The Financial Industry Regulatory Authority (FINRA) maintains BrokerCheck, an online database that enables anyone to quickly obtain a summary background report about virtually any stockbroker. This search tool is easy to use and its reports are generated free of charge, yet most people still select brokers without running their names through BrokerCheck. That’s a big …
When you lose a lot of money in an investment account, you may wonder whether your financial advisor was to blame. A definitive answer usually requires a careful review of account records by someone who knows what to look for. But it’s not difficult to figure out whether the circumstances of your loss warrant suspicion …
The Stockmarketloss.com group is investigating potential individual and group claims concerning mortgage-backed securities sold by Bear Stearns and/or EMC Mortgage, including the following: Bear Stearns Alt-A Trust Bear Stearns Asset Backed Securities I Trust Bear Stearns Asset Backed Securities Trust Bear Stearns Mortgage Funding Trust Bear Stearns Second Lien Trust SACO I Trust Structured Asset …
We get our fair share of calls from individuals whose parents were swindled or manipulated by financial advisors, but usually, by the time the kids get involved a lot of damage already has occurred. The children have stepped in due to some crisis: their parent has died or gone into managed care or is suffering …
There is a growing wave of recent lawsuits and investigations involving Residential Mortgage-Backed Securities (“RMBS”). It’s not too late for you to recover your losses in these investments, but your window is beginning to close. For those who don’t know, an RMBS is a type of asset-backed security that consists of large numbers of residential debt …
We’re currently representing a charitable foundation that pays JP Morgan Chase Bank a percentage of assets under management to serve as its discretionary portfolio manager. By “discretionary,” we mean that JP Morgan gets to decide what will be bought and sold, without needing prior approval for each transaction. Despite having a fiduciary duty to avoid …
