LPL Slapped with $8.5M Claim by Amusement Park Heiress
- Saturday, 30 March 2013
- News Roundup
Maureen Sloan, who is an heiress to the Knott’s Berry Farm theme park, has filed a claim against LPL Financial claiming one of its brokers lost $8.5 million with a fraudulent investment and with inappropriate trading of preferred stock, reports InvestmentNews.
Read more...Avoid the Regulatory Pitfalls of Alternative Investments
- Sunday, 17 February 2013
- Markets & Investments
Investors’ growing appetite for yield and an aversion to traditional equities has caused a stampede into alternative investments, raising eyebrows of regulators, who say that fraud associated with sales of the products is increasing.
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