On May 24, 2016, the Supreme Court of Delaware issued an opinion in the case Citigroup Inc., et al. v. AHW Investment Partnership, MFS, Inc., which considered the issue of whether the claims of a plaintiff against a…
Securities Fraud
United Development Funding IV (“UDF IV”) a real estate investment trust based in Texas and sponsored by United Development Funding, disclosed in a Securities and Exchange Commission (“SEC”) reporting that it has defaulted on a loan with a…
American Growth Funding II LLC (“AGF II”), AGF II’s owner Ralph Johnson (“Johnson”), Portfolio Advisors Alliance (“PAA”), PAA’s owner Howard Allen (“Allen”), and PAA’s president Kerri Wasserman (“Wasserman”) were charged with securities fraud by the Securities and Exchange…
UDF Investors Retaining the Peiffer Wolf Carr & Kane Securities Lawyers for Class Actions and Cases Against Brokerage Firms That Recommended UDF Investments Recently securities lawyer Joe Peiffer, a partner with the Peiffer Wolf Carr & Kane law…
Berkeley-based Wine Retailer Premier Cru, under its Corporate Name, Fox Ortega Enterprises, Petitioned for Chapter 7 Protection under Federal Bankruptcy Law; Premier Cru Lists Just $7 Million in Assets, including $6.8 Million Worth of Wine, and $70 Million…
George W. Montgomery, Whose Partner was Indicted on More than 60 Felony Charges and Was Facing Eviction and Was “Main Target” of a Criminal Case before before Purportedly Falling to Suicide from Multiple Gun Shots Have you lost…
Dawn J. Bennett, Host of “Financial Myth Busting” and Founder of Bennett Group Financial Services in Washington D.C., Allegedly Inflated Her Firm’s Assets by Much as Five Times Actual Amount Dawn J. Bennett, 53, Host of “Financial Myth Busting”…
American Growth Funding II LLC (AGF II) and Ralph Johnson Allegedly Lied to Investors Repeated Times Regarding Purchases of High-Yield Securities, No Audits of AGF II until 2014 American Growth Funding II LLC (AGF II) and its owner…
Timothy S. Demski and Scott Stephan Allegedly Developed an Untested Algorithm Composed of Day-trading ETFs Walter F. Grenda, of Hamburg, NY and Timothy S. Dembski, of Lancaster, NY, allegedly made false and misleading statements to their clients, recommending…
Larry Werbel, of Suburban Cleveland, Allegedly Located Investors, and Urged them to Buy $3 Million in Shares of VGTel, Inc. (VGTL) Larry Werbel, a Chagrin Falls, Ohio financial adviser, allegedly assisted to orchestrate a scheme wherein he purportedly…