LAWSUITS NEWS & LEGAL INFORMATION
Securities Lawyer Interviews
Securities Lawyer: Securities Fraud Happens Every Day
November 12, 2013. By Heidi Turner.
Naples, FL When it comes to securities fraud, many people think a lawsuit is the only way for them to recover lost money. So they are surprised when a lawyer informs them that they must go through the Financial Industry Regulatory Authority (FINRA) to file their complaint. Kristian Kraszewski, managing partner of the securities department at Kyros Law Offices, says FINRA dispute resolution is a good way for investors to deal with their stock fraud or securities fraud complaints.
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Morgan Keegan Settlement “Not Fair,” Says Attorney
April 12, 2013. By Brenda Craig.
Chicago, IL Attorney Howard Prossnitz firmly believes his clients and many of the 12,000 other Morgan Keegan (MK) bond investors that filed a securities fraud class action against the now-defunct investment firm Morgan Keegan are being offered a raw deal.
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REIT Unsuitability Violations: Interview with Attorney Christopher Gray
January 11, 2013. By Heidi Turner.
New York, NY When it comes to securities fraud claims, one of the areas of concern is suitability violations--when a broker-dealer or financial advisor recommends investment products that are unsuitable for the client. Christopher Gray, senior attorney at Law Office of Christopher J. Gray, PC, says he is seeing numerous suitability violation claims related to the sale of non-exchange traded real estate investment trusts. Those claims may result in an arbitration being filed on behalf of the investor.
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US Securities Lawyer Says Canadian Plaintiffs Can Do Better
May 20, 2011. By Brenda Craig.
New York, NY New York City super-lawyer Michael Spencer, best known for prevailing in a multi-billion dollar class-action suit against French media conglomerate Vivendi for deceiving investors, says he sees "opportunities" in Canada, and may prove to be a game changer in this country now that he has qualified to admission to the Ontario bar and is ready to robe up in Canada.
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Denise Madigan—Mediator Major
February 7, 2011. By Brenda Craig.
Los Angeles, CA There are lots of roles a lawyer can play—litigator, arbitrator, discovery referee—but the one role Harvard law grad Denise Madigan likes best is the role of the mediator.
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Attorney: Clients Lost Up to 98 Percent of Their Investment in Lehman Brothers
January 25, 2011. By Heidi Turner.
New York, NY Facing allegations of improperly marketing Lehman Brothers Principal Protected Notes as safe investments, UBS is now dealing with FINRA arbitrations filed by investors who say they lost their money to the Lehman Brothers structured notes. Investors say they bought the Lehman Brothers Principal Protected notes from UBS, but in many cases, they were not told Lehman Brothers was connected to the investment.
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Chasing Demons: "Securities Fraud Is Still Happening"
September 20, 2010. By Brenda Craig.
Sante Fe, NM Securities fraud seems to have dropped from the headlines, and Bernie Madoff is in safely locked up far from other peoples' money. But make no mistake, says Louis Straney, a super expert on fraud detection, litigation, prevention and control of financial misconduct—there is a never-ending stream of heartless pretenders intent on stealing your money.
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Get a Class Action Suit Check in the Mail?
August 3, 2010. By Brenda Craig.
Farmington Hills, MI A flurry of class action settlement money has been arriving in the mail boxes of mutual fund holders. Investment advisor and attorney Rick Bloom, from Bloom Asset Management, says clients often come to him somewhat bewildered after receiving an unexpected check.
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Toyota Shareholders Sue
March 26, 2010. By Brenda Craig.
New York, NY Investors who bought shares in the Toyota Motor Corporation thought they were buying into one of the most trusted and reliable carmakers in the world. Little did they know that Toyota had information to the contrary—information that in the view of veteran litigation lawyer Marvin Frank amounts to securities fraud.
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Open Your Monthly Statements, Says Securities Lawyer
January 31, 2010. By Brenda Craig.
Jupiter, FL The first rule of thumb for investors is "open your monthly statements," says Marc Dobin, an experienced securities lawyer who has represented hundreds of unhappy investors and brokerage firms in securities fraud cases.
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- Did Charles Schwab Help a Ponzi Schemer? By Brenda Craig (Jan-7-10)
- Madoff Securities Swindle Leaves Clients Ashamed and Penniless By Brenda Craig (Mar-12-09)
- The Fleecing of America's Senior Citizens By Brenda Craig (Oct-20-08)
- Howard Rosenfield: Investors Call Off the Dogs-- For Now By Brenda Craig (Aug-22-08)