The White Law Group is currently investigating claims on behalf of two investors involving former MML Investors financial advisor Charles Nam. Specifically, we are investigating whether Mr. Nam properly invested the two investors in a Wells REIT as he represented he was doing. The two investors with whom we have spoken believed that they were [...]
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 because of the obvious benefits of being located [...]
The White Law Group is investigating a securities fraud claim involving a recommendation made by Lighthouse Capital Corporation to invest in Diversified Lending Group (DLG). In the case we are investigating, Lighthouse Capital allegedly represented that the DLG investment provided a guaranteed rate of return. Unfortunately, unbeknownst to the investors, it appears that Lighthouse Capital [...]
The White Law Group is investigating possible securities fraud claims involving the Oppenheimer Champion Income Fund (OCHBX, OPCHX and OCHCX) and the Oppenheimer Core Bond Fund (OPIGX). Although marketed to investors as conservative investments, the Champion Fund and Core Bond Fund were extremely risky ventures, investing in illiquid derivatives and high risk credit default swaps. [...]
The White Law Group is investigating the variable annuity sales practices of former ING financial advisor Greg H. Miller on behalf of an investor who was inappropriately sold a large ING variable annuity policy by Mr. Miller. Based on our preliminary investigation, it appears that Mr. Miller conducted a revocable trust seminar and then, after [...]
We are investigating securities fraud claims on behalf of numerous investors involving recommendations made by their broker-dealer that they invest in DBSI, Inc., and specifically in DBSI TIC (tenants in common) or DBSI REIT investments. In the cases we are investigating, the brokerage firms allegedly represented that the DBSI tic (tenants-in-common) investments provided a 6-7% [...]
FINRA recently announced that Harold Sheldon Minsky, a financial advisor with J.H. Darbie & Co., Inc., has been fined $10,000 and suspended from association with any FINRA member in any capacity for 30 days (the suspension was effective from April 19, 2010 through May 18, 2010). Without admitting or denying the findings, Minsky consented to [...]
We are investigating a securities fraud claim on behalf of an investor involving a recommendation made by Royal Alliance to invest in DBSI, Inc. In the case we are investigating, Royal Alliance allegedly represented that the DBSI tic (tenants-in-common) investment provided a 6% guaranteed return. Unfortunately, unbeknownst to the investor, DBSI was already in significant [...]
Broker Targeted Accounts of Elderly and Vulnerable Clients; Citigroup Has Paid Restitution to Customers The Financial Industry Regulatory Authority (FINRA) recently announced that it has barred Tamara Lanz Moon of Redwood City , CA , from the securities industry for wrongfully taking over $850,000 in funds from at least 22 customers, including her own father. [...]