Investment fraud is far too common as many investors blame themselves for losses and don’t know they can recover their investment losses.
A major healthcare real estate deal has captured attention in early 2024. Welltower Inc. plans to buy NorthStar Healthcare Income REIT for $900 million, offering shareholders $3.03 per share in cash. This could be a significant loss to many investors. This price stands above the current net asset value of $2.96 per share. The deal […]
NorthStar Healthcare Income REIT Sale And Controversy Read More »
On August 1, 2024, a federal jury in Brooklyn delivered a landmark verdict, finding David Gentile, founder and CEO of GPB Capital Holdings, and Jeffry Schneider, head of Ascendant Capital, guilty of fraud and conspiracy to commit securities fraud. The seven-week trial, which began on June 12, unveiled a sophisticated financial deception scheme that jeopardized
GPB Capital Investor Recovery Options (2025) Read More »
The SEC imposed an $18 million fine on LPL Financial LLC on January 17, 2025. This substantial penalty resulted from the firm’s failure to comply with anti-money laundering (AML) regulations. AML programs are designed to prevent criminals from using financial institutions to conceal illicit funds. LPL’s infractions included maintaining high-risk accounts that should have been
SEC Fines LPL $18M For Anti-Money Laundering Compliance Failure Read More »
Money troubles can hit anyone, even big companies. Fidelity, a well-known financial firm, just got in hot water. They have to pay a big fine because one of their workers did something wrong. Fidelity faces a $600K penalty for an employee’s stock plan fraud. This happened on January 10, 2025. FINRA, a group that watches
Fidelity Faces $600K Penalty For Employee’s Stock Plan Fraud Read More »
Have you ever felt pushed to buy something you didn’t want? A former Fidelity advisor claims this happened with high-fee investments. He says the company forced advisors to sell costly products to clients. This raises big questions about trust in the finance world. On May 8, 2024, the ex-advisor, Michael Maeker, filed a lawsuit against
Former Fidelity Advisor Alleges Coercion In Selling High-Fee Investments Read More »