Brokerage Firms Using U5s as Leverage

March 6, 2013 It seems more and more often now firms are threatening reps with filing false assertions on a broker’s U5 when they depart a firm, so as to gain leverage over the representative. When a dispute breaks out between a representative and a firm whether it is because the representative learns of some compliance procedure or SEC rule …

Heinz Insider Trading – Appears to be an Amateur

February 19, 2013, 5:15pm EST – News reports from Friday revealed that that the SEC in one of the rare occasions of acting expeditiously have frozen several Swiss bank accounts related to excessive purchases of call options in Heinz (HNZ) stock immediately prior to the takeover offer made by Warren Buffet. According to the complaint, Apparently some investor invested nearly …

2/13 NY TIMES Investors Beware of Private Placements

February 11, 2013 The Front Page New York Times article today which refers to a case of ours highlights the focus of attention in today’s market place. With investors seeking income due to low interest rates unsophisticated investors are susceptible to pitches relating to sophisticated illiquid investments which like the roach motel, it’s easier to get in than to get …

Credit Agencies Learn Having a Bad State Prenuptial

In divorce when you have a bad prenuptial, you end up in never ending Court battles that you never expected, especially if your spouse learns of things that should have never seen the light of day. Well, as the credit agencies are learning it’s the same thing with State regulators. According to public reports New York Attorney General Eric Schneiderman …

Wells Fargo’s Philip Horn and the Braemar Country Club

This new story from the New York Times of broker fraud demonstrates just how difficult it may be even for sophisticated investors to uncover fraud when they trust their broker. It’s alleged that Mr. Horn would use the volume of his trading to cover up a series of cancel trades so that when he had a large winning trade he …

Centaurus Reits – Behringer Harvard & Cornerstone

Based on contacts we have recently received, we are currently investigating whether Centaurus Financial are marketing to elderly investors these highly illiquid securities which are generally unsuitable other than in a highly diversified portfolio of highly liquid stock bonds and other investments. As investors age, their investments must be more and more liquid. To the extent the opposite is true …

SEC Attorneys Focus Interests of Investors

24 December, 2012 @ 3:34 by admin During an investigation pertaining to a brokerage or investment firm, regulatory bodies such as the SEC, FINRA, CFTC or others may also need to investigate the actions of investment professionals working for the firm. As a registered representative or stock broker, you will likely require legal representation with respect to depositions, subpoena responses, …

FINRA Attorneys for Securities Employee Regulations

30 November, 2012 @ 5:12 by admin If you, as a registered representative or stockbroker have received a notification from FINRA pertaining to regulatory investigation or legal proceedings, what would you do? You will likely go with the FINRA attorneys appointed by your employer brokerage firm. Sadly, many brokerage employees don’t even realize at the outset that this does more …

Arbitration Attorneys Give You a Superior Advantage

22 November, 2012 @ 4:05 by admin As an individual investor, company or institutional investor, when you consult with arbitration attorneys at the Law Offices of Stuart D. Meissner, you shall notice several unique attributes of our services. Interestingly, these very attributes are also what set us apart from other law firms that claim to represent investors. The Key to …