Author: admin
Public Investors Arbitration Bar Association Journal
his article addresses what appears to be a growing problem and our experience in defending against it. Specifically, broker-dealers’ attempts to apply indemnification clauses in private placement subscription agreements—intended to apply solely to the sponsor of the investment—to themselves…
Wall Street Journal: How Troubled Brokers Cluster
At Burt & Max’s Bar and Grille one day this summer, stockbroker Rafael Golan gave a group of elderly people a financial seminar. After his hourlong talk on topics from real estate to annuities, the free food arrived…
Reuters Special Report:
Atlas Energy LP has a deal for investors eager to get in on the U.S. energy boom: Contribute at least $25,000 in a partnership that will drill for oil and gas in Texas, Ohio, Oklahoma and Pennsylvania and then share any revenue from the wells’ output…
New York Times: Brokers Countersue to thwart suits of unhappy investors
Ron Vaerewyck was making his way through the convention floor at the annual World Money Show in Orlando, Fl, in February 2008 when he stopped by the booth of Reef Securities of Richardson, Tex.
The brochures for Reef’s private placements in the energy industry showed an impressive track record.
Wall St. Cheat Sheet: Is Your Broker Churning Your Investment Account?
Financial Professionals are like any profession – there are good ones and there are bad ones. As long as financial advisors are compensated by commissions, some of the unscrupulous ones will continue to attempt to enrich themselves by excessively trading accounts…
The Bond Buyer:
On Tuesday, White Law Group filed an arbitration case with FINRA for a single investor claiming more than $450 million in losses. The firm claims UBS engaged in fraud, breach of fiduciary duty, negligence, and negligent supervision, according to a press release…