January 24, 2012
Another sad story about a stockbroker taking advantage of an elderly client. According to Forbes, Ralph Edward Thomas Jr. of Baltimore misused his elderly client’s funds in a number of ways, including: Between June 2006 and May 2009, without permission, and through forgery, Thomas initiated three mortgages in the name of KL on her personal […]
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July 31, 2011
According to the Securities Law Prof Blog, FINRA fined SunTrust in connection with its sales of auction rate securities. The blog reports that: SunTrust RH and SunTrust IS used advertising and marketing materials that were not fair and balanced, and did not provide a sound basis for evaluating all the facts about purchasing ARS. Specifically, the […]
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