The Cleveland Plain Dealer’s award-winning business reporter and columnist, Teresa Dixon Murray, has written a timely article prominently featuring extensive comments from one of our team members, the inimitable Hugh Berkson. The article, which links to our Stockmarketloss.com website, reminds investors to be particularly watchful for fraud and scam investments when the financial markets and many brokerage accounts are on the rise. Hugh gives some valuable tips to help you avoid becoming a victim.
You can find the article here: With the stock market doing so well, now is the time to watch out for fraud and scam investments
It may seem counter-intuitive to say that good times call for extra vigilance and skepticism. But in a rising market, improper or fraudulent investment opportunities can perform impressively and thus be hard to spot. The analogy we sometimes use is that a shoreline often will look pristine and beautiful when the tide is in and the water is high, but submerged junk will show itself when the tide goes out again. Read this article and you’ll see what we mean.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA. Hugh is rated AV® Preeminent™ by Martindale-Hubbell®.
He obtained a business degree in Finance from the University of Texas at Austin in 1989, and is a 1994 graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award, (National Mock Trial) in 1993 and the Jonathan M. Ault Mock Trial Prize for 1993-1994.