Ally Financial Investigated for Possible Securities Fraud

One of America's most well-known bank-holding companies, Ally Financial Inc., is being investigated for security fraud for alleged misconduct regarding the company's stock exchange. This Ally Financial class action investigation is looking into the possibility that Ally Financial executed questionable business actions... Read More »


Securities Fraud Allegations Prompt Investigation Into Ally Financial

Securities fraud is an increasingly widespread problem for individual and institutional investors. As recent headlines demonstrate, shareholders are too often the most severely affected victims of financial mismanagement and manipulation by companies and the professionals who assist them. One of these potential... Read More »


Securities Attorneys Seek Ally Financial Stock Purchasers

Class action lawyers are investigating Ally Financial for possible violations of securities law, and are seeking purchasers of that company’s stock. Ally Financial securities have drawn much negative attention from federal enforcement agencies in recent years. In 2013, Ally agreed to pay hundreds of... Read More »


McDonald’s 401k Program Under Legal Scrutiny

Despite praise from various sectors of the financial industry, the 401k program offered to McDonald's managers has come under scrutiny as a McDonalds 401k class action lawsuit investigation is launched. McDonald's offers its managers a matching program for money invested in their... Read More »


McDonalds Investigated over Risky 401k Investment Choices

An investigation has been launched into claims that the world’s most popular fast food chain, McDonalds, made unsuitable portfolio investments and caused managers to lose money in their 401k retirement funds. McDonalds provides an employee 401k plan as part of its employee... Read More »


McDonalds Employees 401k Plan Under Investigation

There are thousands of McDonalds employees across the nation who rely on McDonalds' 401k plan as their source of retirement income. McDonalds has the legal responsibility under the Employee Retirement Income Security Act of 1974 (ERISA) to protect the retirement for a... Read More »


Financial Fraud Tool Launched by CFTC

Financial fraud is on the rise, according to U.S. government financial watchdog the Commodity Futures Trading Commission (CFTC). In response to the increase of financial fraud across the nation, this commission has launched a consumer education campaign and accompanying website with the... Read More »


UBS Mutual Fund Class Action Alleges Financial Mishandling

A group of investors in Puerto Rico allege that a major financial services firm took advantage of investment loopholes, engaged in shady activity, and failed in its fiduciary duty, according to a UBS mutual fund class action lawsuit. Legal requirements in the… Read More »


Elder Financial Abuse Examined

One of the biggest social epidemics in the United States is the trend of elders being taken advantage of for financial gain.  Classified as financial elder abuse, senior citizens often find themselves the targets of exploitation because of their weakened physical and… Read More »


Annuity Fraud Makes 2014 IRS Dirty Dozen List

The Internal Revenue Service issued its annual “Dirty Dozen” list of tax scams, cautioning taxpayers to protect themselves against a wide range of schemes this tax season. “Taxpayers should be on the lookout for tax scams using the IRS name,” said IRS… Read More »


Annuity Fraud Case Comes With a Dark Twist

Life insurance and annuity fraud scams can take a wide range of forms, but one recent case is particularly dark. The Securities and Exchange Commission (SEC) received a complaint that two brokers intentionally defrauded customers by luring people to invest in contracts… Read More »


Federal Judge Trims Annuity Fraud Allegations against ING

A California federal judge on March 4 dismissed several claims against ING USA Annuity and Life Insurance Co. for allegedly selling life insurance contracts to senior citizens that did not pay out as promised. The judge found that the purchasers could only… Read More »