16 results

• Financial Services Get New Social Media Guidelines From FINRA

  June 2, 2017

  Irvin Jackson

  FINRA has released a new guidance to clarify the responsibilities of financial firms when communicating and advertising through increasingly popular social media methods.

• Merrill Lynch Mutual Fund Charges Draw $100M in Fines, Fees by FINRA

  June 19, 2014

  Irvin Jackson

  Merrill Lynch will pay out nearly $100 million to make up for overcharging charities and retirement funds for mutual fund sales.

• UBS Class Action Lawsuit Filed Over Puerto Rico Mutual Funds

  May 9, 2014

  Irvin Jackson

  A class action lawsuit says UBS intentionally tricked older investors into taking out loans to buy into Puerto Rico bond funds that it knew were doomed to fail.

• Puerto Rico Bond Fund Cases to Move Forward, as Arbitrators Found

  April 16, 2014

  Irvin Jackson

  FINRA has lifted its hold on Puerto Rico bond fund claims, saying it has hired enough arbitrators who are willing to go to Puerto Rico to arbitrate the cases.

• UBS Says Puerto Rico Bonds to be Downgraded to Junk

  February 3, 2014

  Irvin Jackson

  Expect junk status for Puerto Rico bonds within a month, UBS analysts warn, as the company is targeted by investors who claim they were defrauded by UBS Puerto Rico bonds.

• UBS Puerto Rico Bond Complaint Dismissed by SEC, As Losses Mount

  November 5, 2013

  Russell Maas

  An Administrative law judge has dismissed a complaint against UBS by the SEC over Puerto Rico Municipal Bond Funds.

• Puerto Rico Bond Losses May Lead to Investor Lawsuits Against UBS

  October 21, 2013

  Irvin Jackson

  UBS and other firms face FINRA arbitration lawsuits over Puerto Rico municipal bond funds, which have lost significant value.

• Schwab Class Action Lawsuit Prohibition Approved by FINRA

  February 25, 2013

  Martha Garcia

  In what may be a landmark decision, a panel of arbitrators through the Financial Industry Regulatory Authority (FINRA) has ruled...

• Lehman Brothers Financial Fraud Investigation Dropped by SEC: Report

  May 25, 2012

  Irvin Jackson

  Federal investigators are reportedly dropping a criminal probe against Lehman Brothers Holdings Inc. and are not expected to file any...

• More UBS Arbitration Claims Over Lehman Notes Likely Following Bankruptcy

  November 2, 2011

  Staff Writers

  Financial fraud lawyers are expecting an influx of arbitration claims against UBS Financial Services following an announcement that holders of...