On May 17, 2011, John F. Wasik through, Demos a non-partisan public policy research and advocacy organization, published a Paper, How Safe Are Your Savings? How Complex Derivative Products Imperil Seniors' Retirement Security.

The paper examines what these investments are, how they are sold and what Congress and the SEC need to do to protect investors.

This papers conclusions and recommendations were documented by more than a year’s worth of research invol...

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The Financial Industry Regulatory Authority (‘FINRA’) launched today its new Disciplinary Actions Online database, which provides access to Finra complaints against firms and individual brokers, settlement agreements (known as Letters of Acceptance Waivers and Consent, or AWCs), decisions by Finra hearing panels and National Adjudicatory Council decisions.

Previously, the public had to contact FINRA to obtain copies of these documents, or obtain them by Subpoena and also pay up to $25...

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The Financial Industry Regulatory Authority ("FINRA") fined Wells Fargo Advisors, LLC of St. Louis, $1 million for its failure to deliver prospectuses in a timely manner to customers who purchased mutual funds in 2009, and for delays in reporting material information about its current and former representatives, including arbitrations and complaints involving its representatives.

This is not old news, but a continuing part of Wells Fargo’s failures and fraud in connection with t...

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Shareholders of of Tenent Healthcare Corporation may have potential claims related to the company’s acquisition by Community Health Care.

According to a complaint filed in the United States District Court for the Northern District of Texas, Tenet seeks to compel Community Health Systems, Inc. to make certain disclosures to its shareholders, and alleged that Community Health Care or CHS, failed to disclose its improper business practices and substantial liabilities, CHS has made false and misleading statements and material omissions to its own shareholders.

Now...

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Shareholders purchasing 99 Cents Only Stores, Inc. (NYSE: NDN) shares prior to March 11, 2011 may have potential claims against the board of directors of the company concerning possible breaches of fiduciary duty and other violations of law related to the company’s acquisition by Leonard Green & Partners, L.P. to acquire the company in a "going private" transaction for $19.09 per share in cash.

The Schiffer/Gold family already owns approximately 33% of the Company’s outstanding common stock, and the Proposal letter states that they are prepared to con...

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