Securities fraud is a type of white-collar crime in Pennsylvania that entices investors to make a financial decision based on deceptive tactics. This deception often causes investors to lose large amounts of money, breaking securities law. There are several types of...
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Federal Securities Law
Setting new industry standards for fiduciaries
Across Pennsylvania and the other states, more than 5 million citizens have a legal responsibility to manage other people's money. This is referred to as a fiduciary responsibility. The Center for Fiduciary Studies is paving the way in setting an industry standard for...
SEC rules covering stock commentary online
The SEC faces an uphill battle when it comes to fighting online commentary that hypes stocks. Officials must prove that the information posted online was an organized attempt to change stock prices. It is not against the law to discuss stock hunches online, but...
How to tell if you’re in a Ponzi scheme
Ponzi schemes in Pennsylvania tend to prey on people who want to make a lot of money in a short amount of time. At the beginning of the scam, it might seem like you're getting a good return on your investment. But when the scheme inevitably falls apart, you'll likely...
Points to consider when selecting a broker
When you start investing in the stock market, you will want to retain a broker. Regular brokers interact directly with you, while broker-resellers act as intermediates between you and a larger broker. In either case, there are some points to consider when choosing a...
Insider trading is not a victimless offense
Insider trading is, basically, using one’s access to privileged information as a means of making money at other’s expense. More specifically, an investor engages in insider trading when she uses business or financial information that is not available to the general...
SEC: Fraudulent PA operation raised nearly $500M from investors
A smart investment can be a good way to shore up retirement savings or provide some extra financial security. Considering the sums of money often involved, this requires real trust. You must believe the money will be used for the stated purpose, and that the risks...
Securities law and dealing with fraudulent investment vehicles
Investors take risks when putting their money into certain companies. While some endeavors are riskier than others, entirely escaping risk can be nearly impossible when directing funds into private companies. Investors should, however, expect investment entities to...
Understanding Ponzi schemes and how to recognize them
A Ponzi scheme is a financial scam that lures investors by promising they can make money fast on their investment with little risk. It works in the same manner as a pyramid scheme by paying the old investors with the money new recruits provide. The scheme can break...
Dealing with fraudulent financial advisers in a volatile market
Many investors are nervous right now. As the world's economic outlook remains uncertain, markets have taken a sharp dive in recent months. When this happens, people often turn to their financial advisers to navigate the storm. But sadly, volatile markets can lead some...