Fraud is rampant in the securities industry. Given the amount of money in play in this realm, the stakes can be high, and those who are taken advantage of can suffer enormous losses. As heartbreaking as that can be, those who have been hurt by fraud should take comfort in knowing that legal options may […]
When parties have a dispute over securities, going to court is not always the first option to take. Many parties in New York choose to attempt to resolve their differences through alternative dispute resolution methods including mediation and arbitration. SEC Rule 12 allows for arbitration of disputes arising from the securities of business of the […]
Investing and managing finances is no longer limited to people of significant wealth, large businesses and those who are experienced in the ins and outs of the markets. There are benefits to this as people who were previously left to rely on others for advice and guidance can learn on their own and make decisions […]
The SEC recently announced that it has obtained emergency relief, including an asset freeze, in an ongoing fraud case against New York developer Richard Xia (Yi Xia) and his company, Fleet New York Metropolitan Regional Center, LLC. According to a complaint filed in a Brooklyn federal court, the SEC is claiming that Xia violated the […]
Victims of securities fraud should be familiar with the different types of securities fraud that may be actionable and the different types of securities fraud litigation and claims. They can use those resources to protect themselves from further harm when they have been harmed by securities fraud. Breach of fiduciary duty When an investment broker […]
Investing is a risky business, but a lot of people do their best to minimize their risk by doing their research and diversifying their portfolios. Yet, even these maneuvers may not be enough to keep your investment safe. Sure, the stock market can be volatile from time to time, but your investment might also be […]
Making investments is considered a smart and tactful step, as it could help one to improve their finances. Nonetheless, it can be a tricky game, as the market is always changing and bad investments can happen. Any rational investor understands that markets do not always go up and if you do decide to invest in […]
There are different types of securities litigation claims that investors may be able to make when inappropriate or illegal actions beyond market factors result in securities losses. It is helpful for investors to be familiar with securities litigation basics so they can spot when something has gone wrong and know what to do if they […]
There’s a lot of misinformation in the world today. Even though most of us have our guard up and think that we can make fully informed decisions that support our best interests, the truth of the matter is that there are some pretty slick and sleazy investment firms out their that want nothing more than […]
With any type of investment, there is usually an opportunity for losses. Most New York investors understand this and take careful precautions to minimize potentially significant losses. However, those losses can sometimes be attributed to things outside of the nature of investing. For people who have suffered financial losses because of another person’s wrongful actions, […]