Investment Alerts and News for Senior Citizens

Florida FINRA Securities Fraud, Misrepresentation and Mismanagement Attorney, Russell L. Forkey, Esq.

As we have indicated in various sections on this site, we have been representing investors for over 30 years.  During this period of time, the biggest area of abuse that we have seen is the manner in which brokerage firms and account executives have take advantage of senior investors.  The abuse practiced on seniors takes many forms.  In this post, we will provide examples of various abuses that we have seen perpetrated on seniors, provide what we consider to be relevant investment and other news for seniors and provide investment alerts for investments that we believe target seniors.

Senior Investors, Beware The Discount Broker:

We recently completed an arbitration hearing on behalf of a 96 year old woman, who is responsible for taking care of her third husband that has Alzheimer's and is in a nursing home.

The woman was a self-made millionaire who had traded stocks and options, on her own, for a number of years.  During this period of time she dealt with both full service and discount brokerage firms.  The last firm that she dealt with was a very large, highly marketed and so called "caring" discount brokerage firm. See what happened.  Read More.