Posts tagged Stock Broker Fraud

• Shareholders Face Uphill Battle in Recovery of Losses From Securities Fraud

  Jack Landskroner | June 27, 2007 9:51 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  This week the United States Supreme Court issued an opinion which affirms the heightened standards that shareholders must meet in order to prove securities fraud against a publicly held corporation or its officers in the sale of its securities. Investors that want to sue companies like Enron, Worldcom, Tyco and others who have left investors high and dry after making false and misleading...

• Insider Trading Case Moves Forward Against CEO

  Jack Landskroner | March 17, 2007 5:04 PM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  The Insider trading trial against Quest's Communication's CEO is moving forward. The CEO of a corporation is privy to information that the general investing public and even investment brokers are not provided. For any insider, including the CEO, CFO or other officer or director, it is considered a criminal act to take advantage of non public information. To allow such conduct would permit...

• Don't Wait Too Long....Time Lines for Filing Suit

  Rebecca Castell | March 12, 2007 5:32 PM | 0 CommentsCleveland, OH Category: Medical Malpractice
  

  There is a clock ticking from the date you are injured....and it only hurts the victim. In Ohio, and every state, there is a "statute of limitations" which governs the amount of time which a victim has to file a complaint against the individual/s or company which caused him or her harm. This time period typically begins when the individual is injured, for example, when the car accident...

• Stock Fraud Victims Compensated

  Justin Madden | March 08, 2007 9:41 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  The State of Ohio settled a stock fraud case for $144 million, due in part to a new, courageous State Attorney General, who hung tough during negotiations.Individual investors who feel they have suffered losses in their investments due to excessive fees or stock broker malpractice or fraud should always investigate the concern, and might be wise to hire an attorney.

• Ohio Pension Funds Settle $175 Million Securities Fraud Case with AOL / Time Warner

  Jack Landskroner | March 08, 2007 8:24 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  The Ohio Attorney General Marc Dann announced a settlement reached between Time Warner and a number of Ohio pension funds in the amount of $175 Million for claims arising from the losses suffered by these Ohio funds after the AOL Time Warner merger in 2001. The lawsuit alleged securities fraud and claimed that AOL inflated its stock price before the deal by misrepresenting sales, revenue and...

• Retirees Should Be on Guard for Stock Broker Fraud

  Jack Landskroner | February 25, 2007 10:06 AM | 1 CommentCleveland, OH Category: Miscellaneous
  

  The majority of Americans who invest in the markets do so by means of their retirement and pension plans; that is, 401K and defined benefit plans put into place by generous employers for the benefit of their employees. When employees retire and move on they often are faced with decisions about what to do with their money. This is a time when an investor must be on guard for stock broker fraud...