Articles Posted in Securities Litigation

General Partner – Florida Mismanagement, Breach of Fiduciary Duty or Breach of Contract – Commercial and Business Litigation and Arbitration Attorney: General Partner: 1. One of two or more partners who are jointly and severally responsible for the debts of the partnership. 2. Managing partner of a “Limited Partnership,” who is responsible for the operations…

Florida Certified Public Accountant (CPA) or Public Accountant Negligence and Breach of Contract State and Federal Court Litigation Attorney: An audit is a professional examination and verification of a company’s accounting documents and supporting data for the purpose of rendering an opinion as to their fairness, consistency, and conformity with generally accepted accounting principles. An…

South Florida Commercial Property Dispute State and Federal Court and American Arbitration Association (AAA) Arbitration Attorney: The phrase “Commercial Real Estate” includes income-producing property, such as office buildings, factories, warehouses, industrial parks, hotels, shopping centers and restaurants. Commercial property must usually be zoned for business purposes. It is possible to invest in commercial property directly,…

Commercial Paper – South Florida Business and Commercial Litigation and AAA (American Arbitration Association) Arbitration Attorney: “Commercial Paper” is usually a short-term obligation with maturities ranging from 2 to 270 days issued by banks, corporations, and other borrowers to investors with temporarily idle cash. Such instruments are unsecured and usually discounted, although some are interest-bearing.…

South Florida Senior, Elder and Retirement Financial Abuse and Exploitation FINRA Arbitration, Litigation and Probate Estate Attorney: Should you risk your home to invest in stocks, bonds, mutual funds or other investments? In our opinion, the answer is no. Over the years, in our representing investors, those individuals that have been impacted the most by…

Investment Scams – South Florida Securities and Investment Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney: When it comes to making an intelligent investment decision, nothing is fool- proof. However, there are some basic sales tactics that should turn your “red light” on. Some of the most common include: The “Phantom Riches” Tactic: Here the salesperson…

South Florida Variable and Fixed Annuity Fraud, Misrepresentation, Breach of Fiduciary Duty and Twisting FINRA Arbitration and Litigation Attorney: We recently were presented with the following factual situation. A single 82 year old, long retired woman received a “cold call” from a mortgage broker, who, after repeated telephone calls and visits to the woman’s home,…

South Florida Elder Abuse and Investment Fraud and Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney: As an investor or as someone contemplating investing, you should be aware that certain types of conduct in the securities industry are prohibited by statute, rules or regulations. The following list highlights some of the most common prohibited…

South Florida Promissory Note Fraud, Misrepresentation, Unregistered Sale of Securities and Unsuitable Investment FINRA Arbitration and Litigation Attorney: A Brief Description of a Promissory Note and How the Scam Works: An investment scam that has been gaining in popularity among fraudsters is the sale of promissory notes, especially to seniors. Unlike many investments today, promissory…

South Florida Elder and Senior Financial Abuse and Breach of Fiduciary Duty Litigation FINRA Arbitration and Litigation Attorney: The North American Securities Administrators Association, Inc. (NASAA) has issued a post that sets forth 10 general tips to help you protect your nest egg. I have modified this list somewhat based upon issues that I have…