South Florida Arbitration & Litigation Lawyer Blog

SEC Charges Three with Promoting and Selling Forex Offering: As a reminder of the risks associated with commodities and precious metals trading, please read the below litigation summary, which relates to the case of Securities and Exchange Commission v. Clifton K. Oram, et al., Case No. 2:10-CV-01173-DB (D. Utah). This real life example demonstrates how…

South Florida Hedge Fund Fraud, Mismanagement and Misrepresentation Litigation and Arbitration Attorney: Hedge Fund Risk: This post relates to the risks associated with Hedge Fund investing. Please keep in mind that this post is being provided for educational purposes only. It is not designed to be complete in all material respects. Thus, it should not…

NASAA Cautions Investors Mining for Golden Opportunities: WASHINGTON (October 20, 2010) – With gold prices reaching record highs, investors are increasingly turning to gold-related investments. The North American Securities Administrators Association (NASAA) today reminded investors to be cautious about jumping onto the gold bandwagon. “The soaring price of gold has sparked a modern-day gold rush…

North American Securities Administrators Association – 2010 Top 10 Investor Traps: A recent USA today article highlights the fact that investment scams usually increase when there is an economic downturn. The articles refers to The North American Securities Administrators Association’s recently released 2010 list of Top 10 Investor Traps which are as follows: 1. “Exchange…

December 14, 2010: Four men at a now-defunct South Florida precious metal company have been charged with stealing up to $1.3 million from investors who wanted to capitalize on the rising prices of gold and silver. The president of The Bullion Trading Group and three company brokers face mail fraud charges, accused by federal prosecutors…

Seniors Beware: What you Should Know About Life Settlements – South Florida Senior and Elder Financial Abuse Fraud, Misrepresentation and Breach of Fiduciary Duty Litigation and FINRA Arbitration Attorney: Life Settlements: Lately, more and more seniors are hearing about opportunities to sell their existing life insurance for cash in transactions known as life settlements. A…

Preventing Scams on Seniors Act: A recently introduced House bill would require certain financial institutions to help prevent fraud against senior citizens. Called the Preventing Affinity Scams on Seniors Act, HR 6305 targets so-called such schemes, in which a person trusted by an older American uses the relationship to defraud the individual. Under the bill,…

The Securities Act of 1933 and The Securities and Exchange Act of 1934 – South Florida, Fort Lauderdale, Hollywood, Davie, Boynton Beach, Boca Raton, Lake Worth and West Palm Beach, Federal and State Court Litigation and Arbitration Attorney: The Federal Securities Laws: The purpose of this post is to provide the reader with general information…

South Florida, including Dade, Broward, Palm Beach and Martin County, Securities and Investment Broker/Dealer, Investment Advisor and Private Fraud, Mismanagement and Misrepresentation Arbitration and Litigation Attorney What Constitutes a Security: What initially comes to most people’s minds when the word security is mentioned is a stock or bond. Yet, from a legal standpoint, the word…