Free Consultation:
(800) 382-7969
Seattle Times
Irate investors who have been burned by their brokers or the market are out for revenge. Across the nation, legal filings against stockbrokers are at unprecedented levels, said the National Association of Securities Dealers, which regulates brokers. Securities attorneys say they’re being bombarded with legitimate cases and with calls from people who have lost lots […]
Newsday
Merrill Lynch & Co. is appealing a $7.7 million arbitration award that securities lawyers say could foreshadow a tidal wave of trouble for the nation’s large full-service brokerages. A private arbitration panel made the award last month to a Pittsburgh couple who claimed Merrill didn’t properly advise them on how to handle a large investment […]
USA Today
Plenty of investors are upset with their stockbrokers, but they are also losing faith that Wall Street’s watchdog group will help them. Consider this: Investor arbitration claims against brokers jumped 24% last year. But, at the same time, investor complaints to that watchdog group, the National Association of Securities Dealers (NASD), fell 22%. That may […]
PR Newswire
The Public Investors Arbitration Bar Association (PIABA), a nationwide bar organization of attorneys dedicated to the representation of individual investors in disputes with the securities industry, today announced its support for the Pension Protection and Diversification Act of 2001. The danger of over concentrating employee 401(k) plan assets in the stock of the employee’s company […]
Money Magazine
WHEN OVERZEALOUS BROKERS MET NEWLY MINTED INVESTORS IN THE LONG BULL MARKET, FORTUNES WERE MADE AND LOST IN AN INSTANT. NOW EVERYONE’S POINTING FINGERS OVER THE MISSING MONEY. Since stocks peaked in March of last year, investors in the U.S. market have lost $4 trillion in paper wealth. That’s an awful lot of money, and […]