From bank failures to fraud perpetrated by major brokerage firms like Merrill Lynch and Morgan Stanley, retail investors have a lot to be worried about in 2023. Unfortunately, even if you invest with a broker or investment advisor, you are not immune from the risks of investing. Negligence, unsuitable investment […]
The recent failure of Silicon Valley Bank has sent shockwaves through the banking industry and left many investors questioning the safety of their bank stocks. As a securities lawyer with 30+ years of experience, Jake Zamansky understands the concerns of investors. The Silicon Valley Bank failure impacts current bank stocks, […]
As we recently discussed, our firm is actively investigating potential claims for investment fraud related to the overconcentration of investors’ portfolios in bank and financial stocks. With the collapse of Silicon Valley Bank, several other bank and financial stocks were hit hard as well, and our preliminary investigations have revealed […]
Many people open brokerage accounts on platforms like E-Trade, only to quickly find themselves in well over their heads. While commercials and social media influencers make investing on your own look easy, the reality is that managing a profitable investment portfolio is anything but. Many people suffer substantial losses investing […]
Many GWG L Bondholders have filed FINRA investment fraud cases to recover their losses against their financial advisors at broker-dealers such as Emerson Equity and Western International who sold them the bonds. A syndicate of broker-dealers sold $ 1.3 billion of GWG L Bonds to thousands of retail investors. The […]
On behalf of a 78 year-old retiree, we filed a FINRA arbitration investment fraud claim to recover $750,000 in losses against RBC Capital Markets LLC (RBC). The investment fraud claim alleges that, in early 2022, a conservative investor’s accounts were re-allocated by RBC aggressively into managed stocks and corporate bonds […]
We are investigating potential investment fraud claims for investors with losses from structured products sold by accounts at UBS Financial Services Inc. who have suffered losses from investing in any of the firm’s structured notes, called GOAL Yield products, due to recent market volatility. When the market declines, the GOAL […]
On behalf of a 79 year-old college professor, we filed a FINRA arbitration investment fraud claim to recover $150,000 in losses against Vanguard Marketing Corporation (Vanguard). The investment fraud claim alleges that the investor sought prudent investment advice from Vanguard on “very conservative” investments, and was provided with an Investment […]
On October 13, 2022, the SEC charged New Jersey-based National Realty Investment Advisors LLC (NRIA) and four of its former executives with running a Ponzi-like scheme that raised approximately $600 million from about 2,000 investors. Most of this money was raised for the NRIA Portfolio Partners Fund I, LLC, which […]
Our firm is investigating unsuitable sales of alternative investments by broker-dealer and financial advisors to retirees, conservative and risk-averse investors. Retirees, conservative and risk-averse investors should avoid alternative investments because they are higher risk investments than traditional investments. Alternative investments include the following: Private Placements Hedge Funds Regulation D (Reg […]