Meyer Wilson

Recovering Losses Caused By Investment Misconduct

Blog Posts in August, 2010

28 results found. Viewing page 1 of 2. Go to page 1 2   Next
Meyer Wilson LPA is proud to announce that the firm's founding member, Investment Fraud Attorney David P. Meyer, is listed in the 2011 edition of The Best Lawyers in America ®. Published since ... Continue reading "David P. Meyer Listed in The Best Lawyers in America (2011)" »
A recent New York investment scam resulted in a guilty plea to mail fraud and tax evasion. Christopher Bass has been accused of defrauding more than 250 unsuspecting investors out of nearly $5.5 ... Continue reading "Investment Scam Costs Clients Over $5 Million" »
FINRA fined HSBC $375,000 for selling unsuitable inverse floating rate Collateralized Mortgage Obligations (CMOs) to unsophisticated retail customers, often without the required supervision. Inverse ... Continue reading "HSBC Fined $375,000 for Unsuitable Sale of CMOs" »
On August 25, 2010, a FINRA arbitration panel ordered Raymond James & Associates and one of the firm's brokers to buy back $1.4 million in auction-rate securities from a Texas couple for ... Continue reading "Texas Couple Wins Arbitration Award From Raymond James & Associates" »
A Ponzi scheme involving at least $460,000 of misappropriated funds leads to federal regulators freezing an Atoka man’s assets. The U.S. Commodity Futures Trading Commission has accused Jeremiah ... Continue reading "Ponzi Scheme Leads to Feds Freezing Atoka Man's Assets" »
A New York broker faces another lawsuit brought by former clients claiming that he committed stockbroker fraud. The lawsuit claims that Mark Casolo, of Voorheesville, embezzled approximately $1.5 ... Continue reading "Alleged Stockbroker Fraud Results in Lawsuit" »
Federal agents arrested the leader of a real estate investment scam based on charges that the alleged perpetrator ran a scheme that resulted in the losses of at least $200 million. Eliyahu Weinstein, ... Continue reading "Real Estate Investment Scheme Leads to Arrest" »
The U.S. Securities and Exchange Commission (“SEC”) recently barred a Dallas-area broker from the securities industry of his involvement in a classic “ selling away ” scam. The ... Continue reading "SEC Bars Texas Broker in $850,000 Promissory Note Scheme" »
A former Twin Cities man was sentenced to 25 years in prison for his involvement in a Ponzi scheme that affected more than 900 investors. U.S. District Court Judge James Rosenbaum handed down the ... Continue reading "Twin Cities Investor Gets 25 Years for Ponzi Scheme" »
A large percentage of the population has reached the “golden years.” However, instead of enjoying their retirement, many have been forced back into the workplace due to dwindling ... Continue reading "What Is Being Done To Protect Senior Investors?" »
On August 11, former CEO of MCSi, Inc., Michael E. Peppel, pled guilty in federal district court to one count each of securities fraud, conspiracy, and money laundering, according to a Press Release ... Continue reading "Former CEO of MCSi, Inc. Pleads Guilty to Securities Fraud" »
EIA Sales Are On The Rise Equity-indexed annuities (contracts between an investor and an insurance company that bases the investor's return on an equity index, like the S&P 500) are typically ... Continue reading "Equity-Indexed Annuities Aren't Worth the Hype" »
Pennsylvania regulators have filed a civil lawsuit against TD Ameritrade alleging that the company defrauded investors in the sale of its Reserve Yield Plus Fund by misrepresenting the cash-enhanced ... Continue reading "Pennsylvania Regulators Allege TD Ameritrade Misrepresented Its Reserve Yield Plus Fund to Investors" »
With the dollar down and a recent history of strong growth for gold, gold investment schemes are on the rise. Most scams involve purchasing gold through a sales agent (read: con artist) who offers to ... Continue reading "Investment Scams Involving Gold Rise With Increased Price" »
The movement to "go green" has grown increasingly popular over recent years. Now, with more Americans than ever concerned about global climate change and local environmental disasters (like ... Continue reading "As Concerns for the Environment Grow, Beware of "Green" Investment Schemes" »
In order to more effectively detect investment fraud, FINRA recently proposed a rule to prohibit the use of non-FINRA-regulated institutions as custodians, according to an August 9 Wall Street Journal ... Continue reading "FINRA Proposes to Prohibit Non-Regulated Custodians" »
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against a Detroit woman for her alleged involvement in an investment scam that took in over $1 million. The lawsuit was filed on ... Continue reading "SEC Reports Investment Scam Took in More than $1M" »
The collapse of the mortgage-backed securities market still has many investors feeling uneasy and reeling from their losses. The same man who predicted that collapse, Christopher Whalen, managing ... Continue reading "Unregulated Structured Notes Could be the Next Investment Bubble" »
The poor economy means an increase in investment scams, particularly those targeting retirees and the elderly. In an effort to attract voters in a state known as a retiree's paradise, democratic ... Continue reading "Florida Race for Attorney General Centers on Protections for Investors" »
The USA Today recently reported that the Financial Industry Regulatory Authority (FINRA) has fined Morgan Stanley $800,000 for violating regulations. The bank supposedly failed to properly disclose ... Continue reading "Financial Industry Regulatory Authority Fines Morgan Stanley $800K" »
A Ponzi scheme leads to a former hedge fund manager pleading guilt to criminal charges. The charges allege that the suspect and his partner stole millions of dollars from four university endowments. ... Continue reading "Ponzi Scheme Results in Guilty Plea from Hedge Fund Manager" »
In 2009, investors paid $9.5 billion in 12b-1 fees, according to a July 21 WSJ article. In 2007, the fees brought in over $13 billion. As discussed here, the SEC has repeatedly voiced concerns about ... Continue reading "SEC Proposes to Improve Regulation and Disclosure of Mutual Funds' "Ongoing Sales Charges"" »
Two weeks ago, FINRA decided to extend a pilot program that gave investors involved in arbitration proceedings the right to opt for an arbitration panel without an industry-affiliated arbitrator, ... Continue reading "FINRA Decides to Extend Pilot Arbitration Program into 2011" »
New York and Ohio have teamed up as co-plaintiffs in a $200 million securities fraud, class-action lawsuit against oil giant BP for losses experienced by state pension and retirement funds in the ... Continue reading "State of Ohio Teams Up With New York in Securities Fraud Lawsuit Against BP" »
On Tuesday, July 20, Donald Anthony Young pled guilty to one count of mail fraud and one count of money laundering in federal district court, according to a July 21 Philadelphia Daily News article. As ... Continue reading "Owner of PA Firm Admits to Swindling Investors Out of More Than $20 Million in Ponzi Scheme" »
28 results found. Viewing page 1 of 2. Go to page 1 2   Next

Choose a Firm with Accolades:

  • Super Lawyers
  • Million Dollar Advocates Forum
  • Preeminent AV Peer Review Rated
  • Best Lawyers Lawyer of the Year
  • Best Lawyers Best Law Firm
  • The Best Lawyers in America
  • Avvo 10/10 Rating