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Rex Securities Law-BLOG

Nationwide representation of victims of stockbroker fraud and the malpractice of investment professionals.

Former David Lerner Officer Leaves to Start New Firm

Former David Lerner Officer Leaves to Start New Firm 150 150 Rex Securities Law

March 21, 2012 The former chief compliance officer of David Lerner Associates, Inc. has formed a new firm, Cabot Lodge Securities, and has opened three offices in New York City and is opening…

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Securities Regulator Bars Tyler, Texas, Broker for Selling Exchange Traded Funds (ETFs)

Securities Regulator Bars Tyler, Texas, Broker for Selling Exchange Traded Funds (ETFs) 150 150 Rex Securities Law

March 21, 2012 We have warned investors in the past to be wary when buying ETF’s (Exchange Traded Funds). This is because many contain risks that are not apparent and not always explained…

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Investor Recovery Options for Oppenheimer Global Resource Private Equity Fund LP. Losses

Investor Recovery Options for Oppenheimer Global Resource Private Equity Fund LP. Losses 150 150 Robert H. Rex

March 21, 2012 Have you or your loved ones invested in Oppenheimer Global Resource Private Equity Fund LP ? According to the Wall Street Journal and other business press, the U.S.…

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Securities Regulator Fines Citifgroup $1.2M for Charging Excessive Markup/Downs on Bond Transactions

Securities Regulator Fines Citifgroup $1.2M for Charging Excessive Markup/Downs on Bond Transactions 150 150 Rex Securities Law

March 20, 2012 Today FINRA ( The Financial Regulatory Authority) fined Citi International Financial Services LLC, a subsidiary of Citigroup, Inc. $600,000 and ordered restitution to 3,600 customers totaling $648,000 for charging excessive…

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SEC Issues Investor Bulletin on Municipal Bonds

SEC Issues Investor Bulletin on Municipal Bonds 150 150 Rex Securities Law

On March 19, 2012, the Securities & Exchange Commission issued an Investor Bulletin to help educate investors on Municipal Bonds. Municipal bonds (muni’s) are debt securities issued by governmental agencies…

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Stockbroker Jailed for Selling Annuity to 83 Year Old Woman

Stockbroker Jailed for Selling Annuity to 83 Year Old Woman 150 150 Rex Securities Law

The Wall Street Journal reports that California’s insurance commissioner had independent insurance agent Glenn Neasham arrested for selling a complex annuity to an 83 year old woman. The jury in Lake County,…

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FINRA Issues March 2012 Disciplinary Actions

FINRA Issues March 2012 Disciplinary Actions 150 150 Rex Securities Law

FINRA (The Financial Industry Regulatory Authority) issues disciplinary and other actions monthly against member firms and individual stock brokers for violations of FINRA rules, federal securities laws, rules and regulations…

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Rex Securities Law Investigates Recovery of Puda Coal Losses

Rex Securities Law Investigates Recovery of Puda Coal Losses 150 150 Rex Securities Law

Have you or your loved ones suffered losses as a result of purchasing Puda Coal? In late February 2012, the Securities & Exchange Commission charged two China-based executives with defrauding…

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Lehman Note Investors-Stilll Time For Investors Suffering Losses to Make Claim

Lehman Note Investors-Stilll Time For Investors Suffering Losses to Make Claim 150 150 Rex Securities Law

Lehman Brothers has emerged from bankruptcy and is scheduled to begin making distributions in April 2012 to its creditors, which include investors in the Lehman Brothers 100% Principal Protected, Partial Protection, Step Up…

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