Posts for the 'Financial Fraud' Category
Medical Capital Class Action Lawsuit or Individual Arbitration Claim
In the wake of fraud charges filed over Medical Capital Notes by the Securities Exchange Commission, many investors are exploring their legal options to recover their investment loss. The securities fraud lawyers at Saiontz & Kirk, P.A. are investigating individual arbitration claims against brokerages who sold the Medical Capital investments.
>>INFORMATION: Medical Capital Notes Lawsuit and Arbitration Claims
Oppenheimer Champion Income Fund Lawsuits
The financial fraud lawyers at Saiontz & Kirk, P.A. are reviewing potential arbitration claims on behalf of investors in the Oppenheimer Champion Income Fund who have suffered losses in excess of $50,000. Potential Oppenheimer Champion Fund lawsuits are being reviewed throughout the United States and there are no fees or expenses unless a recovery is obtained.
Morgan Keegan Arbitration Lawyers are Still Reviewing New Cases
The Morgan Keegan lawyers at Saiontz & Kirk, P.A., have been reviewing potential arbitration claims for investors who lost money in several RMK Bond Funds since January 2008. New cases are still being reviewed for investors who have lost over $10,000.00 off of their initial investment.
Lehman Brothers Fraud Lawyers
The financial fraud lawyers at Saiontz & Kirk, P.A. are investigating potential Lehman Brothers lawsuits and stock broker arbitration claims for individuals who lost over $50,000.00 as a result of investments in Lehman Brothers, which filed for bankruptcy on September 15, 2008.
Morningstar Recommends Schwab YieldPlus Sell-Off
Since March 2008, the financial fraud lawyers at Saiontz & Kirk, P.A. have been reviewing potential Schwab YieldPlus arbitration claims for investors who lost over $10,000 of their initial investment in the ultrashort bond fund. While most shareholders withdrew any remaining investment months ago after they experienced losses in excess of 30%, there are still investors who are holding the shares. Last week, Morningstar analysts recommended that any remaining Schwab YieldPlus investors sell their shares, as it appears impossible for the fund to recover, even if the market does improve.
Morgan Keegan Lawsuit: Textbook Example of Poor Investment Structures
According to an article in the Memphis Business Journal, the growing number of Morgan Keegan lawsuits and arbitration claims filed this year, are likely to serve as textbook examples for college finance courses on poor investment structures. Thousands of investors who lost money as a result of fund managers’ decision to heavily invest in risky subprime mortgage backed securities, are now pursuing lawsuits against Morgan Keegan to recover their investment losses.
Read the rest of this entry »
Evergreen Ultra Short Class Action Suit Filed
Following last week’s announcement that Wachovia’s Evergreen Ultra Short Opportunities Fund will be liquidated after losing approximately 20% this month, several lawsuits have already been filed seeking class action status. Although many investors think that the only way to recover their losses is through a class action lawsuit, the financial fraud lawyers at Saiontz & Kirk, P.A. recommend that individuals who lost over $10,000.00 pursue an individual Evergreen Ultra Short arbitration lawsuit.
Evergreen Ultra Short Opportunities Fund Lawsuit: Cases are being reviewed
Wachovia’s Evergreen Ultra-Short Opportunities Fund has dropped 20% this year as a result of heavy investments in risky mortgage-backed securities. Managers of the mutual fund failed to disclose the full extent of the risks investors were exposed to, and those who lost over $10,000 may be able to recover their investment losses through an Evergreen Ultra Short Fund lawsuit. Read the rest of this entry »
Schwab YieldPlus Select shares continue to drop as investors pursue lawsuits
The value of Schwab YieldPlus Select Fund Shares fell another 4% over the last month, and the bond fund has tumbled nearly 35% from where it was at the beginning of last year. For an investment that was promoted as an alternative to cash or money markets, designed to provide income without substantial changes in share price, the Schwab YieldPlus decline has had devastating consequences for investors. For those who have lost over $10,000, the lawyers at Saiontz & Kirk, P.A. are providing free consultations to review the potential for a Schwab lawsuit.
Schwab YieldPlus Class Action Suits
Following the recent collapse of share prices for the Schawb Yield Plus Fund, many investors are exploring their legal options to recover money they lost. The lawyers at Saiontz & Kirk, P.A. represent investors who are pursuing individual claims against Charles Schwab for failing to properly disclose the nature of the risks associated with certain securities held by the bond fund. While Schwab YieldPlus Class Action lawsuits have been filed, individual investors who lost over $10,000.00 will likely be in a better position to recover their losses through an individual claim.
>>PRIOR POST (4/10/2008): Recover Schwab YieldPlus Losses
