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Rex Securities Law-BLOG

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

Worst Performing Stocks for 2012–Forbes List

Worst Performing Stocks for 2012–Forbes List 150 150 Robert H. Rex

According to Forbes, these stocks were the worst performing during 2012: Stock                                              Performance Navistar International       NAV     -45%           Best Buy                           BBY        -47%JC Penney                         JCP       -48%AK Steel Holding              AKS     …

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Overconcentration Can Be a Problem When Investing

Overconcentration Can Be a Problem When Investing 150 150 Rex Securities Law

MORE BASKETS NEEDEDPutting all your eggs in one basket is a bad idea according to one age old idiom, since to do so means risking everything should the basket be…

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Ellen Erenstein -Former Workman Securities Broker-Discloses Numerous Customer Disputes-Boynton Beach, FL

Ellen Erenstein -Former Workman Securities Broker-Discloses Numerous Customer Disputes-Boynton Beach, FL 150 150 Rex Securities Law

May 2017-Boynton Beach, FL According to FINRA records, on August 17, 2012, Ellen J. Erenstein submitted a Letter of Acceptance, Waiver and Consent in which she was barred permanently from association…

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Non-Traded REITs Continue to Decline in Value

Non-Traded REITs Continue to Decline in Value 150 150 Rex Securities Law

Non-traded REITs (Real Estate Investment Trusts) do not trade on any national exchange and therefore have no market in which a share price can be established. Most were sold initially…

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FINRA Levies $770K Fine-Failure to Deliver Prospectus

FINRA Levies $770K Fine-Failure to Deliver Prospectus 150 150 Rex Securities Law

The Financial Industry Regulatory Authority (FINRA) recently assessed fines of $770,000 to the following five firms for failing to deliver prospectuses to purchasers of securities: LPL Financial LLC – $400,000State…

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Former Dawson James Broker Jason Knapp Arrested for Ponzi Scheme

Former Dawson James Broker Jason Knapp Arrested for Ponzi Scheme 150 150 Rex Securities Law

The PostStar.com reported on December 20, 2012, that Jason T. Knapp, age 29,  of Corinth, New York, has been arrested in connection with a nationwide Ponzi scheme, which at the…

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Broker Makes Trades for Deceased Client-Fined & Suspended

Broker Makes Trades for Deceased Client-Fined & Suspended 150 150 Rex Securities Law

FINRA maintains  a  website  where the public can gain access to the employment, regulatory, licensing and disciplinary history of all registered stock brokers. We suggest that you review the information…

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TIMBER! Wells Timberland REIT Value Plummets

TIMBER! Wells Timberland REIT Value Plummets 150 150 Rex Securities Law

Following in the footsteps of many other non traded real estate investment trusts, on December 14, 2012, the board of directors of Wells Timberland REIT lowered the estimated value to…

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FINRA Hits J.J.B. Hilliard, W.L. Lyons, LLC with $184K Award

FINRA Hits J.J.B. Hilliard, W.L. Lyons, LLC with $184K Award 150 150 Rex Securities Law

An arbitration panel in Columbus, Ohio, of the Financial Regulatory Authority (FINRA) ruled in November 2012, that J.J.B. Hilliard, W.L. Lyons LLC (Hilliard) must pay an investor over $184,000 in…

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