The frequency of misconduct by financial advisors varies greatly across the country, but some are more prevalent in certain regions. These professionals may be more likely to deceive their clients than their counterparts in other industries. The study shows that clients are most likely to be misled during their most vulnerable moments. Misconduct was more […]
Warning Signs of Financial Advisor Fraud Read More »
Are L bonds a good investment? The short answer is that L Bonds are not a good investment for most investors due to the risk and lack of liquidity. The current value on the secondary market is 20-30 cents on the dollar. Meaning GWG L Bonds lost over 70% of their value. If you haven’t
Are L Bonds a Good Investment? Read More »
Brook Taube and Seth Taube, former co-chief executive officers of Medley Management, are currently facing charges brought against them by the Securities and Exchange Commission (SEC). These charges allege that they deliberately created an “illusion” of future growth by making misleading statements to investors and clients. The SEC has taken action to hold them accountable
Medley Management Fined $10M and given Cease and Desist Read More »
Haselkorn & Thibaut, P.A. (InvestmentFraudLawyer.com) is investigating Emerson Equity regarding GWG Holdings L Bonds. We are learning that GWG had been in financial trouble long before it began defaulting on interest payments. Recently the Securities and Exchange Commission (SEC) subpoenaed GWG for documents after it failed to file its annual 10-K. GWG put an end to the
Investors File Complaints Against Emerson Equity For GWG Holdings L Bond Fraud Read More »
Using cost-to-equity ratios and annualized turnover ratios to measure churning and excessive trading can be helpful in determining whether you have a conflict of interest. However, it is important to note that churning is not always illegal. In this article, we’ll look at how to spot churning claims and how to prove them. After reading
Financial Advisor Fraud: How to Spot Churning and Excessive Trading Read More »