Federal regulators have filed a lawsuit against Morgan Keegan & Co. Inc. for allegedly bilking investors of nearly $925 million by misrepresenting the safety of auction-rate securities and the state…
A securities class action lawsuit has been filed against Matrixx Initiatives, Inc. on behalf of investors over the company’s failure to disclose reports of problems with loss of smell from…
The number of claims filed by investors over stockbroker fraud and other breaches of fiduciary duty continue to grow this year, according to the latest statistics released by the Financial…
Wachovia Bank’s investment management arm, Evergreen Investment Management Co., will pay $40 million to the Securities and Exchange Commission (SEC) to settle charges that it inflated the value of their…
At least one lawsuit and one securities fraud arbitration claim have been filed against Fisher Investments over losses suffered by clients of the financial advisor firm who lost money due…
According to the latest statistics released by the Financial Industry Regulatory Authority (FINRA), which regulates all securities firms throughout the United States, new securities fraud case filings were up 86%…
An arbitration panel through the Financial Industry Regulatory Authority (FINRA) awarded an investor $30.6 million in compensatory damages and $9.2 million in interest against Merrill Lynch as a result of…
Over 1,000 investors have filed FINRA arbitration cases against Morgan Keegan to recover losses suffered in a number of bond funds managed by the regional brokerage firm, some of which…
