Category Archives: investment fraud
Woodbridge Group Of Companies Files For Bankruptcy In Delaware
Woodbridge Group of Companies, LLC, a high end real estate developer has filed bankruptcy due in part to a SEC investigation into whether Woodbridge defrauded investors. IF YOU HAVE INVESTED IN WOODBRIDGE FUNDS from a licensed financial advisor, contact us to discuss a potential arbitration proceeding against the financial advisor or financial advisors’s stock… Read More »
Real Estate Investment Trusts (REITS): What You Need to Know
Recently, the SEC Office of Investor Education and Advocacy released a bulletin to help investors better understand publicly traded Real Estate Investment Trusts (REITs). REITs are an increasingly popular investment, especially in Florida. While REITs do offer considerable benefits for some investors, these complex financial products are certainly not appropriate for everyone. In this… Read More »
What to Do If You Were a Victim of Excessive Trading (Churning)?
Recently, the SEC Office of Investor Education and Advocacy released an official alert warning investors to be on the lookout for broker excessive trading. Excessive trading, also known as churning, occurs when a broker or broker-dealer make unnecessary transactions on an investor’s account, solely for the purpose of generating increased commissions and fees for… Read More »
Fraud Alert: SEC Brings Charges Against Former Brokers Targeting Retired Federal Workers
On July 31st, 2017, the Securities and Exchange Commission (SEC) announced that it was bringing fraud charges against four Atlanta, Georgia-area brokers who have been accused of exploiting federal retirees. These brokers collectively operated a company called Federal Employee Benefits. Here, our experienced Florida elder financial abuse attorney discusses these charges that have been… Read More »
SEC Files Complaint Against Brokers Christopher S. Laws, Jonathan D. Cooke, Danny S. Hood and Brandon P. Long at Keystone Capital Partners, Inc. d/b/a Federal Employee Benefit Counselors
The Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The SEC’s enforcement action comes at a time when the agency has been focusing more specifically on brokers’ and advisers’… Read More »
Updated Investor Alert for Seniors: Five Red Flags of Investment Fraud
Per Securities and Exchange Commission: Older Americans are often targets of investment fraud. The SEC’s Office of Investor Education and Advocacy is issuing this Updated Investor Alert to help seniors identify signs that what is offered as an investment may actually be a fraud. Below are five “red flags” seniors should look out for… Read More »
FINRA Sanctions MetLife Securities, Inc. $25 Million for Negligent Misrepresentations and Omissions in Connection With Variable Annuity Replacements
If you invested in a MetLife variable annuity and have suffered losses or have questions regarding this investment, please call for a free consultation at 561-475-1332 today. In addition to MetLife variable annuities, we regularly handle cases involving unsuitable investments, churning, hedge funds, Ponzi schemes, securities arbitration, broker fraud, misrepresentation, exploitation of the elderly, and… Read More »
Investor Bulletin: 10 Investment Tips for 2016
Whether you are a first-time investor or have been investing for years, here are ten tips from the SEC’s Office of Investor Education and Advocacy to help you make more informed investing decisions and avoid common scams in 2016. Always check the background of an investment professional − it is easy and free. Details… Read More »
Five Men Accused of Selling False Real Estate Investments
Many investors are looking for a way to get into the real estate market while minimizing their risk. There are a number of ways to do so, such as purchasing shares in a real estate investment trust, a company that manages properties and pays investors a share of the income. Unfortunately, the prospect of… Read More »
SEC, U.S. Attorney Charge Utah Man With Running Fake Investment Club
Investment clubs are a way for individuals to meet and pool their resources to purchase stock, bonds, mutual funds or other securities. Many investment clubs operate as partnerships or limited liability companies, where individuals purchase memberships and participate in joint decision-making. Unlike larger investment groups, an investment club with fewer than 100 members generally… Read More »
