A National Securities Arbitration & Investment Fraud Law Firm
Diamonds may still be a “girl’s best friend,” but for 300 or more investors in the US and Canada, they were allegedly used to defraud investors. This week, the SEC obtained a court order to shut down a Ponzi scheme run by South Florida-based owner Jose Angel Aman, and his company, Argyle Coin for allegedly operating a Ponzi scheme. Silver Law Group represents investors in this diamond Ponzi scheme. Continue reading ›
Has a broker or financial advisor asked to be a beneficiary in your will? Financial advisors should not be participating in a client’s estate.
Senators Catherine Cortez Masto, (D-Nev.), Mike Rounds, (R.-S.D.), Tina Smith, (D-Minn.) and Chris Van Hollen, (D-Md.) recently sent a formal letter to FINRA requesting that the agency draft and enact new regulations for both advisors and firms prohibiting them from receiving these types of inheritances, and requiring any inheritances to be forfeited. It also requests that the representatives and/or firms pay large fines, and restrict individuals from serving as financial advisors and representatives in the future. Current regulations allow brokers and financial representatives to accept inheritances from their clients. However, many brokerage firms prohibit the practice. Continue reading ›
Owners of Conagra Brands stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods.
Conagra, which is a component of the S&P 500, announced that it would acquire Pinnacle Foods in June, 2018. CEO Sean Connolly publicly assured investors that Conagra had done its due diligence into Pinnacle, which owns brands such as Birds Eye and Duncan Hines, and said that the two companies were a natural fit for each other. Continue reading ›
Pyxus International, Inc. (PYX), a publicly-traded tobacco and vaporizer company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares of Pyxus between June 7, 2018 and November 8, 2018 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›
Ascena Retail Group, Inc. (ASNA), a publicly-traded women’s clothing retailer that owns brands such as Ann Taylor, Dress Barn, and Lane Bryant, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares of Ascena between September 16, 2015 and June 8, 2017 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›
Hecla Mining Company (HL), a publicly-traded silver and precious metals mining company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares of CBL between March 19, 2018 and May 8, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›
CBL & Associates Properties, Inc. (CBL), a publicly-traded real estate investment trust that invests in shopping centers, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares of CBL between November 8, 2017 and March 26, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›
A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. (RICK), a publicly-traded company that operates strip clubs and nightclubs, for alleged violations of federal securities law.
Investors who purchased shares in the company between August 10, 2017 and May 10, 2019 may be eligible to participate in the lawsuit. Continue reading ›
Nabriva Therapeutics (NBRV), a publicly-traded biopharmaceutical company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares between November 1, 2018 and April 30, 2019 (the class period) may be eligible to participate in the lawsuit. Continue reading ›
Momo, Inc. (MOMO), a publicly-traded mobile application company that operates in China, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Investors who purchased shares of Momo between April 21, 2015 and April 29, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›
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