Investors suffered losses in their brokerage accounts when the market plummeted amid the COVID-19 health crisis. Many investors’ losses may have been the result of a broker negligence and firm misconduct.
DKR was filled FINRA arbitration claims against UBS on behalf of customers who lost money in UBS’s Yield Enhancement Strategy or the “YES” options program.
CFTC ordered a Florida trader to pay over $1 million he solicited from family and acquaintances for commodities trading.
CEO and chairman of Commonwealth Capital Corp., displayed widespread misconduct involving thousands of dollars of expenses charged to private placement funds — resulting in a $100,000 fine and over $209,000 in disgorgement.
DKR is investigating brokerage firm recommendations and sales of UBS ETRACS exchange-traded notes (ETNs) that recently resulted in losses for investors.
Two executives of a Florida-based real estate company scammed over 1,000 investors out of $170 million by misusing more than half of that sum to cover up Ponzi payments.
