Stock Market Fraud Attorneys Blog

Representing Investors Nationwide

July 13, 2008

Stocks ended Friday’s session in the red after continued turmoil in the credit markets again pulled down the broader indexes. Amid other negative news, new questions were asked about the overall health of Fannie Mae and Freddie Mac, the government-sponsored mortgage institutions whose shares have been ravaged over the past week.

The Dow Jones Industrial Average tumbled below the 11000 level for the first time in two years during the session but finished at 11100.54, off 128.48 points... Read More

June 04, 2008

Many investors who were told they could safely place their money in an Auction Rate Security (ARS) with the assurance the investment would be liquid. However, recent turmoil in the credit markets has created a living nightmare for those in need of their cash.

Practically every major bank and investment firm marketed these products to their clients as a safe alternative to money markets, even certificates of deposit. Now, as the auctions have failed, many investors wonder if they will... Read More

May 19, 2008

The word has been out since the end of last year. See the Memphis Flyer online article

The story has only gotten worse for those investors and Morgan Keegan appears to be taking a hard line approach with their former clients. To my knowledge none of the clients who lost upwards of 75% of their principal have been contacted and offered any kind of compensation. Rather the regional broker-dealer is bracing for class action lawsuits and individual arbitration claims on behalf of... Read More

May 01, 2008

Welcome to the blog for Colling, Gilbert, Wright & Carter.