Posts belonging to Category Oppenheimer
Posted by Page PerryonJanuary 21, 2009
Time may be running out on certain auction-rate securities claims. Some investors may need to act promptly if they wish to protect their rights. The laws of each state establish time limits (statutes of limitations) within which legal claims must be asserted. Those time limits vary from state to state. Claims not brought within the […]
Categories: Auction Rate Securities, Bank of America, Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Credit Suisse, Deutsche Bank, Goldman Sachs, J. P. Morgan Chase, Merrill Lynch, Morgan Keegan, Morgan Stanley, Oppenheimer, Raymond James, Securities/Commodities Arbitration, SunTrust, UBS, Wachovia, Wells Fargo
Posted by Page PerryonDecember 5, 2008
Right before the stock market fell off a cliff in September, the news media were filled with stories about the regulators forcing investment banks to settle the claims of individual investors whose assets were stuck in frozen auction rate securities. It turns out, however, that many investors have fallen through the cracks. Obviously, the largest […]
Categories: Auction Rate Securities, Brokerage Firms, Oppenheimer, Raymond James, Regulatory Developments, Wells Fargo
Posted by Page PerryonSeptember 9, 2008
There will be some scary times for Wall Street firms in the months ahead according to Business Week writers David Henry’s and Mathew Goldstein’s September 8, 2008 article “More Trash Than Cash.” The writers portray a scenario that could result in tremendous chaos for both Wall Street firms and the capital markets. Christopher Whalen of […]
Categories: Bank of America, Brokerage Firms, Citigroup/Smith Barney, Credit Suisse, Deutsche Bank, Goldman Sachs, J. P. Morgan Chase, Lehman Brothers, Market Developments, Merrill Lynch, Morgan Stanley, Mortgage Securities & Collateralized Debt Obligation Problems, Oppenheimer, Raymond James, RBC Dain Raucher, SunTrust, UBS, Wachovia, Wells Fargo
Posted by Page PerryonSeptember 4, 2008
While regulators have announced tentative settlements with major Wall Street firms (Merrill Lynch, UBS, JP Morgan, Goldman Sachs, Morgan Stanley, Wachovia, Citigroup, and Deutsche Bank) that underwrote auction-rate securities, these settlements have not addressed the situation of thousands of investors that purchased auction-rate securities through smaller brokerage firms. Most of these smaller brokerage firms were […]
Categories: Auction Rate Securities, Brokerage Firms, Citigroup/Smith Barney, Deutsche Bank, Fidelity, Goldman Sachs, J. P. Morgan Chase, Merrill Lynch, Morgan Stanley, Oppenheimer, Raymond James, Regulatory Developments, SunTrust, UBS, Wachovia, Wells Fargo
Posted by Page PerryonSeptember 15, 2007
Federal and state regulators are investigating a widespread practice of brokers targeting seniors at “free lunch” seminars. Regulators warn that such seminars are among the top investment scams for 2007. Seniors and persons who may or may not be contemplating retirement are lured by complimentary meals, often at upscale hotels, restaurants, golf courses and retirement […]
Categories: Citigroup/Smith Barney, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Oppenheimer, Variable Annuities and Equity-Indexed Annuities