Merrill Lynch recently agreed to pay a $10 million fine to settle civil securities fraud charges by regulators who accused the firm of misusing customers’ order data to make trades for its own account and for failing to disclose trading fees. The Securities and Exchange Commission announced the settlement with Merrill Lynch, which was acquired [...]
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm. Our firm is dedicated to helping investors in claims against their financial professional or brokerage firm in Milwaukee, Wisconsin and throughout the country. The firm has offices in Chicago, Illinois and Boca Raton, Florida. The White [...]
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with over thirty years securities law experience, including experience at FINRA (f/k/a the NASD) and the SEC. The firm has offices in Chicago, Illinois and Boca Raton, Florida. The White Law Group has its offices in [...]
According to the Investment News, the following are the top broker-dealers (ranked by reps producing over $100,000): Click column headers to sort fields Rank Broker-dealer No. of reps 1 LPL Financial* 5432 • Associated Securities Corp. 121 • Mutual Service Corp. 547 • Waterstone Financial Group 275 2 AIG Advisor Group 2782 • AIG Financial [...]
If you have suffered investment losses in a hedge fund recommended to you by your financial advisor or stockbroker, The White Law Group may be able to help. A hedge fund is an aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal [...]
The White Law Group is investigating possible securities fraud involving the marketing and sale of the 1861 Capital Discovery Domestic Fund. Specifically, we are investigating whether brokerage firms, including UBS, misrepresented the safety and security of the 1861 Capital Discovery Domestic Fund. 1861 Capital Management, the firm that created the 1861 Capital Discovery Domestic Fund, [...]
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The White Law Group has its offices in Chicago, Illinois and Boca Raton, Florida because of the obvious benefits of being located so close to the FINRA [...]
The U.S. Securities and Exchange Commission has recently sued a Utah man for fraudulently misusing $139 million of investor funds. According to a lawsuit filed in federal court in Salt Lake City, Travis Wright misappropriated all but $6 million of the $145 million he raised from about 175 investors between 2001 and 2009 by selling [...]
It is not uncommon for foreign investors to seek to establish an investing relationship with a United States based broker-dealer (either because the client is seeking the security of investing in U.S. investments, or because these firms provide the client with the ability to discreetly invest their assets outside of their home country). Whether the [...]
The White Law Group is investigating the appropriateness of structured product investments sold by various broker-dealers (including Citigroup’s ELKS structured product), to retail investors. Structured products are complicated investments that are only appropriate for sophisticated or institutional investors. Structured products are designed to facilitate highly customized risk-return objectives by taking a traditional security, such as [...]