Investor Lawsuits: Don’t Get Burned By Life Settlements
Life settlements, sometimes called Senior Settlements, have been more aggressively promoted in recent years leading to many investor lawsuits. They can offer high earnings for brokers but their target market is small, meaning that promoters must take bolder actions to find people who are willing to take part in them. Whereas Life Settlements can potentially […]
Securities Fraud Lawsuit Filed Against Akebia Therapeutics, Inc. (AKBA)
A securities fraud lawsuit has been filed against Akebia Therapeutics, Inc. (NASDAQ: AKBA) for potential securities violations on behalf of shareholders who purchased shares anytime during the period from June 28, 2018 through September 2, 2020. The release of potentially misrepresentative and misleading information, as well as failure to disclose material adverse facts to the […]
Did You Invest in Zima Digital Assets Through Art Hoffman?
Former Glendale, Arizona broker Art Hoffman (CRD# 3193754) has been named in a Securities and Exchange Commission (SEC) complaint alleging he defrauded his clients. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on March 15, 2022, he was registered with Ameriprise Financial Services until he was permanently barred from acting as a […]
Protecting Yourself From a Bitcoin Ponzi Scheme
Bitcoin Ponzi schemes hit an all-time high in 2021 compared to a year earlier, hitting a record-high of 14 billion in total crypto assets stolen dollars. Some of the scams were perpetrated technologically, utilizing programmatic means to swindle money from investors due to some bug in the underlying cryptocurrency technology. But a primary way of […]
Investors File Complaints Against Cetera Investment Services
Arcadia broker/adviser Cathy Wu (CRD# 4924232) is involved in pending customer disputes. According to her Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on February 24, 2022, she is currently registered with Cetera Investment Services. Also registered with the firm’s offices in Torrance and Palos Verde, California, she is alternately known as Ping Shuang Wu. […]
Long Island Broker Edward Pinney Sanctioned by FINRA
Benjamin Securities broker Edward Pinney (CRD# 728435) has been involved in several regulatory sanctions. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on February 24, 2022, he is based out of the firm’s office in Hauppage, New York. His other recent registrations include Prime Number Capital and FCG Advisors. FINRA: Pinney Took […]
Securities Fraud Lawsuit Filed Against Fennec Pharmaceuticals (FENC)
A securities fraud lawsuit has been filed against Fennec Pharmaceuticals, Inc. (NASDAQ: FENC) for potential securities violations on behalf of shareholders who purchased shares anytime during the period from May 28, 2021 through November 26, 2021. The release of potentially misrepresentative and misleading information, as well as failure to disclose material adverse facts to the […]
Securities Fraud Lawsuit Filed Against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (NASDAQ: ELMS)
A securities fraud lawsuit has been filed against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (NASDAQ: ELMS) for potential securities violations on behalf of shareholders who purchased shares anytime during the period from March 31, 2021 through February 1, 2022. The release of potentially misrepresentative and misleading information, as well as failure […]
Securities Fraud Complaint Filed Against Gatos Silver (GATO)
A securities fraud lawsuit has been filed against Gatos Silver, Inc. (NYSE: GATO) for potential securities violations on behalf of shareholders who purchased shares either (a) pursuant and/or traceable to the Registration Statement issued in connection with the Company’s initial public offering conducted on or about October 28, 2020; and/or (b) anytime during the period from […]
Securities Fraud Complaint Filed Against Meta Materials (MMAT)
A securities fraud lawsuit has been filed against Meta Materials, Inc. f/k/a Torchlight Energy Resources, Inc. (NASDAQ: MMAT) for potential securities violations on behalf of shareholders who purchased shares anytime during the period from September 21, 2020 through December 14, 2021. The release of potentially misrepresentative and misleading information, as well as failure to disclose […]