Bayou Group Hedge Fund Investors Awarded $20.6 Million In FINRA Arbitration Against Prime Broker Goldman Sachs.

A FINRA securities arbitration panel has reportedly awarded $20.6 million to a group of Bayou Hedge Fund Investors in a securities arbitration lawsuit brought against Goldman Sachs alleging that Goldman Sachs should have known Bayou Group founder Samuel Israel III was running a Ponzi scheme because Goldman Sachs, as the prime brokerage service, could see that Bayou’s actual performance indicating massive losses was inconsistent with its offering documents that showed massive gains, according to a Goldman Sachs securities arbitration news report.

If You Lost Money In Any Investment, Retirement or Brokerage Account and Believe Goldman Sachs May Be To Blame For Your Losses, Contact A Securities Arbitration and Investment Fraud Lawyer.

Fill Out The Form On The Right For A Free Attorney Review.

-Report Brokerage Account Losses-

If You Have Thoughts About The Goldman Sachs Securities Arbitration Award, Share Your Goldman Sachs Securities Arbitration Comments Below.

Goldman Sachs Ordered To Pay $20.6 Million Arbitration Award in Securities Arbitration Over Bayou Group Hedge Fund Ponzi Scheme is a post from: YourSecuritiesArbitrationLawyer.com

Wells Fargo Securities Fraud Lawsuit Alleging Breach of Fiduciary Duty and Consumer Fraud Results In $30 Million Award For Wells Fargo Clients.

Four plaintiffs in Minnesota were awarded more than $30 million in damages in a securities fraud lawsuit against Wells Fargo in Ramsey County circuit court in Minnesota alleging that Wells Fargo invested plaintiffs money in risky securities and failed to disclose the diminishing value of their investments, according to a securities lawsuit news report.

The plaintiffs reportedly alleged that Wells Fargo operated a securities lending program whereby it held clients’ securities in custodial accounts and then used those funds to make temporary loans to brokers who then borrowed the securities (by posting collateral worth at least 102 percent of the value of the loaned securities) to make risky trades, such as short sales and option trades involving structured investment vehicles, SIVs, mortgage backed and asset backed securities. The Wells Fargo securities fraud complaint reportedly alleged that Wells Fargo promised to focus on safe, liquid investments, such as money markets.

A jury reportedly found that Wells Fargo breached its fiduciary duty to the plaintiffs and violated the Minnesota Consumer Fraud Act and awarded compensatory damages of $30.1 million, $14.1 million for breach of fiduciary duty claims and $4 million to each plaintiff on the consumer fraud claim.

If You Lost Money In A Wells Fargo Investment, Retirement or Brokerage Account and Believe Wells Fargo May Be To Blame For Your Losses, Contact A Securities & Investment Lawyer.

Fill Out The Form On The Right For A Free Attorney Review.

-Report Wells Fargo Brokerage Account Losses-

If You Have Thoughts About The Wells Fargo Securities Fraud Lawsuit, Share Your Comments Below.

Wells Fargo Ordered To Pay $30 Million In Lawsuit Over Securities Lending Practices is a post from: YourSecuritiesArbitrationLawyer.com

Peak Securities Corporation Customer Awarded $400,000 In Stock Broker Arbitration Against Peak Securities Over Investment In Medical Provider Funding Corp. VI.

A FINRA securities arbitration panel has reportedly awarded an investor $400,000 in a securities arbitration lawsuit brought against Peak Securities Corporation in Orlando, Florida (styled Marilyn Hazell v. Peak Securities Corporation, Case No. 10-01629) alleging breach of contract, breach of fiduciary duty, negligence, and common law fraud against Peak Securities relating  to the purchase of a note offered by Medical Provider Funding Corp. VI in claimants’ brokerage account, according to securities arbitration and stock broker fraud lawsuit news reports.

If You Lost Money In A Peak Securities Investment, Retirement or Brokerage Account and Believe Peak Securities May Be To Blame For Your Losses, Contact A Securities Arbitration Lawyer.

Fill Out The Form On The Right For A Free Attorney Review.

-Report Peak Securities Brokerage Account Losses-

If You Have Thoughts About The Peak Securities Stock Broker Arbitration Award, Share Your Securities Arbitration Comments Below.

Peak Securities Stock Broker Arbitration Award Issued In Securities Arbitration Over Investment In Medical Provider Funding Corp. VI Notes is a post from: YourSecuritiesArbitrationLawyer.com

Wedbush Morgan Securities Customer Awarded $106,800 In Securities Arbitration Over Option Trading In Apple, Jetblue Airways, Boeing, Intel, Amazon Com, and PHLX Gold & Silver.

A FINRA securities arbitration panel issued an award in a securities arbitration brought against Wedbush Morgan Securities, Inc. in Baltimore, Maryland (styled Nakano v. Wedbush Morgan Securities, Inc., Case No. 09-03657) alleging that Wedbush Morgan Securities engaged in misrepresentation, breach of fiduciary duty, unauthorized trading, churning, manipulation, gross negligence and failure to supervise in connection with option trading in the customer’s account in Apple, Jetblue Airways, Boeing, Intel, Amazon Com, and PHLX Gold & Silver.

The Wedbush Morgan securities arbitration award reportedly provides, among other things, that Wedbush Morgan Securities pay the investor claimant $106,800 in compensatory damages.

If You Lost Money In A Wedbush Morgan Securities Investment, Retirement or Brokerage Account and Believe Wedbush Morgan Securities May Be To Blame For Your Losses, Contact A Securities Arbitration Lawyer.

Fill Out The Form On The Right For A Free Attorney Review.

-Report & Recover Wedbush Morgan Brokerage Account Losses-

If You Have Thoughts About The Wedbush Morgan Securities Arbitration Award, Share Your Securities Arbitration Comments Below.

Wedbush Morgan Securities Arbitration Award is a post from: YourSecuritiesArbitrationLawyer.com

Morgan Keegan Customer Awarded $50,000 In Securities Arbitration Over Investments In RMK Strategic Income Fund, RMK Select High Income Fund & RMK Advantage Income Fund.

A FINRA securities arbitration panel issued an award in a securities arbitration brought against Morgan Keegan & Company, Inc. in Nashville, Tennessee (styled Scruggs v. Morgan Keegan & Company, Inc., Case No. 08-03012) alleging that Morgan Keegan engaged in misrepresentations and omissions, breach of  fiduciary duty, unsuitability, negligence, failure to supervise, breach of contract, vicarious liability and violation of FINRA rules in connection with the customer’s investments in RMK Strategic Income Fund, RMK Select High Income Fund and RMK Advantage Income Fund.  The Morgan Keegan securities arbitration award reportedly provides, among other things, that Morgan Keegan pay the investor claimant $50,000 in compensatory damages.

If You Lost Money In A Morgan Keegan Investment, Retirement or Brokerage Account and Believe Morgan Keegan May Be To Blame For Your Losses, Contact A Securities Arbitration Lawyer.

Fill Out The Form On The Right For A Free Attorney Review.

-Report & Recover Morgan Keegan Brokerage Account Losses-

If You Have Thoughts About The Morgan Keegan Securities Arbitration Award, Share Your Securities Arbitration Comments Below.

Morgan Keegan Securities Arbitration Award is a post from: YourSecuritiesArbitrationLawyer.com

Ameriprise Financial Services Customer Awarded $466,000 In Securities Arbitration Alleging Ameriprise Broker Recommended Unsuitable Annuities in Client’s Fixed Income Account.

A FINRA arbitration panel issued an award in a securities arbitration brought against Ameriprise Financial Services and David Tysk, a broker in Ameriprise Financial Services’s Bloomington, Minnesota branch, alleging that Ameriprise Financial Services and Tysk recommended and bought, in an Ameriprise customer’s fixed-income account, $2 million worth of unsuitable annuities, with surrender fees, that generated income that was taxed at a rate almost double that of other investment choices, according to a securities arbitration award news report.

The securities arbitration award reportedly provides, among other things, that Ameriprise Financial Services and David Tysk must jointly pay the investor claimant $466,000, which includes legal fees and sanctions.

If You Lost Money In An Ameriprise Financial Services Investment, Retirement or Brokerage Account and Believe Ameriprise May Be To Blame For Your Losses, Contact A Securities Arbitration Lawyer & Stock Broker Fraud Attorney.

Fill Out The Form On The Right For A Free Attorney Review.

-Report & Recover Ameriprise Brokerage Account Losses-

If You Have Thoughts About The Ameriprise Financial Services Securities Arbitration Award, Share Your Securities Arbitration Comments Below.

Ameriprise Financial Services Securities Arbitration Award Issued Against Stock Brokerage Firm and Stock Broker is a post from: YourSecuritiesArbitrationLawyer.com

Securities Arbitration Panel Issues An Award Against Brokerage Firm Hornor, Townsend & Kent Inc. For $522,000 Over Broker Employee’s Alleged “Selling Away” Ponzi Scheme

A securities arbitration panel in Kansas has reportedly issued a securities arbitration award against Hornor, Townsend & Kent Inc. in the amount of $522,000 to investor claimant Robin Visocsky in an alleged selling away (i.e., the broker leads customers to products or schemes that are not offered through the brokerage firm) Ponzi Scheme run by her broker, Benjamin D. Williams with Hornor, Townsend & Kent Inc., that purportedly had taken in $7.3 million from victims, according to a securities arbitration news report.

If You Lost Money In A Hornor, Townsend & Kent Brokerage Account and Believe Your Hornor, Townsend & Kent Inc. Stock Broker, Financial Advisor or Investment Consultant Is To Blame, Contact A Securities Arbitration Lawyer.

If You Have Thoughts On The Hornor, Townsend & Kent Securities Arbitration Award, Share Your Securities Arbitration Comments With The Public Below.

Hornor, Townsend & Kent Inc. Securities Arbitration Panel Awards More Than Half-Million Dollars To Investor In Alleged Broker Fraud Scheme is a post from: YourSecuritiesArbitrationLawyer.com

Securities Arbitration Claim Filed Against Wedbush Morgan Securities On Behalf Of Retired Investor Over Investment In Community Bank Stocks, Such As Pacific Capital Bancorp Stock

A securities arbitration claim was filed against Wedbush Morgan Securities, Inc. (“Wedbush Morgan”) with the Financial Industry Regulatory Authority (“FINRA”), Case No. 10-01700, on behalf of a retired investor (the “claimant”) whose retirement portfolio reportedly declined more than $2.5 million dollars, alleging that Wedbush Morgan, a market marker for over 500 community bank stocks, including  Pacific Capital Bancorp, failed to recommend suitable investment strategies and give full disclosure of all material information regarding the risk associated with a concentrated investment, according to a securities arbitration press release.

If You Lost Money In A Wedbush Morgan Securities Brokerage Account and Believe Your Wedbush Morgan Securities Stock Broker, Financial Advisor or Investment Consultant Is To Blame, Contact A Securities Arbitration Lawyer.

If You Have Thoughts On The Wedbush Morgan Securities, Inc. Community Bank Stocks Securities Arbitration Claim, Share Your Securities Arbitration Comments With The Public Below.

Wedbush Morgan Securities Arbitration Claim Filed Over Pacific Capital Bancorp Stock is a post from: YourSecuritiesArbitrationLawyer.com