Blum Law Group has commenced an investigation into the activities of UBS Financial with relation to its clients who purchased stocks or bonds over the past 24 months. Investors who sustained losses at UBS or in their investment accounts should contact Blum Law Group
at 1-877-Stock Law (786-2552) or email us at blum@stockattorneys.com for a free case evaluation.
Blum Law Group has commenced an investigation into the activities of David Lerner and David Lerner Associates, Inc., based in Syosset, New York with relation to its clients who purchased Apple REITs. David Lerner was recently banned from the securities industry for a year and his firm ordered to pay $12 million for misleading investors into buying real estate investment trusts. Investors who sustained losses in David Lerner Associates, Inc. or Apple REIT investment accounts should contact Blum Law Group at 1-877-Stock Law (786-2552) or email blum@stockattorneys.com for a free case evaluation.
Blum Law Group has commenced an investigation into the activities of JW Korth & Company, based in Miami, Florida, with relation to its clients who purchased Banco Cruzeiro do Sul SA bonds. James W. Korth is their Managing Partner. Investors who sustained losses in JW Korth & Company or Banco Cruzeiro do Sul SA investment accounts should contact Blum Law Group at 1-877-Stock Law (786-2552) or email blum@stockattorneys.com for a free case evaluation.
The former chief executive of the failed brokerage firm Peregrine Financial Group (PFG), who last month wrote a note admitting that he had committed a long-ranging investment fraud, pleaded not guilty on Friday to lying to federal regulators. Federal prosecutors charged Russell Wasendorf Sr., the former head of Peregrine, with 31 counts of deceiving regulators about the value of his customers’ accounts. If convicted, he would face a maximum prison sentence of 155 years.
Blum Law Group is representing investors who lost money that was invested at PFG or through their Introducing Brokers, such as Liberty Trading Group. Just because you lost money does not mean you have a case. Rather, the Blum Law Group will provide a free case evaluation to determine if you have a claim worth filing. If you do, our law firm handles cases on a contingency fee so if we do not recover money for you, you will not pay any attorneys fees. Call us ASAP at 1-877-Stock Law (1-877-786-2552) or go to http://www.stockattorneys.com.
Blum Law Group has commenced an investigation into the activities of Liberty Trading Group, based in Tampa Florida. James Cordier is their President. On Monday, July 9, 2012, the NFA announced banking irregularities at Liberty Trading Group's clearing firm, PFG (Peregrine Financial Group Inc). What this means is that clients can only close out any of their positions. There is a hold placed on all incoming and outgoing wires and checks, as per the NFA. Investors who sustained losses in Liberty Trading Group or PFG investment accounts should contact Blum Law Group at 1-877-Stock Law (786-2552) for a free case evaluation.
The Law Offices of Blum Law Group is currently investigating the LaeRoc Funds, including the Laeroc 2002 Income Fund LP, Laeroc 2004-2005 Income Fund LP, Laeroc 2005-2006 Income Fund LP, Laeroc Edge Fund LP and Laeroc Income Fund 007, LP.
The Laeroc funds are real estate private placements (under Regulation D) that were sold by brokerage firms like LPL Financial LLC and Commonwealth Financial Network. According to its website, Laeroc Funds is a real estate investment firm managing over $650 million in assets in the last 23 years and has created 14 funds. The Company focuses on income producing properties in the western US with a concentration in southern California.
Many of the Laeroc funds have suffered substantial declines in value. Laeroc 2002 Income Fund, L.P. recently announced the dissolution of the fund to its investors. While the Laeroc 2005-2006 Income Fund LP is currently attempting to raise another $11 million to $14.5 million to pay off at least $49 million of debt. This fund recently issued a cash call to investors, asking investors to contribute additional money for preferred partnership status.
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