#298675 by Terminator5
Tue Jun 21, 2016 3:20 pm
Fake Stock Exchange Attorneys . Recovery Scam Targeting victims of Fake Stock Scams .
http://www.ftlbpa.net/index.html
Farrel, Thorton, Lloyd & Brown
We aim to provide each client with the best advice and guidance to recover stock market losses as a result of stockbroker misconduct. We provide skilled guidance with personal attention and a genuine interest in the welfare of our clients. We are dedicated to each client's satisfaction, and we work together as a strong team to bring you a positive outcome in recovering your investment losses in a timely and straightforward manner.
Collectively, our clients have recovered more than $100 million through our assistance in negotiation, mediation, arbitration and litigation. More than 90% of those who have engaged our services have recovered all or a portion of their losses.
Members of our firm have more than 100 years of combined experience in the securities industry and in securities law.
Most of the members of our staff and consultants previously worked at investment and brokerage firms and many of them were also licensed representatives and/or supervisors. Collectively, the members of our team have worked for dozens of securities firms, including almost every major brokerage firm on Wall Street.
Our Advocates
Although most cases of stockbroker and investment fraud may be difficult to detect, there are measures investors can take to minimize their chances of becoming a victim.
• Gregory Farrel
Mr. Farrel is a partner and has over 25 years experience. His experience spans mergers and acquisitions, joint ventures, financing, private equity funds, venture capital funds, hedge funds and pension funds. He has had significant experience in dealing with the recovery of investment losses due to public companies being delisted or going bankrupt. Greg serves in a number of charitable organizations.
Mr. Farrel has also studied accounting and securities law allowing him to interpret financial statement to assess fraud has occurred. In addition to being a recognized advocate Greg is a tax specialist.
• Ian Thornton
Mr. Thornton is a founding partner of the firm. He has significant experience in the allocation of credit risk in the fixed income markets, therefore this experience allows him to specialize in this area where fraudulent cases have occurred. He has worked with investment banks, hedge funds and broker dealers and has a vast knowledge in the area of financial transactions allowing him to see through transactions that appear to be on the up and up but are in fact fraudulent. He regularly advises clients participation in the market for troubled and non-performing financial assets and claims.
His knowledge of compliance and regulatory guidelines allows him to maximize the recovery for clients who have suffered investment losses. He has helped settle claims against the three largest insolvent Icelandic banks.
• Rodney Lloyd
Mr. Lloyd is a partner of the firm. He is a frequent speaker on legal, regulatory, and compliance issues arising in fixed income markets. His topics of interest include but are not limited to the evolving markets and claims related to credit derivatives products. He has also representated clients in claims resulting from bankruptcy and has recovered over $10 million for clients who have suffered investment losses.
Mr. Lloyd has extensive experience in securities enforcement, regulatory investigations, and complex cross-border litigation and regulatory matters. He has mitigated cases for clients who have suffered investment losses in foreign jurisdictions.
Rodney has conducted numerous internal investigations into the accounts of firms who were involved in fraudulent practices resulting in investor losses, including securities trading and market manipulation.
• Jonathan Brown
Mr. Brown is a partner in the firm's Corporate and Regulatory recovery sector. Jonathan assists clients with every aspect of recovery with respect to investment losses caused by unethical practices, mergers and acquisitions, initial public offerings and pre-initial public offerings. Mr. Brown regularly organizes and presents seminars to clients to assist them in looking for the pitfalls that can lead and cause investor losses and abuse.
He also educates investors on what to look for in choosing a financial planner, investment advisor or investment firm. Further to the above mentioned areas of practice Mr. Brown specializes in investment recovery resulting from stock option backdating, market-timing, accounting irregularities, manipulation and alleged false financial disclosures.
• Wayne Morrison
Mr. Morrison has represented individuals and institutions from the United States and almost every continent in the world. Over the last decade that representation has included hundreds of clients who range from retirees who have lost their life savings to banks who have been defrauded in investment schemes or by negligent brokers and everything in between. The cases Mr. Morrison has worked on include claims for unsuitable investment recommendations, churning, misrepresentations and outright fraud. The investment involved have varied from simple stocks and bonds to more complicated annuities options and futures to even extremely complex derivations such as structured products, CMO's, I0's, Inverse I0's, CDO's, CLO's, Synthetic CDO's, Credit Default Swaps and hedge funds.
Mr. Morrison is a frequent lecturer on all issues related to investment disputes and securities law helping educate investors across the nation. Mr. Morrison received his Bachelor of Arts Degree from Penn State University.
• Andrew Evans
Andrew Evans received his Bachelor of Arts Degree in Economics and Political Science from Vanderbilt University. Mr. Evans served as an officer in the corporate trust and investment banking groups at major financial institutions.
During his career in the financial industry he had extensive experience with exotic financial intruments while acting as an indenture trustee for collateralized debt obligations and mortgage backed securities. He also worked with a major oil and gas corporation negotiating complex derivative contracts.
• Matthew Booth
Matthew utilizes a realistic approach to problem solving obtained through his social work background. Mr. Booth is a highly trained advocate committed to fighting wrongs and speaking up for those in need who have suffered investment losses. At university he studied Economics and Business Management, with 15 years of experience and a strong interest in economics Matthew contributes his skills to help those that have been defrauded by the unscrupulous actions of investment advisors and brokerage firms.
Mr. Booth started working with the firm in 1994. In the past he worked as a financial advisor specializing in mergers and acquisitions. Mr. Booth continues to be driven by his goal of delivering the best advice and results for the cases that he handles.
• Adam Slater
Mr. Slater specializes in recovering investment losses from investment and financing transactions, including private equity investment, mergers and acquisitions, venture capital investment and structured investments. He regularly provides strategic and regulatory advice to shareholders in helping them determine if they have a valid claim. Adam's experience also includes a wide variety of other transactions and advice, including joint ventures, start-ups and fund formation along with investment losses due to securities regulatory and compliance matters.
Mr. Slater has over 15 years of experience in assisting investors recovers losses from investments. Prior to joining the firm Adam worked in the investment industry as a senior compliance officer and a venture capital specialist.
FRAUDULENT PRACTICES
•UNETHICAL PRACTICES
Signs of stockbroker fraud and misconduct are often not evident until it is too late and you've lost thousands of dollars of your hard earned money. However, if you act quickly and talk to a recovery expert, you may be able to recover your stock market losses.
If you invest in stocks, bonds, variable annuities, limited partnerships, mutual funds, certain commodities, and you have experienced problems or unexpected losses, you may be a victim of investment broker fraud.
We help you recover your investment losses caused by broker violations relating to fraud.
TYPES OF BROKER VIOLATIONS
Fraud, unauthorized claims, churning, suitability, broker/dealer liability, international claims, failure to disclose, failure to supervise, false statements, misrepresentations, omissions, pyramid or ponzi schemes, false trades, delayed executions, improper sellouts, incorrect trades, overconcentration, unethical practices.
While no one expects stockbrokers or financial advisors to have a crystal ball, stockbrokers and financial advisors are required to make only suitable investment recommendations to their customers. Unfortunately, too many stockbrokers and financial planners make overly risky investment recommendations to their clients that result in substantial investment losses.
•Stockbroker fraud and misconduct
Stockbroker fraud and misconduct is all too common. Investors put their complete trust in stockbrokers or financial advisors, only to see their money disappear due to bad advice. Stockbroker fraud and misconduct may involve the act of misleading an investor or purposefully providing incorrect advice in order to profit from a client's investment decision. Securities stockbroker fraud can include excessively trading your account, false statements, misrepresentations, concealment of information, or intentional misuse of investor trust. When information is tainted, investors cannot fairly weigh the risks versus the opportunities, and are more likely to lose money.
Stockbrokers and other financial experts are held to a high standard of honesty and fairness. When a person who is licensed to buy and sell securities takes advantage of his position and fails to provide reliable and complete information to a client, the investor's rights have been violated.
Victims of stockbroker fraud and misconduct may be entitled to recover their stock market losses from the broker or the broker's employer, plus additional compensation.
•Unsuitable Recommendations
Unsuitability refers to an investment advisor's failure to make recommendations based on a client's individual needs, goals and willingness to incur risk. Brokers have a legal duty to thoroughly assess the needs of their clients, and then make appropriate and fair recommendations. Stock market loss as a result of unsuitability is one of the most common investment claims. A broker must determine the customer's financial condition, level of knowledge and experience, investment objectives, risk tolerance, age, income, spending needs, and only recommend investments that are appropriate for the customer's circumstances. What is a suitable investment for a successful doctor will likely be grossly unsuitable for a retired widow living on a pension. For example, in one of our cases, a broker recommended investing the majority of a retired widow's life savings in high risk tech stocks and the widow lost over $200,000. We filed suit claiming that the broker violated his duty to recommend suitable investments. The case quickly settled for a very sizable amount.
•False Statements, Misrepresentations, or Omissions
A broker may induce a customer to buy or sell a stock by making statements or representations of facts that are known by the broker to be untrue, and are relied upon by the customer following the broker's recommendation. Also, a broker can commit fraud by an "omission" -- failing to reveal important facts that would have been important to the customer in making the investment decision. Sometimes the broker will falsely state, "I have an inside tip" or "You should buy this stock - I know I am buying it." For example in one of our cases a broker guaranteed our client against loss in a variable annuity. However, our client lost almost $250,000. We settled this case for a substantial sum of money.
•Pyramid or Ponzi Schemes
Pyramid schemes, also known as "Ponzi Schemes," rely on investors to contribute an initial investment, usually promising a high interest rate. In reality, the interest is paid from funds contributed by new investors. The cycle continues creating a large tier of investors who are supposedly all profiting. Eventually new investors cannot be found and the ponzi scheme collapses. Ponzi schemes are built up around false promises and a system that only rewards the schemer. We have recovered very large sums of money from the brokerage firms who employed the brokers running the Ponzi schemes.
•Breach of Fiduciary Duty
In simple terms, a fiduciary duty is defined as, "An obligation to act in the best interest of another party." When one person undertakes to act for another in a fiduciary relationship, the law forbids the fiduciary from acting in any manner adverse or contrary to the interests of the client, or from acting for his own benefit in relation to the subject matter. The client is entitled to the best efforts of the fiduciary on his behalf and the fiduciary must exercise all of the skill and diligence at his disposal when acting on behalf of the client. Courts across the country have expressly held that a fiduciary duty exists between a stockbroker and his customer.
◦If your stockbroker recommends investments inconsistent with your financial goals and expressed risk desires, you may be the victim of stockbroker fraud or misconduct.
◦If your advisor fails to disclose important details about an investment, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker recommends a dramatic change in your investment strategy, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker traded on your account without your knowledge or authorization, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker conducted excessive trades in your account, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker guarantees that an investment is a "sure thing," you may be the victim of stockbroker fraud or misconduct.
◦If your statements contain transactions that you do not recognize or understand, you may be the victim of stockbroker fraud or misconduct.
◦If your stocks recommended by your broker are substantially declining in value, you may be the victim of stockbroker fraud or misconduct.
Your broker is required to perform adequate diligence and determine if your investment is suitable for you. Unfortunately, many brokers fail to do so.
Address
2000 Market Street #2122,
Philadelphia,
PA 19103
United States of America
Telephone : +1 267 546 4008
Fax : +1 267 569 3000
[email protected]
http://www.ftlbpa.net/index.html
Farrel, Thorton, Lloyd & Brown
We aim to provide each client with the best advice and guidance to recover stock market losses as a result of stockbroker misconduct. We provide skilled guidance with personal attention and a genuine interest in the welfare of our clients. We are dedicated to each client's satisfaction, and we work together as a strong team to bring you a positive outcome in recovering your investment losses in a timely and straightforward manner.
Collectively, our clients have recovered more than $100 million through our assistance in negotiation, mediation, arbitration and litigation. More than 90% of those who have engaged our services have recovered all or a portion of their losses.
Members of our firm have more than 100 years of combined experience in the securities industry and in securities law.
Most of the members of our staff and consultants previously worked at investment and brokerage firms and many of them were also licensed representatives and/or supervisors. Collectively, the members of our team have worked for dozens of securities firms, including almost every major brokerage firm on Wall Street.
Our Advocates
Although most cases of stockbroker and investment fraud may be difficult to detect, there are measures investors can take to minimize their chances of becoming a victim.
• Gregory Farrel
Mr. Farrel is a partner and has over 25 years experience. His experience spans mergers and acquisitions, joint ventures, financing, private equity funds, venture capital funds, hedge funds and pension funds. He has had significant experience in dealing with the recovery of investment losses due to public companies being delisted or going bankrupt. Greg serves in a number of charitable organizations.
Mr. Farrel has also studied accounting and securities law allowing him to interpret financial statement to assess fraud has occurred. In addition to being a recognized advocate Greg is a tax specialist.
• Ian Thornton
Mr. Thornton is a founding partner of the firm. He has significant experience in the allocation of credit risk in the fixed income markets, therefore this experience allows him to specialize in this area where fraudulent cases have occurred. He has worked with investment banks, hedge funds and broker dealers and has a vast knowledge in the area of financial transactions allowing him to see through transactions that appear to be on the up and up but are in fact fraudulent. He regularly advises clients participation in the market for troubled and non-performing financial assets and claims.
His knowledge of compliance and regulatory guidelines allows him to maximize the recovery for clients who have suffered investment losses. He has helped settle claims against the three largest insolvent Icelandic banks.
• Rodney Lloyd
Mr. Lloyd is a partner of the firm. He is a frequent speaker on legal, regulatory, and compliance issues arising in fixed income markets. His topics of interest include but are not limited to the evolving markets and claims related to credit derivatives products. He has also representated clients in claims resulting from bankruptcy and has recovered over $10 million for clients who have suffered investment losses.
Mr. Lloyd has extensive experience in securities enforcement, regulatory investigations, and complex cross-border litigation and regulatory matters. He has mitigated cases for clients who have suffered investment losses in foreign jurisdictions.
Rodney has conducted numerous internal investigations into the accounts of firms who were involved in fraudulent practices resulting in investor losses, including securities trading and market manipulation.
• Jonathan Brown
Mr. Brown is a partner in the firm's Corporate and Regulatory recovery sector. Jonathan assists clients with every aspect of recovery with respect to investment losses caused by unethical practices, mergers and acquisitions, initial public offerings and pre-initial public offerings. Mr. Brown regularly organizes and presents seminars to clients to assist them in looking for the pitfalls that can lead and cause investor losses and abuse.
He also educates investors on what to look for in choosing a financial planner, investment advisor or investment firm. Further to the above mentioned areas of practice Mr. Brown specializes in investment recovery resulting from stock option backdating, market-timing, accounting irregularities, manipulation and alleged false financial disclosures.
• Wayne Morrison
Mr. Morrison has represented individuals and institutions from the United States and almost every continent in the world. Over the last decade that representation has included hundreds of clients who range from retirees who have lost their life savings to banks who have been defrauded in investment schemes or by negligent brokers and everything in between. The cases Mr. Morrison has worked on include claims for unsuitable investment recommendations, churning, misrepresentations and outright fraud. The investment involved have varied from simple stocks and bonds to more complicated annuities options and futures to even extremely complex derivations such as structured products, CMO's, I0's, Inverse I0's, CDO's, CLO's, Synthetic CDO's, Credit Default Swaps and hedge funds.
Mr. Morrison is a frequent lecturer on all issues related to investment disputes and securities law helping educate investors across the nation. Mr. Morrison received his Bachelor of Arts Degree from Penn State University.
• Andrew Evans
Andrew Evans received his Bachelor of Arts Degree in Economics and Political Science from Vanderbilt University. Mr. Evans served as an officer in the corporate trust and investment banking groups at major financial institutions.
During his career in the financial industry he had extensive experience with exotic financial intruments while acting as an indenture trustee for collateralized debt obligations and mortgage backed securities. He also worked with a major oil and gas corporation negotiating complex derivative contracts.
• Matthew Booth
Matthew utilizes a realistic approach to problem solving obtained through his social work background. Mr. Booth is a highly trained advocate committed to fighting wrongs and speaking up for those in need who have suffered investment losses. At university he studied Economics and Business Management, with 15 years of experience and a strong interest in economics Matthew contributes his skills to help those that have been defrauded by the unscrupulous actions of investment advisors and brokerage firms.
Mr. Booth started working with the firm in 1994. In the past he worked as a financial advisor specializing in mergers and acquisitions. Mr. Booth continues to be driven by his goal of delivering the best advice and results for the cases that he handles.
• Adam Slater
Mr. Slater specializes in recovering investment losses from investment and financing transactions, including private equity investment, mergers and acquisitions, venture capital investment and structured investments. He regularly provides strategic and regulatory advice to shareholders in helping them determine if they have a valid claim. Adam's experience also includes a wide variety of other transactions and advice, including joint ventures, start-ups and fund formation along with investment losses due to securities regulatory and compliance matters.
Mr. Slater has over 15 years of experience in assisting investors recovers losses from investments. Prior to joining the firm Adam worked in the investment industry as a senior compliance officer and a venture capital specialist.
FRAUDULENT PRACTICES
•UNETHICAL PRACTICES
Signs of stockbroker fraud and misconduct are often not evident until it is too late and you've lost thousands of dollars of your hard earned money. However, if you act quickly and talk to a recovery expert, you may be able to recover your stock market losses.
If you invest in stocks, bonds, variable annuities, limited partnerships, mutual funds, certain commodities, and you have experienced problems or unexpected losses, you may be a victim of investment broker fraud.
We help you recover your investment losses caused by broker violations relating to fraud.
TYPES OF BROKER VIOLATIONS
Fraud, unauthorized claims, churning, suitability, broker/dealer liability, international claims, failure to disclose, failure to supervise, false statements, misrepresentations, omissions, pyramid or ponzi schemes, false trades, delayed executions, improper sellouts, incorrect trades, overconcentration, unethical practices.
While no one expects stockbrokers or financial advisors to have a crystal ball, stockbrokers and financial advisors are required to make only suitable investment recommendations to their customers. Unfortunately, too many stockbrokers and financial planners make overly risky investment recommendations to their clients that result in substantial investment losses.
•Stockbroker fraud and misconduct
Stockbroker fraud and misconduct is all too common. Investors put their complete trust in stockbrokers or financial advisors, only to see their money disappear due to bad advice. Stockbroker fraud and misconduct may involve the act of misleading an investor or purposefully providing incorrect advice in order to profit from a client's investment decision. Securities stockbroker fraud can include excessively trading your account, false statements, misrepresentations, concealment of information, or intentional misuse of investor trust. When information is tainted, investors cannot fairly weigh the risks versus the opportunities, and are more likely to lose money.
Stockbrokers and other financial experts are held to a high standard of honesty and fairness. When a person who is licensed to buy and sell securities takes advantage of his position and fails to provide reliable and complete information to a client, the investor's rights have been violated.
Victims of stockbroker fraud and misconduct may be entitled to recover their stock market losses from the broker or the broker's employer, plus additional compensation.
•Unsuitable Recommendations
Unsuitability refers to an investment advisor's failure to make recommendations based on a client's individual needs, goals and willingness to incur risk. Brokers have a legal duty to thoroughly assess the needs of their clients, and then make appropriate and fair recommendations. Stock market loss as a result of unsuitability is one of the most common investment claims. A broker must determine the customer's financial condition, level of knowledge and experience, investment objectives, risk tolerance, age, income, spending needs, and only recommend investments that are appropriate for the customer's circumstances. What is a suitable investment for a successful doctor will likely be grossly unsuitable for a retired widow living on a pension. For example, in one of our cases, a broker recommended investing the majority of a retired widow's life savings in high risk tech stocks and the widow lost over $200,000. We filed suit claiming that the broker violated his duty to recommend suitable investments. The case quickly settled for a very sizable amount.
•False Statements, Misrepresentations, or Omissions
A broker may induce a customer to buy or sell a stock by making statements or representations of facts that are known by the broker to be untrue, and are relied upon by the customer following the broker's recommendation. Also, a broker can commit fraud by an "omission" -- failing to reveal important facts that would have been important to the customer in making the investment decision. Sometimes the broker will falsely state, "I have an inside tip" or "You should buy this stock - I know I am buying it." For example in one of our cases a broker guaranteed our client against loss in a variable annuity. However, our client lost almost $250,000. We settled this case for a substantial sum of money.
•Pyramid or Ponzi Schemes
Pyramid schemes, also known as "Ponzi Schemes," rely on investors to contribute an initial investment, usually promising a high interest rate. In reality, the interest is paid from funds contributed by new investors. The cycle continues creating a large tier of investors who are supposedly all profiting. Eventually new investors cannot be found and the ponzi scheme collapses. Ponzi schemes are built up around false promises and a system that only rewards the schemer. We have recovered very large sums of money from the brokerage firms who employed the brokers running the Ponzi schemes.
•Breach of Fiduciary Duty
In simple terms, a fiduciary duty is defined as, "An obligation to act in the best interest of another party." When one person undertakes to act for another in a fiduciary relationship, the law forbids the fiduciary from acting in any manner adverse or contrary to the interests of the client, or from acting for his own benefit in relation to the subject matter. The client is entitled to the best efforts of the fiduciary on his behalf and the fiduciary must exercise all of the skill and diligence at his disposal when acting on behalf of the client. Courts across the country have expressly held that a fiduciary duty exists between a stockbroker and his customer.
◦If your stockbroker recommends investments inconsistent with your financial goals and expressed risk desires, you may be the victim of stockbroker fraud or misconduct.
◦If your advisor fails to disclose important details about an investment, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker recommends a dramatic change in your investment strategy, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker traded on your account without your knowledge or authorization, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker conducted excessive trades in your account, you may be the victim of stockbroker fraud or misconduct.
◦If your stockbroker guarantees that an investment is a "sure thing," you may be the victim of stockbroker fraud or misconduct.
◦If your statements contain transactions that you do not recognize or understand, you may be the victim of stockbroker fraud or misconduct.
◦If your stocks recommended by your broker are substantially declining in value, you may be the victim of stockbroker fraud or misconduct.
Your broker is required to perform adequate diligence and determine if your investment is suitable for you. Unfortunately, many brokers fail to do so.
Address
2000 Market Street #2122,
Philadelphia,
PA 19103
United States of America
Telephone : +1 267 546 4008
Fax : +1 267 569 3000
[email protected]
Daniel 8 :25
