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November 26, 2013
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Blog, Securities Fraud
The outlook for UBS Puerto Rico bond investor’s continues to look bleak. The bond funds, which are ranked a step above “junk bonds” by many of the leading US investment rating agencies, continue to depreciate in value. According to Investment News, “The NAV for the $375 million Puerto Rico Fixed Income Fund
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November 26, 2013
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Blog, Securities Fraud
According to Investment News, the Financial Industry Regulatory Authority (FINRA) has barred 16 brokers from the industry through their High Risk Broker program established back in February 2013. The program targeted 42 rogue brokers using indicators such as complaints, terminations, arbitrations, and field reports,
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November 26, 2013
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Blog, Securities Fraud
Have you been defrauded by your stockbroker or financial professional? If so, the securities attorneys of The White Law Group may be able to help. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in
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November 25, 2013
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Blog, Securities Fraud
Have you suffered losses as a result of investing with Richard Schwartz of RAS Associates? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim. According to the Kokomo Tribune, Schwartz allegedly operating a Ponzi scheme that may have
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November 22, 2013
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Blog, Securities Fraud
On November 12, 2013 the Financial Industry Regulatory Authority (FINRA) launched its new enhanced version of BrokerCheck, an online tool that allows you to review the background of your investment professional. Work history, registration status, and disciplinary records can all be found using BrokerCheck. The new
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November 20, 2013
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Blog, Securities Fraud
Securities regulation is intended to protect all participates in the securities market. This includes investors as well as financial professionals, broker-dealers, businesses and the various securities markets. In addition to protection, regulators are designed to maintain market integrity and efficiency. The
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November 11, 2013
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Blog, Securities Fraud
According to Financial Advisor Magazine, former Lincoln Financial Advisors broker, Hugh R. Hunsinger, Jr., was sentenced to 5 years in prison for defrauding his parents out of more than $1.3 million. According to the report, between 2005 and 2011, Hunsinger systemically transferred the funds from the accounts he
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November 8, 2013
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Blog, Securities Fraud
According to the Sacramento Business Journal, former financial adviser, Michelle Lee Kern pleaded guilty to fraud. Court documents indicated that between December 2009 and December 2012, Ms. Kern transferred money form client accounts in to her own personal accounts and even into accounts of her relatives. According
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November 8, 2013
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Blog, Securities Fraud
According to Investment News, former Merrill Lynch broker, James R. Lanier, has been banned from working in the securities industry for illegally using nearly $1 million of client’s funds. Over the course of several years, Mr. Lanier allegedly forged clients signatures on wire transfers and used the money for
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November 7, 2013
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Blog, Securities Fraud
If you have ever wondered if your broker or investment adviser has been sued by a customer, there is a great online tool called BrokerCheck that allows you to research the background of your financial professional. BrokerCheck is a free online database provided by the Financial Industry Regulatory Authority (FINRA).
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