Securities Arbitration Lawyers Blog

Michael Lian (Michael Emile Lian CRD# 2639356) is a previously registered broker whose last known employer was National Securities Corporation (CRD#:7569) of Clearwater, FL. His previous employers include Aegis Capital Corp. (CRD#:15007), National Securities Corporation (CRD#:7569), and Newbridge Securities Corporation (CRD#:104065), all in Red Bank, NJ. He has been in…

Douglas Rosenberg and Adam Maggio, brokers who currently work for and previously worked for Joseph Stone Capital, respectively, have been suspended. Both have been accused of churning accounts by customers. Douglas Rosenberg Douglas Rosenberg (Douglas Jarrett Rosenberg CRD# 3214215) is a registered broker currently registered with Joseph Stone Capital L.L.C.…

Activist investment firm Blue Orca Capital recently published a report on Li-Cycle Holdings Corp. (LICY) (“Li-Cycle” or the “Company”) indicating that its financial standing isn’t as stable as the company’s press releases indicate. Blue Orca’s report describes the company as one that uses predictions as reported revenues, and that “Li-Cycle…

Northstar Financial Services (Bermuda) offered investment and annuity-type products to investors outside the United States.  The company was based in Bermuda and claimed to offer various benefits such as tax shelters that were not available to U.S.-based investors.  Northstar relied on a network of financial advisors and brokerage firms across…

Silver Law Group represents Northstar Financial Services (Bermuda) investors and has filed arbitration claims against brokerage firms that improperly sold Northstar products to investors. Silver Law Group’s clients allege that the selling firms pitched Northstar as a safe, conservative investment that was comparable to bank certificates of deposit (CDs), and…

Silver Law Group represents and has filed arbitration claims against financial advisors on behalf of investors who purchased investments issued by Northstar Financial Services (Bermuda) Ltd. These products include, but are not limited to: Global Interest Accumulator Global Advantage Plus Series Global Advantage Select Global VIP Elite Global Index Product…

We’ve discussed the risks of margin calls in previous blog posts. Many investors go into an arrangement for margin calls without completely understanding what they’re getting themselves into, only to discover they’ve lost money. While financial advisors frequently fail to properly explain the cost of buying on margin, wall street…

Silver Law Group is a leading securities and financial fraud law firm which represents investors who have been defrauded in the stock market. Although new schemes are always popping up, traditional boiler rooms pumping worthless stock or churning customer accounts remain prevalent. Our securities fraud attorneys represent investors who have…

Boca Raton, FL-based National Securities Corporation has received a fine of $663,000 after FINRA found that it deceived investors from December 2017 through January 2018. At issue is the price of shares offered in a private placement. National Securities will pay $300,000 in fines and the rest in disgorgement, plus…

Sources say that GWG Holdings is preparing to file Chapter 11 bankruptcy, which would likely lead GWG L Bonds investors to suffer a significant loss of their principal. Silver Law Group currently represents GWG L Bonds investors in claims against the selling brokerage firm, and may be able to help…