A bribery scandal involving Mobile TeleSystems apparently cost them around $850 million dollars already, and now the company is facing a class-action lawsuit for not making proper statements regarding that scandal.According to reports, the company and a subsidiary got...
The Securities and Exchange Commission (SEC) leveled sanctions when an investment banker allegedly misled investors, making them think that a startup company was in a far better financial position than it really was. The case ended up before the U.S. Supreme Court,...
Sometimes, the most carefully organized criminal schemes can topple very suddenly. It only takes one "domino" in the line to set everything in motion.That's basically how federal investigators stumbled into the biggest college admissions scandal to ever rock the...
Choosing a securities law attorney should not be a difficult process, but it also should be one in which you do not glaze over. You need to make an informed choice and one that sees you interview or meet with multiple attorneys before making your decision. Your...
Are you a financial adviser who is thinking about leaving your current broker-dealer and moving on with your clients in tow? Maybe you want to go independent -- or maybe you just want to work somewhere else, under a different mantle?Hold on. You'd better go read your...
People who are involved in handling client investments know that there are often some complex elements associated with these duties. Trying to ensure that you are always in compliance with applicable laws and regulations can be complicated. There may be times when you...
Securities attorneys play an important role for both individuals and companies. Anyone can hire a securities attorney, but what are the benefits of doing so? We will explore the benefits of hiring such an attorney so you can make an informed decision.One of the most...
Securities laws are very strict, and that is for the protection of the investors. Brokers and others who are involved in the industry must ensure that they are acting in their clients' best interests and not trying to further their own gains.If you are accused of...
One of the reasons people let financial planners manage their investment portfolio is because they believe that they're trustworthy as they're licensed by the state. They often belong to professional organizations that have high ethical standards that they must meet...
Laws related to investments and securities must be complied with to protect the investors and to keep the brokers honest. When the laws aren't followed, the brokers may face criminal action and the investors are left to try to pick up the financial pieces.We...
