When your financial advisor tells you something, do you feel like you just have to accept it without question? After all, this person is an expert. You work with them specifically for their knowledge, knowing you don't have it. Should you ever question...
Representing Investors
Sotheby’s hit with multiple shareholder lawsuits over sale
In less than a month, four shareholder lawsuits have been filed against Sotheby's. At issue is the famed auction house's acquisition deal with Patrick Drahi. The 55-year-old Drahi, known as a telecom mogul, is president of Altice, the French telecom group. In June, it...
How do you know it’s time to change financial advisers?
Most people dread the thought of leaving their financial adviser. Even if you don't have a particularly good relationship with them, they may have been handling your investments and other assets for years. Moving everything over to another firm can be difficult and...
How many U.S. residents invest in the stock market?
You hear a lot about the stock market on the news or when you bring up financial topics like estate planning, retirement planning or just increasing your personal wealth. But have you ever wondered, for all of the people who seem to have a lot of opinions about...
The problem with dividend selling
One potential issue you could run into with your broker is if they tell you to quickly buy a specific stock because the company is about to pay out a dividend on that stock. Brokers will sometimes act as if this gives you a fast, easy way to make money, or they'll...
Remember how your broker makes money
You get a broker or start working with a brokerage firm. Your thoughts focus on how you're going to make money by putting the assets you already control into your investment portfolio. You know that it's crucial for your retirement.As you do this, don't forget how...
The biggest investment mistakes people make
Investing your money is always a bit of a gamble, no matter how carefully you do it. If you're not financially sophisticated about investments, you probably rely heavily on the advice of your financial advisors.Just the same, you need to have some idea of the mistakes...
Why investors should know about disgorgement
Even if you don't know what it means, the term "disgorgement" may sound particularly painful. Indeed, it can be painful for those who are guilty of violating securities regulations or engaging in other illegal or unethical business activity.Disgorgement refers to the...
Athletes lose millions in bad investments and frauds
Whether at a horse race or in the stock market, there is no such thing as a sure thing. Investments are always risky; in some cases, that is what makes them so potentially lucrative. Everyone has a hot tip for someone who came into a large or unexpected amount of...
Risk-free investments just don’t exist
Every investment comes with some type of risk. There is a chance that you will lose your money. If you work with an investor who tells you otherwise, that's a red flag. They're not being honest with you, and you have to ask yourself if they really have your best...


