This article continues my in depth look into how unsuspecting investors are sold speculative private placements. While investors were told that Fisker Auto’s prospects were fantastic, nothing could have been further from the truth. In February 2012, the DOE loan had been frozen after $192 million had been given to…
La caída en los precios de los bonos de Puerto Rico ha causado pérdidas financieras sustanciales a los inversionistas en activos que les fueron vendidos como como bonos seguros y garantizados. Según el New York Times, la raíz de los problemas de Puerto rico es el hecho de que 3.7…
The Financial Industry Regulatory Authority (FINRA) recently sanctioned Capstone Asset Planning Company (CAPCO) alleging that from 2010 through 2012, CAPCO distributed communications to the public concerning the Capstone Fund that failed to accurately reflect the change in the fund’s performance. In addition, FINRA alleged that the Capstone Fund’s website contained…
The steep decline in prices of Puerto Rican bonds has caused local investors substantial investment losses in assets that many are claiming were sold to them as safe and secure bonds. According to a New York Times article, Puerto Rico’s woes stem from the fact that its 3.7 million residents…
Gana Weinstein LLP is pleased to announce that it has added David I. Wax as of counsel to the firm. Mr. Wax brings to the firm significant experience managing complex commercial litigation matters from inception and discovery through motion practice and trial. Mr. Wax has represented a variety of clients over…
Adam Gana is selected to the National Trial Lawyers Top 100 Trial Lawyers. The attorneys selected for this prodigious honor are selected by invitation-only and is composed of the premier trial lawyers from each state in the nation who meet detailed and mandatory qualifications as civil plaintiff and/or criminal defense trial…
Avvo is a free website that helps consumers review attorneys and also provides an expert-only question and answer forum where people can ask legal questions. Launched in 2007, Avvo has developed a rating scale for lawyers based upon a proprietary algorithm. Recently Avvo ranked Adam Gana a “10/10” for his…
Gana Weinstein LLP’s Adam Gana was quoted today in a Reuters article exploring the investing habits of several attorneys who prosecute securities fraud cases against brokerage firms and individuals. Having seen many investments go sour through unforeseen risks and failure to disclose, the attorneys featured stated that they tended to…
Most investors chose there financial advisers based on the broker’s personality. However, that is a mistake. Liking your financial adviser is important, but before you invest your life savings with someone, there are seven steps you should take: 1. Know your investment objectives and try to properly articulate those objectives…
The New Jersey Bureau of Securities alleged that Morgan Stanley violated state securities laws and regulations in connection with the sale of non-traditional Exchange Traded Funds (ETFs), including leveraged ETFs and inverse leveraged ETFs. Non-traditional ETFs use derivatives and debt to magnify market returns. There are several types of non-traditional…