by Broker Fraud | May 29, 2025 | Securities Fraud, Securities Litigation
The Financial Industry Regulatory Authority (FINRA) has been focused on investment firms that are not reimbursing their customers for mutual fund sales charge waivers and fee rebates. In December FINRA ordered three firms to pay their customers more than $8.2 million...
by Broker Fraud | Apr 4, 2025 | Securities Fraud, Securities Litigation
Investors are continually looking for ways to increase their profits on investments, especially in periods of economic downturn. Investment opportunities are often pitched to investors through social media posts and investment-related chat groups online. In December...
by Broker Fraud | Jan 9, 2025 | Securities Fraud, Securities Litigation
Morgan Stanley Smith Barney to Pay $15M SEC Penalty for Failure to Prevent Financial Advisors’ Theft of Investor Funds Financial services firms have a duty and are required by U.S. Securities and Exchange Commission (SEC) rules to have supervisory and compliance...
by Broker Fraud | Dec 18, 2024 | Securities Fraud, Securities Litigation
JPMorgan Chase Affiliates to Pay $151 Million in SEC Enforcement Fines On October 31, the U.S. Securities and Exchange Commission (SEC) resolved five separate enforcement actions against J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Investment Management, Inc....
by Broker Fraud | Nov 18, 2024 | Securities Fraud, Securities Litigation
The U.S. Securities and Exchange Commission (SEC) on October 9 charged two investors and Minerco, Inc., an inactive penny stock company, which was formerly MINE on an over-the-counter ticker, with defrauding investors in an $8 million pump and dump scheme.1 In this...
by Broker Fraud | Nov 7, 2024 | Securities Fraud
A Structured Note is a debt security issued by financial institutions. Its return is based on equity indexes, single equity, a basket of equities, interest rates, commodities, or foreign currencies. The performance of a Structured Note is linked to the return on an...
