by Broker Fraud | Jul 25, 2025 | Securities Fraud, Securities Litigation
The U.S. Securities and Exchange Commission (SEC) recently brought an action against a former real estate investment company chief executive officer who they allege defrauded investors of $46 million by selling them fake interests in real estate investment limited...
by Broker Fraud | Jun 20, 2025 | Investment Fraud, Securities Litigation
The U.S. Federal Bureau of Investigation reports that in 2024 alone $672 million dollars was fraudulently taken from victims of confidence/romance scams with those over 60, as a group, reporting the most losses and submitting the most complaints to the FBI’s Internet...
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 | Feb 4, 2025 | Investment Fraud, Securities Litigation
There has been a lot of discussion in recent years about the power of artificial intelligence, often referred to as AI, which basically is” intelligence exhibited by machines, such as computer systems, … that enables the machines to perceive their environment...
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...
