congress voted to repeal Glass-Steagall and make it easier for banks, brokers and insurers to cross boundaries into each others business.  The justification by legislators was to bring the banking laws up to date and make the US financial system competitive if it wasn't already.  Given that banks and brokerages thrive on exploiting conflicts of interest, this will likely not end well for the consumer...which is usually the case in situations where law makers give Wall Street... Read More