fbpx

texas securities fraud lawyer

David Lerner Fined $2.3 Million by FINRA

David Lerner Fined $2.3 Million by FINRA 150 150 Rex Securities Law

  FINRA fined David Lerner Associates, the New York based brokerage firm recently in the headlines for the sale of the Apple REITs, $2.3 million. FINRA’s ruling, which can be…

read more

Losses on Real Estate Investment Trusts? Recovery Options for Investors

Losses on Real Estate Investment Trusts? Recovery Options for Investors 150 150 Rex Securities Law

Non-traded real estate investment trusts  (REITs) were sold to many with the promise of steady distributions of income and the understanding that the investment could be sold in the near…

read more

TVIX Plummets 60%-Securities & Exchange Commission Investigating

TVIX Plummets 60%-Securities & Exchange Commission Investigating 150 150 Rex Securities Law

March 29, 2012 According to the Wall Street Journal, the SEC is looking into VelocityShares 2x long VIX Short Term Exchange traded note ( TVIX ),  managed by Credit Suisse Group AG. TVIX had about…

read more

Recovery Options for Investors with Losses in Cornerstone Core Properties REIT, Inc.

Recovery Options for Investors with Losses in Cornerstone Core Properties REIT, Inc. 150 150 Rex Securities Law

March 28, 2012 According to the Investment News, investors in Cornerstone Core Properties REIT were told in March 2012 that shares had plunged 72% in value, from $8 to $2.25. This reduction in…

read more

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…

read more

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,…

read more

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…

read more

Securities Regulators Offer “Scam Meter” to Help Investors Avoid Making Bad Decision

Securities Regulators Offer “Scam Meter” to Help Investors Avoid Making Bad Decision 150 150 Rex Securities Law

The Financial Industry Regulatory Authority ( FINRA) has a Scam Meter on their website which might help keep investors from making a bad decision. It starts with the age old warning “If it sounds…

read more

Allen Stanford Guilty – Ponzi Scheme

Allen Stanford Guilty – Ponzi Scheme 150 150 Rex Securities Law
Texas financier Allen Stanford was convicted on 13 of the 14 counts for bilking investors out of $7 billion plus in one of the largest Ponzi schemes on record. The jury deliberated 4 days before finding him guilty of all charges but a single count of wire fraud. … read more