Skip to Content
The worst of American corporate ethos was on display last week when the CEOs of two leading companies, Wells Fargo & Co. and Mylan N.V., were called on the carpet by Congress for deeply flawed cultures that put greed and profits over customers and clients. Cross-selling, or selling a different […]
In the wake of natural disasters, many people selflessly volunteer their time and donate money to help those in need. Unfortunately, there are also people who use these tragic events to take advantage of others. Sadly, this is a recurring problem in the United States, and one that has surfaced […]
In our latest post on the Puerto Rico bond saga, we discussed President Obama’s signing of a new law that created a financial oversight board (FOB) responsible for approving the restructuring of the U.S. territory’s $70 billion debt. In that article, entitled Puerto Rico’s New Law is a Rearrangement of […]
In August, the Securities and Exchange Commission (SEC) issued an Investor Bulletin advising individual investors on the various fees associated with different types of mutual funds, as well as some additional considerations for those considering mutual fund investments. Our attorneys summarize this Investor Bulleting below. For more information on some […]
Late last month, President Obama selected an All-Star team of seven experts in finance and law to clean up the fiscal mess in Puerto Rico. The new group, a team of law professors, scholars and businessmen known as the Independent Control Board, has the herculean task of restructuring the Island’s […]
In July, the Securities and Exchange Commission (SEC) issued an Updated Investor Alert warning of investment fraud schemes targeting older individual investors. The Updated Investor Alert identifies five “red flags” that are hallmarks of frauds targeting elderly investors. We summarize these red flags below: The SEC’s Five “Red Flags” for […]
As an individual investor, it is crucial that you are able to trust your broker. Unfortunately, sometimes there is simply nothing you can do to make sure that your investment account is completely secure. Consider, for example, the recent case of one former JPMorgan broker who recently received a five-year […]
Zamansky LLC announces that it is investigating 13 investment management firms over their investment of client money into AlphaSector Exchange Traded Funds (“ETFs”). The AlphaSector strategy was developed by F-Squared Investments which has since admitted in an enforcement case brought by the United States Securities and Exchange Commission (“SEC”) that […]
Puerto Rico is still basking in the glory of Monica Puig’s gold medal win in tennis at the Olympics in Brazil. She is the first Olympic gold medal winner in any sport for the island commonwealth. Unfortunately, Puig’s victory is where the good news ends for the island. Regular readers […]
It’s a simple question, but one that most people don’t think about nearly as much as they should: How well do you know your investment advisor? Unfortunately, while there are plenty of honest, experienced advisors who make smart investment recommendations and build their clients’ portfolios over time, there are far […]