Free Consultation:
(800) 382-7969
On November 26, 2018, in an editorial in the New York Times (“When Blue Chip Companies Pile on Debt, it’s Time to Worry”), it was noted that “fueled by cheap credit, American corporations have been gorging on acquisitions.” This raises important questions about the future of Corporate Debt. The increasing reliance on borrowed capital reflects […]
William Galvin, the Massachusetts secretary of state, has initiated a comprehensive probe into the activities of multiple broker-dealer firms who sold private placements sponsored by GPB Capital Holdings. This investigation comes in light of recently published news reports indicating potential malpractices. The Massachusetts Securities Division has reportedly received credible information regarding questionable sales practices from […]
The Wall Street Journal, on September 12, 2018 (“FANG Stock Play Can Fall Short”), noted that investors looking to reap the gains of highflying technology stocks while avoiding risk – through the purchase of “auto-callable” structured note products – are finding they can’t do both. These notes have gained popularity among various investor profiles, from […]
Laverty was named a respondent in a FINRA complaint alleging that that during consecutive associations with several member firms, he borrowed $1,350,000 from an elderly married couple in violation of each firm’s policies. The complaint alleges that three of the firms prohibited their representatives from borrowing money from their customers. Although a firm permitted loans […]
Bakhtiari & Harrison continues its thorough investigation into the sales practices of Mark Heiden, a broker with Wedbush, particularly scrutinizing his management of client accounts and the significant overconcentration of investments in energy-related stocks, including those recommended by Wedbush. The specific investments under review include: Energy XXI Bermuda Ltd. Clearbridge American Energy MLP Goldman Sachs […]