Investment Lawsuit

Investment fraud is far too common as many investors blame themselves for losses and don’t know they can recover their investment losses.

 

GWG Holdings L Bonds - GWG Lawsuit

Center Street Securities Sued By Retirees For Sale of GWG L Bonds

A retired Missouri couple has lodged a six-figure lawsuit versus Center Street Securities regarding losses incurred in GWG Holdings, Inc. (NASDAQ: GWGH). The plaintiffs had entrusted their money to the brokerage company because they were both inexperienced traders with health difficulties. However, Center Street Securities dealer Joe Latour, a licensed investment advisor of the Latour Financial Group, acting […]

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GPB Capital Lawsuit

BD4RIA and Dempsey Lord Smith Fined by FINRA for GPB Capital Holdings Investments Sales

The count of broker-dealers found guilty of misselling private placements of GPB Capital Holdings continues to rise. BD4RIA Inc., and Dempsey Lord Smith, have been fined by the Financial Industry Regulatory Authority (FINRA) for the same. Actions covered by the ruling pertaining to the spring of 2018. FINRA held that the two broker-dealers were negligent

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FINRA Fines National Security Corp Over Pre-IPO Sale

FINRA Fines National Security Corp Over Pre-IPO Sale

The Financial Industry Regulatory Authority (FINRA) has penalized a brokerage-dealer company regarding its private offerings management. As per a confirmation letter and approval published by the regulatory agency, National Securities Corp (NSC) supposedly sold buyers a pre-initial public offering in a privately owned firm recognized as “Company A” in two different offerings between December 2017

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Northstar Financial Services (Bermuda)

Investment Fraud Lawyers Investigate East West Bank Customer Losses in Northstar Financial Services (Bermuda)

The number of customers of East West Bank who are claiming losses in the products of Northstar Financial Services (Bermuda) is rapidly rising. Many of these are Chinese nationals who seem to have invested in Northstar on the recommendation of their financial advisor, believing it to be a well-regulated US security. They ended up owning

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Ameritas Agrees to Pay .6 Million

Ameritas Agrees to Pay $4.6 Million Over Alleged Revenue Sharing Infringement

According to the Securities and Exchange Commission (SEC), Ameritas failed to act in its advisory clients’ best interests when selecting mutual fund share classes and money market funds. The regulator has announced a settlement with another company over allegations of mutual fund share class selection infractions, among other things. The SEC has targeted Ameritas Advisory

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