LawyersandSettlements.com
Beverly Hills, CA: A 2015 report produced by True Link Financial estimates that the amount lost by senior citizens through financial elder abuse in the US is at a staggering $36.48 billion annually. That number surges well past a previous MetLife Institute report in 2011 that estimated the amount to be $2.9 billion. True Link […]
InvestmentNews
A Wells Fargo Advisors client has asked arbitrators to recover money he says he lost investing with F-Squared Investments Inc., his lawyer said Wednesday, testing whether investors can challenge brokerage firms who sold the troubled asset manager’s products. F-Squared agreed in December to pay $35 million to settle charges it made false claims about the […]
Wall Street Journal
“When can we expect payment?” asks the soulless lawyer in a cadaverous monotone. He’s from the broker-dealer you used to work for, and he’s talking about the unpaid balance on your Employee Forgivable Loan. You go ballistic. Those clowns broke their promises. They almost destroyed your business, which is taking forever to rebuild. Now what? […]
ALM
Fifty of the top legal professionals in the U.S. have been recognized in the National Law Journal’s inaugural “Litigation Trailblazers & Pioneers” special supplement. Released on December 22nd, the list honors individuals who have changed the practice of litigation through the use of innovative legal strategies. Each of the professionals recognized has promoted significant change in the […]
Wall Street Journal
Wall Street’s own national watchdog doesn’t make public all the regulatory red flags it has about brokers, prompting calls from state regulators for more expansive disclosure. Investors checking disciplinary records from the Financial Industry Regulatory Authority, or Finra, can see that in Bennett Broad ’s 35-year career as a stockbroker, he has faced 25 customer […]