Investment fraud generally, and hedge fund fraud specifically, can be devastating for investors. Investors who have staked their retirement or life savings on a hedge fund, for example, can unexpectedly face having the rug pulled out from under them if they are...
Three common types of securities fraud
Securities fraud affects many New Yorkers every year, sometimes leading to the loss of thousands or even millions of dollars. In general, securities fraud involves deceiving investors or manipulating financial markets. The following is an overview of three common...
Game-style investing app makers accused of violating law
The legendary character Robin Hood famously robbed from the rich to give to the poor in medieval England. In the 21st century, a popular investment company calling itself Robinhood has been accused of taking advantage of the poor and lying to its customers. Robinhood...
We hold those who commit fraud or misconduct accountable
Having a strong investment portfolio is important to many people here in the Northport area. However, there is a possibility that private investors can fall victim to fraud or misrepresentation on the part of their trusted broker or investment advisor. Fraud and other...
Understanding disclosure statements in investment research reports
Disclosure statements are often found at the end of investment research reports, often in tiny print that’s easy to miss. It’s easy to overlook this information. However, a disclosure statement can contain crucial information that can help guide your investment...
Dr. Cash charged with securities fraud
Recently filed criminal charges reinforce the notion that investors ask pertinent questions before investing and scrutinize the broker and representations regarding an investment. In this recent case, the U.S. Attorney’s Office for the Southern District of New York...
What is securities fraud?
Being the victim of securities fraud can be devastating on many levels. Securities fraud, and the harm it causes, can be extensive for victims and their families financially and emotionally. As a result, victims of securities fraud should be familiar with what...
Fraud and exaggeration in the tech startup space
Bravado is inherent to the tech startup culture. Entrepreneurs are, after all, trying to sell you something. Nobody wants to invest in a company founder who promises to restrict their thinking to inside the box while ensuring the envelope remains intact. Outright...
Financial adviser arrested for allegations of securities fraud
Every day in New York and throughout the United States and its territories, people place their trust in financial advisers. They do so in the hopes that their investments will provide them profit and security. While many people in the financial industry do their jobs...
CBS shareholders requests class certification from judge
Shareholders for CBS requested a federal judge in New York to provide a class-action certification in a 2018 lawsuit filed against the broadcasting company's CEO, Les Moonves. The lawsuit alleges securities fraud based on the assertion that the company duped investors...