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January 30, 2013
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Blog, Securities Fraud
According to reports, the Investment Program Association, a national trade association representing companies that offer direct investments in real estate, recently announced that it is launching its first certification course in the IPA Alternative Investment Proficiency Certification Series covering nontraded Real
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January 29, 2013
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Blog, Securities Fraud
The Securities and Exchange Commission recently charged a former executive at New York-based broker-dealer Jefferies & Co. with defrauding investors while selling mortgage-backed securities in the wake of the financial crisis so he could generate additional revenue for his firm. According to the SEC’s complaint
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January 28, 2013
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Blog, Securities Fraud
The White Law Group continues to investigate investors’ litigation options involving the UBS Willow Fund. According to SEC filings, the UBS Willow Fund was incorporated as a Delaware limited liability company, with its mailing address being 1285 Avenue of the Americas, New York, New York 10018. The Fund’s Form N-Q
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January 28, 2013
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Blog, Securities Fraud
According to a report in the Investment News, LPL has told its 13,000 registered reps and investment advisers that it is cracking down on sales of leveraged, inverse and monthly reset mutual funds. As of April 1, LPL reps no longer can source those kinds of mutual funds directly from a fund sponsor such as …
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January 25, 2013
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Blog, Securities Fraud
In October 2012, investors in the UBS Willow Fund were informed that the fund would be liquidated after having sustained substantial losses. Those investors are now likely investigating their litigation options. At this point, it appears that investors have two basic options to attempt to recover their losses: (1)
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January 17, 2013
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Blog, Securities Fraud
According to reports, noted real estate investor Tony Thompson is having trouble with several real estate programs he started in 2008. These reports state that Thompson has been struggling since last summer to make payments on various note programs, which he sold through independent broker-dealers in 2008 and 2009 to
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January 14, 2013
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Blog, Securities Fraud
Have you suffered losses in the UBS Willow Fund? If so, you may be able to recover your losses through FINRA arbitration. The UBS Willow Fund is a distressed debt hedge fund formed in or about 2000. In October 2012 investors were informed that the fund would be liquidated after having sustained substantial losses
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January 10, 2013
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Blog, Securities Fraud
Have you suffered losses investing in Warsowe Acquisition Corp. Depentures? If so, you may be able to recover your losses through FINRA arbitration. Warsowe Acquisition Corp. is a Florida based company that offers investments secured by collateral assignments and corresponding mortgages. According to reports,
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January 8, 2013
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Blog, Securities Fraud
According to reports, a former FBI agent and certified financial planner, and his wife, have pleaded guilty to bilking 11 investors in Virginia out of $1.3 million. Specifically the reports state that John Robert Graves, 53, of Fredericksburg, Va., resigned from the FBI in 1999 and founded Brooke Point Management in
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January 7, 2013
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Blog, Securities Fraud
According to reports, three major players behind Minnesota’s second-largest Ponzi scheme were recently sentenced to a total of 57 1/2 years in prison and ordered to pay more than $155 million in restitution. Jason “Bo” Beckman, described as a kingpin, received 30 years in prison. Co-conspirator Gerald
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