Legal Options for PetroRock Mineral Investors
On September 24, 2021, the Securities and Exchange Commission entered an order instituting cease and desist proceedings against Resolute Capital Partners related to the marketing of PetroRock Mineral holdings. Government: PetroRock Diverted Funds, Lied to Investors In addition to the Securities and Exchange Commission, the State of Washington recently issued an order related to the […]
Recovery Options for GWG L Bond Investors
Our law firm wants to speak with investors who lost money investing in GWG L Bonds offered by GWG Holdings. If you or someone you know lost money investing in a GWG L Bond, please contact attorneys Marc Fitapelli or Jeffrey Saxon for a free and confidential consultation by calling 800-767-8040. You can also complete […]
Former UBS Broker German Nino is Arrested
German Nino (CRD # 2653707), a broker and investment adviser formerly associated with UBS Financial, was arrested on allegations of stealing approximately $5.8 million from a long-standing client. Nino was previously registered with UBS in Miami from July 2012 until August 2020. The Securities and Exchange Commission (“SEC”) and the U.S. Attorney’s Office each announced […]
Morgan Stanley’s Meridian Wealth Management Group Involved in $15 Million Options Complaint
Members of Morgan Stanley’s Meridian Wealth Group are involved in a $15 million dispute according to FINRA. The members, Christopher McCaffrey (CRD# 2735236), Elizabeth Layne (CRD# 4497721), Michael Spector (CRD# 2857657), and Michael Wagner (CRD# 4465334) are all involved in the same dispute. According to their Financial Industry Regulatory Authority BrokerCheck reports, accessed on December […]
Complex Options: Butterfly Spreads and Protective Collars
In our previous article on options, we discussed options strategies in depth and explained what a spread is. If you are already familiar with options spreads, we can now look into more advanced options strategies, specifically, butterfly spreads and protective collars. What is a butterfly spread? The butterfly spread is thought to take its name […]
Ponzi Scheme Investigation: deeproot Funds and Robert Mueller
Our law office is investigating arbitration cases against the financial advisors who marketed deeproot Funds to investors. If you or someone you know invested in a deeproot fund, including 575 fund or dGRD, please call us at 800-767-8040 for a free and confidential consultation. What is the lawsuit about deeproot Funds about? On August 20, […]
How Do Financial Advisors Charge Their Clients?
There are several ways that a financial advisor commission is charged. There is no perfect structure for financial advisor commissions or fees. Each has its pros and cons, and some are better suited to certain types of investors than others. What are wrap fees? AUM fees, also known as wrap fees, are charged as a […]
Wisconsin Financial Advisor Michael Shillin Indicted by the Feds
Michael Shillin, a broker and financial investment advisor formerly associated with Alliance Global Partners (A.G.P.) and Raymond James Financial Advisors, has been indicted on 9 counts of wire fraud and 1 count of bank fraud. Through his financial advisory firm Shillin Wealth Management (SWM), Mr. Shillin is alleged to have engaged in a scheme to […]
GPB Ponzi Scheme: Special Investigation Update
In February 2021, the New York State Attorney General Letitia James filed suit against GPB Capital Holdings LLC and five other co-defendants for allegedly engaging in a Ponzi-like scheme that defrauded investors out of hundreds of million, and New York investors of more than $150 million. Separate yet simultaneous suits have also been filed against […]
Buying and Selling Options without Getting Burned
From puts and calls to iron condors and butterflies, options strategies can be highly complex and the losses unlimited. Options trading is a hot topic these days, with some young traders making a killing on options on GameStop, AMC and other popular stocks. People are seeing that fast money can money can be made this […]