Posts tagged securit

• Who Defrauded JR? Actor Larry Hagman Wins $11.5M from Citigroup for Investment Fraud and Misconduct

  Paul Napoli | October 07, 2010 10:31 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  October 7, 2010 Actor Larry Hagman,79, perhaps best recognized for his role as JR Ewing on Dallas in the 1980’s, has won $11.5 million from Citigroup Global Markets, Inc. in a securities...

• SEC Charges NY Investment Advisor Thomas Priore and ICP Asset Management

  Paul Napoli | June 21, 2010 11:28 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  June 21, 2010 The Securities and Exchange Commission (SEC) announced today that it has charged a New York-based investment adviser Thomas Priore and three of his affiliated firms with fraudulently...

• New York Man Arrested in Investment Scheme

  Paul Napoli | February 17, 2010 12:10 AM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  February 15, 2010 Federal authorities have arrested an Albany investment broker on charges of securities fraud. United States Attorney Richard S. Hartunian of the Northern District of New York...

• Napoli Bern Ripka LLP Continues to Investigate The Suitability of Non-Listed REITS

  Adam Gana | November 11, 2009 2:33 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  Real Estate Investment Trusts (‘REITs’) are corporations that invest primarily in real estate, receive special tax designations and distribute 90% of their income to its shareholders....

• Congress Introduces New Legislation To Create An Agency To Oversee Financial Regulation

  Adam Gana | November 10, 2009 5:39 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  The U.S. House of Representatives Financial Services Committee has recently approved a federal agency to regulate home loans, credit cards, savings accounts and other financial services despite...

• Hedge Fund Losses

  Adam Gana | November 10, 2009 4:18 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  Napoli Bern Ripka LLP is currently seeking clients who have incurred losses due to mismanagement of their capital by hedge fund managers. Since the well-publicized blow-up of Long-Term Capital...

• Madoff’s Accountant Pleads Guilty, Faces Maximum 114 Years in Prison

  Paul Napoli | November 08, 2009 10:47 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  November 7, 2009 A Department of Justice Press Release earlier this week announced that David G. Friehling, accountant for Bernard L. Madoff Investment Securities, LLC, plead guilty in Manhattan...

• Speculative Investing vs. Non-Speculative Investing

  Adam Gana | November 06, 2009 12:20 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  In determining whether or not you may have a claim for your investment loss, you should think about whether or not your lost investment was speculative or non-speculative. Speculative...

• New Jersey and Florida Haitian Americans Targeted in $14 Million Ponzi Scheme

  Paul Napoli | October 19, 2009 11:41 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  October 17, 2009 The Securities and Exchange Commission (SEC) filed a civil injunctive action yesterday against HomePals Investment Club, LLC (HPIC) and HomePals, LLC and their principals, Ronnie...

• Lehman Brothers’ Fallout And Its Effect On Principal Protected Notes Investors

  Adam Gana | October 06, 2009 6:34 PM | 0 CommentsNew York City, NY Category: Miscellaneous
  

  In September 2008, Lehman Brothers, one of the fourth largest investment banks in the United States, filed for Chapter 11 bankruptcy. The resulting collapse emanated mostly from its hold on...