A former financial adviser at HCR Wealth Advisors has agreed to a consent judgement with the U.S. Securities and Exchange Commission (SEC) , admitting that he defrauded a professional athlete and his wife out of $1.2 million. Broker Misled and...
Merrill Lynch has been fined $300,000 by the Financial Industry Regulatory Authority (FINRA) for failing to supervise the actions of a former broker who ultimately stole millions of dollars from a client. Broker and Conman Defraud Pro Athlete...
According to the U.S. Census Bureau, by 2030 one in five U.S. adults will be 65 years old or older, resulting in a large demographic of targets for elder financial abuse. Financial abuse in this age group is widespread, and, according to recent...
Dimond Kaplan & Rothstein, P.A. partner Lorenz Michel Prüss appeared on the CNN Español network as a commentator on the Goldman Sachs Malaysian criminal charges recently filed against the bank. The Malaysian Government recently filed a...
Former registered UBS Puerto Rico broker José G. Ramirez-Arone Jr. has pled guilty to one count of bank fraud for his role in a fraudulent scheme to obtain and misuse non-purpose credit lines for purchasing securities. The scheme led to...
OptionSellers.com and INTL FCStone Lawsuit and Recovery Commodities options trading firm OptionSellers.com has lost millions of dollars of investors’ money after engaging in an extremely risky and aggressive strategy involving options on...
