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
Stock Market Fraud Attorneys Blog
Representing Investors Nationwide
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
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
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
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
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
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 globally...as 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
UBS Financial Services of Puerto Rico and UBS Financial Services, as member firms of the Financial Industry Regulatory Authority (FINRA) are required to resolve all customer disputes through the securities arbitration process. The FINRA forum is in place to resolve disputes between Puerto Rico investors and UBS Puerto Rico and UBS concerning the sale of their proprietary UBS Puerto Rico Family of Funds and Puerto Rico Municipal Bonds.... Read More
The Internet is as much a part of our lives as the car we drive to work every day. In using it for business, paying bills, communication, and entertainment the Internet is an indispensable tool that helps us in many ways. Because of that, online investing has grown exponentially in recent years, unfortunately, so too has online investment fraud.
The Internet is an amazing resource for investors as it allows you to research investment opportunities across a variety of industries and... Read More