SEC investigation
Tag Archive

  • Apple REIT Redemptions

    June 30, 2011 Comments (0) Blog, Securities Fraud

    Given the sheer volume of negative news currently in the press regarding David Lerner & Associates and Apple REIT, it will not be surprising if many Apple REIT investors attempt to redeem their investments today (Apple REIT permits redemption requests quarterly).  Unfortunately, due to these same forces

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  • Former Sentinel Securities Broker Charged By SEC

    March 23, 2011 Comments (0) Blog, Securities Fraud

    According to the Investment News, James J. Konaxis, a former broker, has been charged with defrauding the widow of a victim of the Sept. 11, 2001, attack on the Pentagon of much of her victim compensation settlement money. Apparently, the Securities and Exchange Commission has charged the Beverly, Mass.-based

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  • Merrill Lynch Settles Securities Fraud Charges

    January 26, 2011 Comments (0) Blog, Securities Fraud

    Merrill Lynch recently agreed to pay a $10 million fine to settle civil securities fraud charges by regulators who accused the firm of misusing customers’ order data to make trades for its own account and for failing to disclose trading fees. The Securities and Exchange Commission announced the settlement with

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