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Did You Lose Money with the
Madoff Securities Ponzi Scheme?
If you have a Bernard Madoff
Securities brokerage statement that shows you had securities in your
account as of December 11, 2008, you should file a claim with the
SIPC to recover your losses.
But, you should have us file
the claim and correspond with SIPC. If you do this on your own, it
could be a disaster.
SIPC claims take
expertise. Don’t hire someone who has never handled one, and who
gets his “training” in this area on your claim. It could be the most
expensive mistake you ever make.
Click Here for info on the Madoff
Fund Ponzi Scheme
Did you lose money on
Fanny Mae Securities?
Based on what we know about how Fanny Mae preferred stock was sold to
the public, it is apparent that while Fanny Mae was redeeming its
corporate bonds (backed by the full faith and credit of the U.S. Govt.)
brokerage firms were selling a boat load of their preferred. As you
learned the hard way, the preferred is not anything like their bonds.
The problem is that brokers misled the public about the safety of Fannie
Mae preferred stock.
If you were one of those that were misled about your investment in
Fannie Mae preferred stock, we can help you recover these losses.
The class action will likely get
you just a few pennies on the dollar, probably between 5-10%, while we
may get you ALL, 100% of your loss back, plus interest!
Bitten by a 1031 TIC?
If you own real estate as a Tenant in
Common with a group of strangers; you got there with the help of a
stock broker; and you are now watching the property suffer financial
difficulties ... you are not alone.
CLICK HERE TO
LEARN MORE ABOUT HOW TO RECOVER YOUR
LOSSES IN 1031 TAX DEFERRED REAL ESTATE EXCHANGES PURCHASED AS
TENANTS IN COMMON.
Did You Purchase an ABC Viatical?
If you purchased an ABC Viatical
through a registered broker dealer, we can recover your losses. If
you are depending on the class action to recover those losses, you
will be sorely disappointed. Most investors will be lucky to get
back 10% of their investment. Call us
today and learn how we can help you recover your losses. Click
to learn more about the ABC
Viaticals SEC Litigation Release.
Did Schwab Yield Plus Cost You Money?
If you lost money in
Schwab YieldPlus Funds, please call and find out how you may recover those losses. We
have spoken with several investors that were told by their Schwab
brokers, this was a "safe, secure investment". The reality, nothing
could have been farther from the truth. Back in the early 90's we
dealt with a some what similar situation with the Dean Witter High
Yield Fund. It too was marketed directly to investors looking for
safety, when it should have sold to investors wanting to speculate.
Different culprits, different victims, same old same old.
Call us
today and we will show you how to recoup your losses
from Schwab Yield Plus.
Did you lose money at Bear Stearns
or in Bear Stearns Securities?
Call now for expert advice on how to proceed.
Investors have been led astray by Bear Stearns
execs. Bear Stearns management utterly failed to properly disclose
the potential risk to their net worth on risky mortgage backed
securities. They margined these securities with valuations that were
not independently determined by the market place but by themselves.
These mortgage related losses were not due so much to "illiquidity"
as they like to say, but by greed and lies. Click to read more about
Bear Stearns losses.
Do you have losses with
Bankers Integration Group or BIG FNI?
If you invested in the securities of this company we may be able
to help you recover your investment losses. Please contact us for a
free stock fraud case review.
Have you lost money in Commodities
/ Options??
We have filed several complaints over the last few months, where the
losses are in the $100-200k range and the commissions are in the $50,000
to $100,000 range for people trading commodities options. The reason why
the commissions are so high is that in a bull market the clients often
make money, but that is because they take small profits. When the
eventual big loss comes, the broker does not have big profits to offset
the big loss. That is why churning always ends up with the clients
losing. These brokers do the opposite of what they are supposed to do,
namely let your profits run and cut your losses short.
If you have suffered from this type of trading in your account, we
may be able to help you recover your losses. Please
contact us immediately for a free, confidential
consultation.
Did you get "Burned and Churned"
by your Broker Dealer?
During the recent bull market, some of the smaller
broker dealers have engaged in excessive trading in their clients
accounts. We have filed some investment fraud complaints with with losses of
$100,000 to $200,000 and total commissions of over $100,000! If
you think your broker excessively churned your account, please
contact us immediately for a free, confidential
consultation (Examples of smaller broker dealers are JP
Turner, Joseph Stevens & Co. and Oppenheimer.)
Attention Wachovia and First Clearing customers:
Did your broker sell you risky investments even though you never wanted to take a lot of risk. Brokers are supposed to ask for a customer's risk tolerance up front, and only recommend investments that fit.
Wachovia and First Clearing recommended the risky investments that they wanted to sell, and then changed their records to reflect that risk was what the customer wanted.
Over 300,000 Wachovia brokerage customers had their investment objectives changed, but were never sent a written notification of that change from Wachovia – even though written notification was required.
Securities regulators have fined Wachovia and First Clearing over $1 million for their failure to provide required written notifications to over 800,000 of their customers whose investment objectives were changed over the past 5 years. If you were one of those customers, you might have a claim against Wachovia or First Clearing for your investment losses.
If you lost money in your Wachovia or First Clearing account, give us a call!
Joseph Stevens & Co.
We are currently representing several clients in cases involving
misrepresentation, unsuitability, unauthorized trades, and excessive
trading. If you believe you may have been victimized by
Joseph Stevens & Co we can help recover your investment losses"
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More Investment Fraud Alerts
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