Securities Arbitration Blogs

The state of Ultrashort bond fund market has wreaked havoc on investors and created massive financial losses for many investors. The Fidelity Ultra-Short Bond Fund, symbol: FUSFX is the subject of investigation by Napoli Bern Ripka and from investors who say the funds were marketed to them as safe investments that [...]

U.S. Justice Department officials said today that Bank of America has agreed to pay $137.3 million to resolve allegations of bid rigging in the municipal bond industry. B of A entered a global agreement with 20 states and four federal agencies, including the Securities and Exchange Commission. According to SEC documents, [...]

The specialized Securities Fraud Department Napoli Bern Ripka LLP is investigating arbitration claims on behalf of individuals who lost money investing in Proshares Ultrashort Financials Fund (the “SKF Fund”), a leveraged exchange traded fund (“ETF”) offered by Proshares Trust.
Proshares Trust, the fifth largest provider of ETF’s in the United States, [...]

Napoli Bern Ripka, LLP is currently seeking clients who have incurred losses investing in Medical Capital Holdings. In July 2009, the Securities and Exchange Commission (SEC) sued Medical Capital for fraud, claiming that the company misappropriated $18.5 million of investors’ money and misrepresented its own business records by covering up [...]

When an investor opens up a new brokerage firm, the investor signs a contract binding them to arbitration. This article outlines suitability claims – one of the most common type of arbitration dispute between customers and brokerage firms.
Claims of unsuitable recommendations are usually based on Financial Industry Regulatory Authority (FINRA) [...]