The SEC recently charged Springer Investment Management, Inc. dba Springer Financial Advisors (SFA) and its owner, Keith Springer, with defrauding hundreds of clients, including many retirees. SFA is an investment advisory firm based in California. The SEC alleges that SFA recommended certain investment products to its clients, for which it received millions of dollars in […]
As 2019 nears a close, the Business Trial Group reflects on what was an impressive year for the Group. Here are some of the best moments of the Business Trial Group’s past year. BTG Wins Big For Its Clients The Business Trial Group’s skill and reputation have allowed us to recover tens of millions of […]
Several brokerage firms have been selling customers a supposedly conservative investment strategy offered through Harvest Volatility Management that apparently wasn’t so conservative after all. In fact, Harvest engaged in speculative options trading pursuant to a Collateral Yield Enhancement Strategy that resulted in significant losses. Multiple brokerage firms – including Morgan Stanley, Fidelity, J.P. Morgan, and […]
Below is a roundup of some of the most noteworthy enforcement actions the SEC and FINRA brought in 2019. The SEC brought 862 enforcement actions in Fiscal Year 2019, according to a report by the SEC’s Division of Enforcement. FINRA hasn’t released its 2019 data yet. If you have been a victim to misconduct similar […]
