Investors who purchased Apple Real Estate Investment Trust shares (REITs) sold by David Lerner & Associates Inc. (DLA) have filed a class action lawsuit in an effort to recover to…
A complaint has been filed by federal regulators against David Lerner & Associates, Inc. for selling Apple REIT Ten non-traded shares to customers, without regard to whether they were a…
A financial industry arbitration panel has awarded a couple more than $90,000 in an investment arbitration case against Wells Fargo and one of its brokers.
An investor was awarded $400,000 in what is believed to be the first successful stockbroker arbitration claim over Medical Capital Holdings fund losses.
The number of plaintiffs filing financial fraud arbitration claims topped 7,000 last year, as more brokers and financial firms were hit with breach of fiduciary duty charges in the wake of…
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…
Financial industry regulators have warned brokerage firms not to overstate the security of principal-protected notes (PPNs), which are not risk-free as their names often suggests. The reminder comes after a…
A number of securities fraud lawyers are investigating whether investors who were sold CIT InterNotes were defrauded by the brokerage firms that recommended and sold the inverstments, to determine whether…
A class action lawsuit has been filed on behalf of investors who purchased Medical Capital Notes, alleging that several brokerage firms violated federal securities laws by selling the unregistered notes…
The brokerage firm William Blair & Co. and two of their former brokers have been ordered to pay $1.17 million to an elderly woman who filed a stock broker arbitration…
