The White Law Group is currently representing two former UBS financial advisors in a litigation matter involving their alleged promissory note obligation to UBS. Based on our preliminary investigation, it appears that these particular financial advisors were forced to leave UBS because UBS did away with a trading program that was critical to their [...]
The White Law Group is investigating the trading practices of Morgan Stanley Smith Barney financial advisor David Sheinheit. Specifically, we are investigating whether Mr. Sheinheit inappropriately invested a retired investor’s retirement assets and/ or failed to implement a hedging strategy discussed by Mr. Sheinheit and the investor.
According to his FINRA Broker Report, Mr. Sheinheit [...]
The White Law Group is investigating possible securities fraud claims involving Morgan Stanley’s multi-billion dollar real estate investment funds. Specifically, we are investigating whether Morgan Stanley misled investors about the strategy of its real estate funds, the value of the underlying holdings in these funds, and the value of the funds prior to Morgan [...]
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm is dedicated to assisting investors who have suffered investment losses as a result of their financial advisor or broker-dealers’ fraud or negligence.
We are currently [...]
The White Law Group is now representing financial advisors in Promissory Note disputes and claims related to the financial advisors prior employment.
The White Law Group is a national securities fraud, securities arbitration, investor protection and securities regulation/ compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm’s lawyers have extensive [...]
The White Law Group is investigating the appropriateness of financial advisor’s recommendations that investors purchase sub-prime issues like American Home Mortgage, New Century Financial Corp., Novastar and other similar companies.
In many cases, these investments were pitched by stockbrokers and financial advisors at Merrill Lynch, Wachovia (n/k/a Wells Fargo), Smith Barney, AG Edwards, Edward [...]
The White Law Group is investigating the appropriateness of structured product investments sold by various broker-dealers (including Citigroup’s ELKS structured product), to retail investors.
Structured products are complicated investments that are only appropriate for sophisticated or institutional investors. Structured products are designed to facilitate highly customized risk-return objectives by taking a traditional security, [...]
FINRA recently announced that Andrew Mark Ruby, a former Morgan Stanley financial advisor in Hartsdale, New york, has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Ruby consented to the described sanction and to the entry of findings that from about February 2005 through March [...]
On January 4, 2009, the Securities Exchange Commission (SEC) announced the settlement of the matter instituted against William Keith Phillips on July 20, 2009. Pursuant to the settlement, the Commission issued an Order Making Findings and Imposing Remedial Sanctions and a Cease-and-Desist Order pursuant to Sections 203(f) and 203(k) of the Investment Advisers Act and [...]
On September 15, 2009, FINRA announced that a Financial Industry Regulatory Authority (FINRA) Hearing Panel has barred John Edward Mullins a former registered representative with Morgan Stanley DW, Inc. (now known as Morgan Stanley Smith Barney, LLC) for misappropriating $11,156.47 from the charitable foundation of a 97-year old nursing home resident and widow who was [...]