Stock Market Fraud Attorneys Blog

Representing Investors Nationwide

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

February 19, 2018

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
January 31, 2018

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

December 08, 2017

Over the past 30 days, additional bonds issued by the Puerto Rico government have defaulted resulting in lower closed-end bond prices and lessened liquidity.  Our firm currently represents bond fund investors who hold funds issued by UBS, Oriental Financial Services Corp., Santander Bank and Banco Popular.

Please contact us at (800) 766-1000 or through this link for a free case evaluation. Thank you. 


November 16, 2017

The Public Investors Arbitration Bar Association (PIABA), a group of lawyers that represents retail investors who sue brokerage firms, in a new report Wednesday morning took aim at perceived conflicts of interests at the board of governors of the Financial Industry Regulatory Authority Inc. (FINRA) 

The report claims that many so-called "public governors" on Finra's 24-person board have connections to Wall Street, serve on too many corporate boards to represent the public effectively... Read More

November 13, 2017

Jay Costa Kelter, formerly known as Ignatius J. Costa, III, 48, was indicted yesterday by a federal grand jury on five counts of wire fraud, 16 counts of mail fraud, and one count of securities fraud, announced U.S. Attorney Don Cochran of the Middle District of Tennessee.


The indictment alleges that Kelter, who was affiliated with a Florida-based insurance and investment company,... Read More

November 02, 2017

Morgan Stanley has decided to to leave an industry agreement known as the protocol for broker recruiting. The move is seen as an indication that the firm is working harder than ever to prevent its brokers from jumping ship.. One reason for that perspective is that Morgan Stanley managers were told on Monday morning that new employment agreements may include a one-year non-solicit agreement.

Under such an agreement, Morgan Stanley brokers moving to a new firm would be forbidden for 12... Read More