In an article in the Wall Street Journal on Wednesday, June 22, 2016, it was announced that the Securities and Exchange Commission (SEC) is preparing a civil enforcement action against sec Merrill Lynch relating to the issuance of structured products investments in 2010. A structured product (oftentimes referred to as a structured note) is a […]
SEC Prepares Civil Enforcement Action Against SEC Merrill Lynch Read More »
The securities arbitration and investment litigation group is currently investigating cases relating to client investments in SunEdison, Inc. (SunEdison Ticker Symbol: SUNE), one of the nation’s largest providers of electricity and renewable energy, which announced on April 21, 2016, that it has filed for Chapter 11 Bankruptcy. In a press release, SunEdison stated that its
The Sun has Set at SunEdison – The Company is Bankrupt! Read More »
26 years old Ramy Fahim, who worked for the Newport Beach, California, based Pence Wealth Management, an affiliate of LPL Financial, has been charged with murder. He is stated to have murdered his Pence colleague Griffin Cuomo and Jonathan Bahm, a roommate of Cuomo, both 23 years old, inside an apartment in Anaheim, California, according
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
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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 »