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Articles Posted in Senior Citizens Unsuitable Securities

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Bank-Based Brokerage Firm Fined $100,000 for Selling Senior Citizens Unsuitable Securities

Investment Professionals, Inc. had been previously investigated for using high-pressure tactics on elderly clients in Massachusetts A San Antonio-based investment firm operating in Massachusetts was recently fined $100,000 for selling seniors unsuitable investments. The firm, Investment Professionals, Inc., (IPI) which operates out of community banks throughout the state, had been…

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