A securities attorney and a former stock broker were sentenced today to 188 months and 151 months in prison, respectively, for their roles in an extensive pump-and-dump stock manipulation scheme.
According to a breach notice provided to the Maine Attorney General’s Office, Keenan discovered disruptions on its servers on August 27, 2023. Further investigation determined that an unauthorized party had gained access to certain Keenan internal systems between August 21 and August 27 and obtained some data. ...
SENIOR BROKER FOUND GUILTY IN MANHATTAN FEDERAL COURT FOR COMMITTING MASSIVE INVESTMENT FRAUD AND STOCK MANIPULATION SCHEME PREET BHARARA, the United States Attorney for the Southern...
If your broker or advisor engaged in fraud, negligence, or unauthorized trading, our experienced stock lawyer can help you. Call now.
Lack of Transparency: If a company or investment opportunity is hesitant to disclose detailed financial information or avoids answering your questions, proceed with caution. ; Gather Evidence: Collect all documents related to your investment, such as account statements, offering materials, and communication with the broker or advisor. ; Navigate the Legal System: Guide you through the complexities of the legal process, including filing a lawsuit and dealing with the court system.
GTV Media Group and Saraca Media Group Unlawfully Sold Stocks and Digital Instruments Without Registering in New York NEW YORK – New York Attorney General
Brokers have a duty to provide advice and recommend investments that are in their customers’ best interests and are consistent with the goals and risk tolerances the customer has expressed. “Unsuitability” is a term used to describe recommendations and trades that are inappropriate for the customer and inconsistent with his or her goals. When recommending an investment, brokers are required to take the time to fully understand an investor’s particular financial situation, investment goal...
Do not deal with unregistered stock broker. 2. Do not forget to strike off blanks in your... If executed, receive a copy of Power of Attorney. However, Power of Attorney is not a mandatory...
There are only limited circumstances where your financial advisor can be authorized to make trades in your account without your explicit permission. For this to be permitted, you must have granted the advisor written “discretion” or “trading authorization” for your account. This written authorization is typically granted using a specific form prepared by the brokerage firm and signed by both the investor and the financial advisor. When there is no such written authorization, it is improp...
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