Stock Broker Fraud Blog - Broker Fraud

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Disgruntled Investors Continue to File Securities Fraud Litigation Against Merrill Lynch Even Eight Months After Its Acquisition by Bank of America Corp.

Sep 2nd 4:23 pm

The plaintiffs of some 166 of the 221 cases filed against Merrill Lynch & Co. since January 1, 2009 are alleging securities fraud-related violations. This means that Bank of America Corp, which ac...

SEC Warns Broker-Dealers to be Mindful of Their Recruiting Bonuses

Sep 10th 8:09 pm

Securities and Exchange Commission Head Mary Shapiro is warning broker-dealers to be careful of the recruiting tactics they employâ€”especially those involving recruiting bonuses. She cautioned t...

Bank of America's Merrill Lynch unit agrees to $26.5 million national settlement stemming from Texas securities fraud claim

Sep 22nd 4:26 pm

Following a Texas securities fraud claim that Bank of America's Merrill Lynch, Pierce, Fenner & Smith Inc. allowed unregistered sales persons to sell securities, the Bank of America unit has...

Regions Bank Settles SEC Charges Over Latin American Investment Fraud Scam

Sep 24th 8:21 pm

Regions Bank has agreed to a $1 million fine to settle SEC allegations that it helped defraud some 14,000 investors. Most of the affected investors are based in Latin America. According to the SEC, ...

UBS Securities, Citigroup Global Markets, and Deutsche Bank Securities Agree to FINRA Sanction Over Vonage IPO

Sep 28th 5:54 pm

Citigroup Global Markets, Deutsche Bank Securities, and UBS Securities have agreed to pay fines for Financial Industry Regulatory Authority sanctions over their handling of Vonage LLC stock's init...