9 results

• Nursing Homes Can’t Take Stimulus Checks Intended For Residents, FTC Warns

  January 13, 2021

  Russell Maas

  The FTC is warning nursing homes not to attempt to claim residents' stimulus checks, which could be considered financial abuse.

• Elder Financial Abuse Claim Results in $212K FINRA Award

  September 18, 2017

  Irvin Jackson

  FINRA has ordered a financial firm to pay $212,000 for charges of elder abuse and financial fraud.

• Seniors Financial Abuse Helpline Has Fielded Thousands of Calls, Helped Recover Millions

  December 6, 2016

  Irvin Jackson

  A hotline for seniors suffering financial exploitation and fraud has received more than 7,000 calls since last year, and has resulted in callers receiving millions in reimbursement from investment firms.

• Elderly Financial Abuse Targeted By Proposed FINRA Rules

  October 25, 2016

  Irvin Jackson

  FINRA is asking the SEC to approve new rules to protect seniors and other vulnerable adults from financial exploitation.

• Senior Financial Abuse, Exploitation Targeted by Proposed FINRA Rules

  November 11, 2015

  Irvin Jackson

  New financial industry rules have been proposed, which are designed to protect seniors and those with disabilities from abuse and exploitation, requiring firms to be more proactive.

• FINRA Charges Oppenheimer $921K For Overcharging Customers

  December 13, 2013

  Irvin Jackson

  Oppenheimer must pay $900K in fines and restitution for overcharging customers and failing to supervise its traders.

• Nontraded REITs Investment Risks Highlighted by FINRA

  October 6, 2011

  Staff Writers

  In the wake of fraud investigations and substantial investor losses, a financial oversight agency is warning investors to be aware...

• Goldman Sachs Lawsuit Filed by SEC Over Abacus Fraud

  April 19, 2010

  Staff Writers

  The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Goldman, Sachs & Co. charging the financial institution...

• Stock Broker Elder Financial Abuse Claim Results in $1.6M Award

  January 7, 2010

  AboutLawsuits

  A panel of arbitrators through the Financial Industry Regulatory Authority (FINRA) has awarded a 95-year old man $1.6 million in...