Infovest21 News
So far, a class action lawsuit has been filed against Citigroup in the United States District Court for the Southern District of Florida for investors in the Falcon Fund. The case is Robert Zeff v.Citigroup Alternative Investments. The lawyers are calling on investors who lost more than $100,000 to join the action. Brokers who sold […]
San Luis Obispo Tribune
A hearing in the first of four arbitration cases filed against Jeffrey Forrest of WealthWise LLC in San Luis Obispo is scheduled to be held late this year. Attorney Phil Aidikoff, whose Beverly Hills firm is representing San Luis Obispo County investors who were clients of Forrest and lost millions in a failed equity investment […]
Hedge World
An Indianapolis law firm hopes to fill what may be a promising niche in the market for securities lawyers: representing institutions in litigation against huge firms, generally the sponsors of hedge funds, who have lost money in the subprime mess. Keith L. Griffin, of Maddox, Hargett & Caruso PC, said in a telephone interview on […]
Memphis Daily News
As the lawsuits and arbitration claims keep piling up on behalf of investors who lost millions of dollars in several Regions Morgan Keegan mutual funds last year, another group of investors is prepping for legal action. The list of people who got caught up in the mutual fund debacle unfolding at the Memphis-based brokerage firm […]
Dow Jones
The question of whether arbitrators should have to explain their decisions has been hotly contested for years – but new data have emerged showing a widespread desire to learn their rationale. Like many aspects of the debate over arbitration, the argument over explained decisions presents a juxtaposition between efficiency and fairness. While arbitration is meant […]