In what is being described in the media as the largest financial fraud perpetrated on the American public in U.S. history, recent investigations by both federal and state regulatory agencies have revealed that Wall Street took millions of dollars over the last few years from Main Street—the public investor. These losses were not due to bad luck, the daily nuances of market fluctuation, or the proverbial “bear market”. To the contrary, these losses suffered by public investors were a direct result of fraud, deceit, conflicts of interest, breach of fiduciary duty, and manipulation by some of the largest and most respected financial institutions in America. Even more appalling, these fraudulent business practices were routine and went to the very top of the corporate hierarchy.

 

As a result of this willful and malicious conduct, several of these Wall Street brokerage houses have been required to pay some of the largest fines and penalties in U.S. history by federal and state regulators. However, restitution to individual public investors was not part of the package. Individual investors must now pursue their claims against the brokerage houses in order to try to get their money back.

 

If you think that you may have a financial loss claim, please contact me for a confidential evaluation.