FROM INVESTMENTNEWS.COM The disgraced advisor fleeced more than 400 investors in a fraudulent 'private equity' fund over a 13-year period.February 13, 2024By Leo AlmazoraA former advisor who masterminded a Ponzi scheme (Horizon Private Equity III) that defrauded more than 400 investors across at least 20 states, resulting in losses exceeding $49 million, has been brought [...]
El SEC, el regulador federal de valores e inversiones, da los siguientes consejos:Haga preguntas y compruebe las respuestas. Los estafadores confían en la triste verdad de que muchas personas simplemente no se molestan en investigar antes de invertir. No es suficiente pedirle a un promotor más información o referencias: los estafadores no tienen ningún incentivo [...]
Los asesores financieros están obligados a actuar con diligencia y cuidado en sus recomendaciones. Hay ciertas circunstancias en las que un cliente puede tener motivos para emprender acciones legales contra su asesor financiero: Negligencia o mala conducta: Si un asesor financiero no cumple con su deber de cuidado y actúa de manera negligente o fraudulenta [...]
In a recent development, LPL Financial has found itself in the spotlight, facing significant penalties totaling more than $6 million for various securities violations. The Financial Industry Regulatory Authority (Finra) disclosed that LPL Financial has agreed to pay a fine of $5.5 million alongside restitution of $651,375, with the additional imposition of a censure. Supervision [...]
In the dynamic world of financial investment, Edward Jones stands out for its unwavering commitment to excellence. Recent developments from the firm highlight a strategic focus on enhancing advisor credentials, promising significant benefits for investors and the industry as a whole. A Strategic Investment: Subsidizing Credentials Edward Jones's latest initiative involves subsidizing the costs associated [...]
The full House of Representatives, in a late Wednesday session, passed H.R. 7024, titled the Tax Relief for American Families and Workers Act of 2024, with an overwhelming vote of 357 to 70. This landmark bill incorporates the much-anticipated tax bill with bonus depreciation feature at a full 100%, alongside significant measures such as research [...]
The Securities and Exchange Commission (SEC) has taken action against Citigroup Global Markets, Inc. (CGMI) and Citi International Financial Services, LLC (CIFS) for their failure to adhere to the disclosure requirements under Regulation Best Interest (Reg. BI) and the delivery mandate of Form Client Relationship Summary (Form CRS) during specific periods in 2020 and 2021. [...]
The U.S. Securities and Exchange Commission (SEC) has lodged formal complaints against Coinbase, asserting that the company has breached securities legislation by not registering as a trading platform, as well as failing to register specific tokens and its cryptocurrency staking offerings. Cryptocurrency staking, a mechanism enabling the validation of transactions and the acquisition of rewards, [...]
"As a lawyer for Ponzi Scheme victims, it never ceases to amaze me how clever some promoters are at raising money in these highly organized schemes; often these promoters are aided or abetted by banks, brokerage firms, law firms, and accounting firms who are subject to liability for participating in the scheme. We seek to [...]
Investor recovery and securities fraud attorneys representing investors nationwide.
Speak With an Investor Rights Attorney – 1.844.689.5754
© 2012 - 2026 Sonn Law Group • Investor Intelligence • Securities Fraud • FINRA Arbitration • All Rights Reserved
