Category: Investment Fraud

ATTORNEY NEWSLETTER FINRA Reports Surge In Financial Elder Abuse Claims Unsuitable Products, Breach of Contract, Negligent Advice and More Investors harmed by broker or advisor recommendations can file complaints about the misconduct with the Financial Industry Regulatory Authority (FINRA). FINRA has the power to levy fines and disciplinary sanctions.  The […]

ATTORNEY NEWSLETTER Be On The Lookout for These Types of Securites Fraud Thousands of California investors are victims of investment or securities fraud every year. Federal and State securities laws provide remedies for defrauded investors but it’s wise to do your homework first so you don’t get caught in a […]

ATTORNEY NEWSLETTER Beware of Pump and Dump Schemes With Microcap Stocks Our securities fraud lawyers have written before in this column about pump and dump schemes and penny stocks. In a pump and dump, fraudsters artificially run up share prices (pump) and then dump the shares on the market down […]

ATTORNEY NEWSLETTER High-Risk Private Placements Private placements are securities offerings that are not registered with the Securities and Exchange Commission (SEC). Companies raise billions of dollars through private placements, especially small or start-up companies. Investing in private placements is risky and can tie up your money for a long time; […]

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Always Check Backgrounds Before You Buy Hopefully, you already check the backgrounds of any contractors or caregivers or others you let in your home to do work. Checking the background of anyone trying to sell you an investment is equally important!  The Securities […]

ATTORNEY NEWSLETTER Watch Out for Stockbroker Fraud If You’re a Victim, We Can Help Unscrupulous stockbrokers prey on seniors in particular. After all, seniors hold 1/3 of the nation’s wealth. And stockbrokers are looking for commissions; they don’t earn much if seniors clip coupons off municipal bonds.  Some brokers will […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Offers Rewards There’s a lot of hype these days about money to be made in trading virtual currencies and digital tokens like Bitcoin  Be careful with these investments.  Do not purchase digital coins or tokens based on social media tips […]

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Always review your brokerage statements and trade confirmations carefully! That advice may sound obvious but the securities fraud lawyers at Evans Law Firm, Inc. want to underscore that important reminder.  Statements help you stay on top of your investments but also provide valuable […]

ATTORNEY NEWSLETTER Liability for Misinformation A classic type of securities fraud is when advisors/sellers lure investors into transactions with fraudulent statements or misinformation. When the advisor is the author of the fraudulent statement, liability is clear.  When the advisor merely passes along a fraudulent statement made by another, liability is […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Whistleblower Program Futures and derivatives trading played a major part in this country’s financial crisis of 2008. Some of that trading was based on misrepresentations and fraud.  The Commodity Futures Trading Commission (CFTC) oversees futures, options, currency and derivatives trading in the United States […]