South Florida Arbitration & Litigation Lawyer Blog

If you are Foreign Investor, Limit your Chance of Getting Fleeced:Avoid Getting Burned by “Hot” U.S. Stocks or Precious Metal Scams Many foreign investors, for any number of reasons, including the stability of the U.S. government, its financial system and the regulatory scheme associated with its financial markets, seek to invest in U.S. stocks, precious…

Goldline International: California based, Goldline International, Inc. was recently accused of deceptive sales practices in a lawsuit filed in the United States District Court of South Carolina, Greenville Division. More specifically, the plaintiffs charged Goldline International with violating the Racketeer Influenced and Corrupt Organizations Act (RICO) and for the use of unfair and deceptive trade…

It would be funny if it were not true. Talk about calling the wrong number. Most investors and seniors have at one time or another received “cold” calls from unknown people seeking them to get involved in all types of so-called investments. However, if an investor bites and the deal goes wrong, it is, at…

Precious Metals Fraud: As an example of precious metals fraud, the reader need look no further then what recently happened to a California gold dealer, Superior Gold Group LLC, which was seized and whose assets were frozen by a court order. Recently, a California judge froze the assets of Superior Gold Group LLC of 100…

South Florida Peer-to-Peer Lending Litigation and Arbitration Attorney: Peer-to-Peer lending has come under the scrutiny of state regulators as it gains in popularity. State securities regulators are warning investors to be careful of peer-to-peer lending over the Internet, a trend they say is on the rise as conventional loans have become scarcer and more costly.…

Lehman Brothers/Ernst & Young: The fall-out from the Madoff fraud continues. New York Attorney General Andrew Cuomo sued Ernst & Young, saying the accounting firm helped Lehman Brothers Holdings take actions to deceive the public about Lehman’s financial condition. “This practice was a house-of-cards business model designed to hide billions in liabilities in the years…

Madoff News: December 17, 2010: A machinery manufacturer last week sued New York Life Insurance Co., claiming it had lost money in variable universal life policies that were invested in funds linked to the Madoff scandal. Experts say similar suits are likely to follow. Cummins Inc. filed a lawsuit Dec. 10 in U.S. District Court…

Elder and Senior Investor Alert: Free Meal Seminars – Broker/Dealer Fraud, Mismanagement and Negligent Supervision Florida FINRA Arbitration and Litigation Attorney Free Lunch Seminars, Misleading Professional “Senior Specialist” Designations and Abuse Sales Practices: State securities regulators warn senior investors to be aware that a combination of “free lunch” seminars, misleading professional “senior specialist” designations, and…

SENIOR INVESTOR ALERT: Carefully Check Credentials of ‘Senior Specialists Seniors should carefully check the credentials of individuals holding themselves out as “senior specialists.” Con artists use the promise of high commissions to lure brokers, insurance agents, investment advisers, accountants, and lawyers, some of them not licensed to sell securities, into offering investments they may know…

South Florida, including Miami, Hollywood, Davie, Margate, Fort Lauderdale, Pompano Beach, Deerfield Beach and Boca Raton, on-line negligence, breach of contract and breach of fiduciary duty FINRA Arbitration and Litigation Attorney: How to Protect Your On-line Presence: Let’s hope this never happens to you: You have a few free minutes so you decide to go…