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.

 

Centaurus Financial Advisor Timothy McVey Faces Complaint Over GWG Holdings

In the world of finance, investing always comes with risks. However, what happens when those risks turn into devastating losses for unsuspecting investors? This is the unfortunate reality faced by customers of Centaurus Financial Advisor Timothy McVey. Public records reveal that at least one current or former customer has become a creditor for a GWG […]

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selling away

Five Types of Selling Away – What To Watch Out For And What To Do If You Already Invested

Selling away is a phrase used to describe the inappropriate practice of an investment professional (financial adviser or stockbroker) offering investments outside or away from the firm; implemented, the brokers sell those that his/her firm has approved for sale to the public. The investments are not on the employing firm’s approved investment product list, nor

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STIFEL Financial

Stifel Financial Ordered to Pay $3.2M Over Broker Joseph Crespi’s “Predatory Sales Practices” Towards Elderly Investors

Recently, Stifel, Nicolaus & Co., referred to as Stifel Financial, was fined $3.2 million by the Massachusetts state securities regulator for ignoring red flags about a broker, Joseph Crespi, who was allegedly engaged in “predatory sales practices” towards elderly investors. The regulator also censured the company for public and ordered it to pay restitution to

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Charles H. Frieda

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

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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