UBS Pays $19.5 Million to Settle the SEC’s Charges That it Mislead Investors on Derivatives
UBS AG has agreed to a $19.5 million settlement with the SEC over claims the bank misled investors about the…
Read MoreInvestor Claims & Financial Fraud
Ray Lucia, Sr. And His “Buckets of Money” Strategy: A Bloodbath For His Clients
Ray Lucia, Sr. is a San Diego based “financial adviser” whom the Securities and Exchange Commission (“SEC”) barred from the…
Read MoreInvestment Advisor Who Stole $43 Million from Ex-Hockey Star Convicted
Former investment manager Joseph Zada, charged with swindling $43 million from former Detroit Red Wings star Sergei Fedorov was convicted…
Read MoreFSC Securities Corp Hit With $1.28 Million FINRA Arbitration Award Arising Out Of Ponzi Scheme Featured On “American Greed”.
FSC Securities Corp. has been assessed $1.28 million by a FINRA arbitration panel for losses sustained by several investors who…
Read MoreSenate Proposes Substantial Increases In SEC Fines For Fraudsters
The price for being a securities fraudster may be increasing substantially. The U.S. Senate proposed substantial increases in SEC fines,…
Read MoreFINRA ANNOUNCES TOLL-FREE HELP LINE FOR SENIOR INVESTORS
The Financial Industry Regulatory Authority (FINRA), a private corporation charged with regulating the securities industry, recently launched a toll-free help…
Read MoreFidelity Ordered to Pay $350,000 Fine for Overcharging Customers
The Financial Industry Regulatory Authority (“FINRA”) recently ordered Fidelity Investments to pay a $350,000 fine after determining the firm overcharged…
Read MoreRelationship Matters: Update On Tipper – Tippee Liability; Joseph Bartholomew Alleged Ponzi Scheme; And SEC’s New Fiduciary Rule
"It's All About the Rel', 'bout the Rel', No Problem…" is a Meghan Trainor-inspired musical way to think about two…
Read MoreShustak Reynolds & Partners Investigating Potential Forex Fraud
Shustak Reynolds & Partners is investigating a large potential fraud perpetrated by Michael Atkins, April Samson and others through several…
Read MoreThey Never Learn – SEC Seeks to Bar Broker Who Stole $2 Million from Trusted Clients
The SEC today announced it was taking steps to bar a former stockbroker and investment adviser who stole $2 million…
Read More