Investment Lawsuit

Broker Fraud Investigation: Charles H. Frieda

InvestmentFraudLawyers.com is now investigating complaints against former California broker and financial advisor Charles Henry Frieda. In December 2017, the Financial Industry Regulatory Authority permanently barred Mr. Frieda from associating with any FINRA member firm in any capacity. Mr. Frieda consented to the sanction after his customers at Wells Fargo Clearing Services, LLC (formerly Wells Fargo […]

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TD Bank Resolves $1.2 Billion Lawsuit Tied to Allen Stanford’s Ponzi Scheme

Toronto-Dominion Bank (TD Bank), one of Canada’s largest financial institutions, agreed to pay a staggering $1.2 billion to settle a lawsuit related to its alleged involvement in one of the biggest Ponzi schemes ever orchestrated, led by the disgraced financier Allen Stanford. This agreement has sparked a wave of scrutiny over the bank’s corporate governance

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Blackstone (BREIT): Halts Withdrawals, Braces For Market Drop and Possible Legal Remedies for Investors

In recent months, Blackstone Inc., a leading global alternative asset manager, has found itself under scrutiny following its decision to limit investor withdrawals from its $71 billion Real Estate Income Trust (BREIT). This controversial investment decision has sparked significant investor complaints and potentially impending lawsuits, bringing the firm’s business conduct into question. This comes at

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SEC Files Lawsuit Against Hill, Shelly, CETA and FIC For Fraud

The Securities and Exchange Commission (SEC) has filed an emergency lawsuit against Roy Hill and Eric Shelly, and their controlled entities for engaging in a fraudulent securities offering Clean Energy Technology Association, Inc. (CETA) and Freedom Impact Consulting, LLC (FIC). It has raised over $155 million from more than 500 investors. The U.S. District Court

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FINRA Orders Oppenheimer to Pay Almost $14M to Horizon Private Equity Ponzi Scheme Victims

The Financial Industry Regulatory Authority (FINRA) mandated that Oppenheimer & Co. Inc. compensate several victims of a Ponzi scheme with nearly $14 million. The scheme, which targeted 400 elderly investors, was orchestrated by a former Oppenheimer broker, John J. Woods. These investors purchased shares in the purported Ponzi scheme, known as the Horizon Private Equity

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