Wall Street Investment Fraud Lawyer Blog

According to the Securities and Exchange Commission (SEC), a father-son investment team has been charged with securities fraud for their role in an extensive hedge fund fraud. It is alleged by the SEC that these men, Neil V. Moody and his son, Christopher Moody, both investment advisers in Sarasota, Florida, mislead investors concerning the financial condition of…

According to the New York Times, U.S. Attorney General Eric Holder has announced that a new inter-agency task force has been created to address and “(halt) fraud involving mortgages, securities, economic stimulus programs and government bailouts.” In a speech to a civic group in West Palm Beach, Florida, Attorney General Holder had a message for those…

With all of the talk these days about the need to find alternative energy sources, there is a real demand for “Green” energy. There are a lot of legitimate entrepreneurs out there looking for investors to put up money to fund new energy-saving environmentally-friendly ideas. With every legitimate entrepreneur however, comes a hundred scam artists…

Our office often receives calls from individuals regarding employment discrimination and we thought it may help our blog readers if we outlined several federal laws which prohibit job discrimination. As you will see, these laws are meant to protect individuals from discrimination in the workplace, whether it be in the private realm or within the…

According to the United States Equal Employment Opportunity Commission (EEOC), Sears, Roebuck and Co. (Sears) has agreed to settle a class lawsuit for the sum of $6.2 million and other remedial relief. It was alleged by the EEOC that “Sears maintained an inflexible workers’ compensation leave exhaustion policy and terminated employees instead of providing them with…

The Securities and Exchange Commission (SEC) has charged Frank Bluestein, of Detroit, Michigan, with fraud, alleging that he scammed many elderly investors into investing into a $250 million ponzi scheme. It is claimed by the SEC that Bluestein focused his efforts on elderly investors, costing many of them their retirement and even their homes. Bluestein…

According to WRAL.com, AARP along with the North Carolina Secretary of State Elaine Marsall and Financial Industrial Regulator Authority Foundation President John Gannon are joining forces in an effort to protect elderly investors from investment fraud. They have begun a statewide campaign to educate investors and assist them in avoiding investment scams. This type of education…

According to the Courthouse News Service, the Securities and Exchange Commission (SEC) has fined Regions Bank $1 million for its role in an investment scam. SEC claims that Regions Bank’s participation with an investment scam raised $255 million of funds through “exorbitant, undisclosed commissions and fees” from 14,000 investors. These investors were mostly from Latin America.…

According to The Daily Breeze, church members of Hope Chapel Christian Church, which is located in Hermosa Beach, California, are suing a former pastor, alleging that he has scammed them out of thousands of dollars. The church members have also sued the church, alleging that they were discouraged from filing a lawsuit, having been told it…

The Securities and Exchange Commission (SEC) has charged a North Carolina couple with an investment scheme that allegedly scammed approximately 500 investors out of $32.5 million dollars. It is alleged that Sidney Hanson and his wife Charlotte Hanson promised extraordinarily high returns to investors that they met at church gatherings and in other face-to-face meetings. These investors…