Investor Education

Be Wary of Pressure to Invest Immediately

By WEALAW / May 14, 2015 / Comments Off on Be Wary of Pressure to Invest Immediately

A true financial professional wants you to be comfortable and invest in what is best for you in your time. A scam artist wants you to invest in what is best for him or her as quickly as possible. Any pressure to invest immediately because the golden opportunity will be gone in a flash is a…

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SEC and FINRA Launch National Senior Investor Initiative Examination Program

By WEALAW / April 16, 2015 / Comments Off on SEC and FINRA Launch National Senior Investor Initiative Examination Program

In releasing a report on the National Senior Investor Initiative, the SEC and FINRA have reaffirmed the paramount importance of protecting senior investors. Andrew J. Bowden, OCIE’s Director, said, “Seniors are more dependent than ever on their own investments for retirement. Broker-dealers are developing and offering a variety of new products and services that are…

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If Investment Advice Sounds Too Good To Be True, It Is Likely To Be Fraudulent

By WEALAW / March 30, 2015 / Comments Off on If Investment Advice Sounds Too Good To Be True, It Is Likely To Be Fraudulent

Old aphorisms are often helpful in ferreting out fraudulent advice.  One such aphorism is: “if it sounds too good to be true, it is.”  One unchangeable law of investing is that the higher the rate of return on an investment, the higher the risk of the investment.  Anyone who claims that a high rate of return or…

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Mid-Atlantic Stockbrokers Barred Or Suspended By FINRA For Taking Advantage Of Elderly Clients

By WEALAW / March 27, 2015 / Comments Off on Mid-Atlantic Stockbrokers Barred Or Suspended By FINRA For Taking Advantage Of Elderly Clients

George Wayne Hoffman from Parkville, Maryland, a former registered representative with H. Beck, Inc., was barred from association with any FINRA member in any capacity.  That sanction was based upon, among other findings, that Hoffman converted $17,000 from an elderly client for his own benefit and improperly accepted a $36,000 dollar personal loan from that…

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WELCOME TO OUR BLOG

By WEALAW / March 26, 2015 / Comments Off on WELCOME TO OUR BLOG

Welcome to the West & West Investment and Stock Market Fraud Law Blog. The securities fraud litigation lawyers at West & West have decades of combined experience representing victims of investment and stock market fraud. One of the main purposes for this blog is to help educate investors so that they never have to become…

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