This week we will start a series of articles examining some of the most common forms of securities fraud. The first type of investment fraud we will discuss is Misrepresentation. Misrepresentation is a broad term that encompasses almost all aspects of securities fraud. Misrepresentation is the false representation of facts and/or the omission of facts […]
If you have a dispute with your stockbroker, investment advisor or their firm, you may be able to resolve that dispute outside of filing a court action. Arbitration is less expensive than litigation and will also take less time to receive a decision. Most arbitration claims are filed with the Financial Industry Regulatory Authority (FINRA) […]
Investment fraud is on the rise, not due to the economy but rather the unscrupulous individuals who talk a good talk. Before you invest your life savings, give a stranger a large amount of money up front for a “sure thing” it will pay for you to dig around and research the company and the […]
In this two part series, I will be explaining the “ins-and-outs” of determining whether or not you are victim of Broker misconduct. Be sure to return for the conclusion of this very informative article. I think I have a claim, is it worth pursuing? Before you can decide if you are a victim you must […]
Have you heard the term but not understand what it means? Many securities laws are created by the federal government (Washington) for the purpose of protecting investors. The Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) are the main enforcers of the nation’s securities laws. However, each individual state is permitted to, […]
Former NBA great Horace Grant has reportedly filed a $3 million securities arbitration claim against the power-house investment firm Morgan Keegan & Co. Inc. In September 2009, a judgment for $1.46 million was awarded in Grant’s favor. Though granted by the FINRA (Financial Industry Regulatory Authority) panel, no payment has been issued as Morgan Keegan […]