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Tag Archives: Financial Abuse

Goldman Sachs Lawsuit Filed by SEC Over Abacus Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Goldman, Sachs & Co. charging the financial institution with fraud for allegedly selling investors subprime mortgage securities that were doomed to fail. …

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

A panel of arbitrators through the Financial Industry Regulatory Authority (FINRA) has awarded a 95-year old man $1.6 million in damages against StockCross Financial Services in a stock broker fraud claim that resulted in triple damages based on a finding of elder abuse.…