When you have suffered a personal injury due to someone else’s negligence, you not only have to cope with the pain of your injury, but you also may suffer financial injury as well. How will you pay your living expenses, medical bills, and rent or mortgage when you are unable to work? The White Law [...]
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 [...]
We are investigating a possible securities fraud claim on behalf of an investor involving investment recommendations made by former UBS Financial Services financial advisor Eduardo “Eddie” Sordo. Based on our preliminary investigation, it appears that Mr. Sordo initially invested the investor primarily in UBS proprietary products, inappropriately invested the investor on margin, and then later [...]
An investment syndicate is a temporary association of investors brought together for the purpose of pooling funds to invest in a larger investment. Investment syndicates offer individual investors more leverage to invest in larger businesses and wield more collective power. There are many investor syndicates to choose from, where individuals may invest anything between several [...]
FINRA recently announced that Thailia Alisa Tucker, a former financial advisor for Wachovia Securities, LLC in Miami , Florida , has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Tucker consented to the described sanction and to the entry of findings that she misappropriated approximately $847,188.87 [...]
The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton. The Law Offices of David A. Carter, P.A. has its office in Boca Raton, Florida because of the obvious benefits of being located so close to FINRA [...]
FINRA recently announced that Lorraine Leonie Macko (formerly of RBC Capital Markets Corporation in Miami , Florida ) has been fined $6,000 and suspended from association with any FINRA member firm in any capacity for a period of one year. The sanctions were based on findings that Lorraine Macko misused her member firm’s funds by [...]
The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton. The Law Offices of David A. Carter, P.A. has its office in Boca Raton, Florida because of the obvious benefits of being located so close to FINRA [...]
FINRA recently announced that Broad Street Securities, Inc. (a FINRA registered broker-dealer based in Plantation, Florida) has been censured and fined $10,000. Without admitting or denying the findings, the Broad Street Securities, Inc. consented to the entry of findings that the firm, acting through an individual financial advisor, failed to establish and maintain a system [...]
FINRA (formerly the NASD) recently announced that BGC Financial, L.P. (a FINRA broker-dealer based in New York City ) was censured and fined $10,000. Without admitting or denying the findings, BGC Financial consented to the entry of findings that it failed, within 90 seconds after execution, to transmit last sale reports of transactions in designated [...]