PR Newswire
A four-law firm legal team with nationally recognized securities law experience has filed investor claims against Morgan Keegan and is continuing an investigation of Morgan Keegan bond mutual funds. Claims recently were filed on behalf of an Indiana charity alleging that the charity was unaware that the Morgan Keegan bond fund recommended by the firm […]
The Tribune
One allegation to be raised in the arbitration cases against Jeffrey Forrest ofWealthWise LLC is that the investment advisermay have mismarked order tickets when purchasing San Luis Trust Bank shares on behalf of his clients. The issue speaks directly to the quality of supervision at Associated Securities, the broker dealer that Forrest was registered with […]
The Tribune
Attorneys for some investors who lost millions in an equity fund recommended by Jeffrey Forrest of WealthWise LLC in San Luis Obispo claim he also sold investments in at least four businesses that were unsuitable. Putting investors in unsuitable investments is evidence of wrongful conduct, according to financial regulators. Two of those companies are San […]
Investment News
The collapse of some hedge funds may be turning into the next cause celebre for plaintiff’s attorneys who file arbitration claims on behalf of investors looking to recoup losses. And while lawyers are clearly taking aim at giant hedge funds managed by firms such as The Bear Stearns Cos. Inc. of New York, they are […]
Wall Street Journal
A recent Congressional hearing highlighted the continuing debate about the fairness of requiring investors to take disputes with brokers to arbitration rather than to the courts. Some in Congress want to change the rules. But in the meantime, brokerage customers who feel they have been wronged also have another option: mediation. Mediation can be quicker […]