|
Securities Fraud Investigation Against Wall Street Firms
|
|
December 13, 2009 @ 8:22 am |
The Guiliano Law Firm, P.C., a leading securities lawyer firm in Philadelphia, Pennsylvania announced today it is actively investigating and pursuing securities fraud claims against certain securities broker-dealers resulting from the risky or unsuitable recommendation of securities.
Investment trusts, labor unions, pension funds, local municipalities, school boards and charitable foundations, required by law in most states to only invest in prudent, and otherwise conservative fixed income securities and preferred shares, have collectively lost tens of billions in the securities of ...
Read Full Article
|
|
Securities Fraud Investigation Against Wall Street Firms
|
|
December 13, 2009 @ 8:22 am |
The Guiliano Law Firm, P.C., a leading securities lawyer firm in Philadelphia, Pennsylvania announced today it is actively investigating and pursuing securities fraud claims against certain securities broker-dealers resulting from the risky or unsuitable recommendation of securities.
Investment trusts, labor unions, pension funds, local municipalities, school boards and charitable foundations, required by law in most states to only invest in prudent, and otherwise conservative fixed income securities and preferred shares, have collectively lost tens of billions in the securities of ...
Read Full Article
|
|
The SEC charges GunnAllen Financial stock broker Frank Bluestein with fraud to fund $250 million Ponzi scheme
|
|
December 13, 2009 @ 8:22 am |
The Securities and Exchange Commission today charged GunnAllen stockbroker Frank Bluestein with fraud, alleging that he lured elderly investors into refinancing the mortgages on their homes in order to fund their investments in a $250 million Ponzi scheme.
The SEC alleges that Bluestein acted as the single largest salesperson in the Ponzi scheme operated by Edward May and his company, E-M Management Company LLC (E-M). The SEC previously filed charges against May and E-M in connection with the fraudulent scheme.
The SEC alleges that Bluestein specifically targeted po...
Read Full Article
|
|
|
 RSS Subscription
|
|
