According to the Investment News, another small broker-dealer that sold high-risk private placements is out of business. Securities Network LLC of Norcross, Ga., at the end of March informed the Financial Industry Regulatory Authority Inc. to terminate its broker-dealer license. The firm was not a big seller of Provident Royalties LLC preferred stock, according to [...]
FINRA is requesting comment on a proposal to amend FINRA Rule 5122, which requires, subject to certain exemptions, disclosure in the offering document of the intended use of offering proceeds, expenses, and the amount of selling compensation to be paid to the broker-dealer and its associated persons, in any private placement in which a participating [...]
If you have suffered investment losses in a Ponzi scheme recommended to you by your financial advisor or stockbroker, The White Law Group may be able to help. A Ponzi scheme, or pyramid scheme, is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, [...]
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 firm is dedicated to assisting investors who have suffered investment losses as a result of their financial advisor or broker-dealers’ fraud or negligence. We are currently [...]
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 [...]
The White Law Group is investigating securities fraud claims on behalf of investors involving recommendations made by broker-dealers like Securities America, Peak Securities, and Cedar Brook Financial Partners (among others) to invest in Medical Capital. Medical Capital was set up to purchase accounts receivables of medical providers and package them as private investments. The firm [...]