Securities America - Medical Capital Holdings, Inc. - Intentional Failure to Disclose Material Facts Category Archives — South Florida Arbitration & Litigation Lawyer Blog Published by South Florida Arbitration & Litigation Attorney

No-Load Mutual Fund – South Florida Mutual Fund Breach of Fiduciary Duty, Negligence and Breach of Contract FINRA Arbitration and Litigation Attorney:

A “No-Load” fund is a mutual fund offered by an open-end investment company that imposes on sales charge (load) on its shareholders. Investors buy shares in no-load funds directly from the fund companies, rather than through a broker, as is done in load funds. Many no-load fund families allow switching of assets between stock, bond, and money market funds. The net asset value, market price, and offer prices of this type of mutual fund are exactly the same, since there is no sales charge.

Please keep in mind that the above information is being provided for educational purposes only. It is not designed to be complete in all material respects. Thus, it should not be relied upon as legal or investment advice. If the reader has any questions concerning the contents of this post, you should contact a qualified professional.

In reading the following post, it is important to bear in mind that Securities America Inc. only acted as the placement agent for approximately 37% of the total notes issued by Medical Capital Holdings, Inc. (MedCap.). Consequently, if you have lost money as a result of your investment therein through another broker/dealer, don’t lose hope. Many of the standards that Securities America were subject to and certain basic facts also apply to these other broker/dealers.

The Securities America and MedCap saga began in August of 2009 when the Securities and Exchange Commission filed an action against MedCap and various affiliates in the action styled:

SECURITIES AND EXCHANGE COMMISSION V. MEDICAL CAPITAL HOLDINGS, INC.; MEDICAL CAPITAL CORPORATION; MEDICAL PROVIDER FUNDING CORPORATION VI; SIDNEY M. FIELD; and JOSEPH J. LAMPARIELLO, Civil Action No. SA CV09-818 DOC(RNBx) (C.D. Cal.)

Articles Posted in Securities America – Medical Capital Holdings, Inc. – Intentional Failure to Disclose Material Facts

No-Load Fund – Florida Mutual Fund Misrepresentation and Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney

Securities America and Other Broker/Dealers (Placement Agents)