-
August 4, 2011
Comments (0)
Blog, Securities Fraud
Have you suffered investment losses in the NNN Opportunity Fund? If so, The White Law Group may be able to help. The White Law Group is investigating potential securities fraud claims on behalf of investors involving broker-dealers recommendation that investors purchase risky investments, including NNN Opportunity
Read More »
-
July 28, 2011
Comments (0)
Blog, Securities Fraud
Broker-dealers have been engaging in sales practices for structured securities products that hurt retail investors, according to a Securities and Exchange Commission report recently released. In sweep examinations of 11 broker-dealers, the SEC found that the firms may have steered clients into the complex products
Read More »
-
May 16, 2011
Comments (0)
Blog, Securities Fraud
Investigation o Noble International Investments, Inc. Noble International Investments, Inc. (CRD #15768, Boca Raton, Florida) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $27,500. Without admitting or denying the findings, the firm consented to the described
Read More »
-
May 12, 2011
Comments (0)
Blog, Securities Fraud
The Investment News recently announced the most profitable “indie” brokerage firms. They are as follows: Rank Firm Pre-tax earnings ▼ 1 LPL Financial LLC $106,217,515 2 H.D. Vest Financial Services $41,478,680 3 Crown Capital Securities LP $30,847,000 4 Axa Advisors LLC $21,300,000 5 Cambridge Investment
Read More »
-
February 21, 2011
Comments (0)
Blog, Securities Fraud
According to the Investment News, three independent broker-dealers are suing their respective insurance carriers for failing to cover investors’ legal claims, with one charging that its insurer has exposed it to “financial ruin.” The broker-dealers, Next Financial Group Inc., Berthel Fisher & Company
Read More »
-
February 9, 2011
Comments (0)
Blog, Securities Fraud
According to CBS New York, a former Connecticut securities broker faces sentencing for stealing more than $1.35 million from his clients. Gregory Buchholz of Bridgewater is scheduled to be sentenced in federal court in Bridgeport. He pleaded guilty to wire fraud. Prosecutors say the 45-year-old Buchholz liquidated
Read More »
-
November 11, 2010
Comments (0)
Blog, Securities Fraud
In 2008, FINRA announced that it has fined 19 broker-dealers a total of $2.8 million for substantially overstating their advertised trade volume to three private service providers. FINRA compared the firms’ advertised trade volume in selected securities with the firms’ executed trade volume for the same
Read More »
