SPACs & the Risks of Investing in Blank Check Companies
Wall Street’s fastest growing trend is investing in Special Purpose Acquisitions Companies (“SPACs”). SPACs are a way for private companies to go public without having to go through the traditional...
View ArticleFINRA is Cracking Down on Improper Options-Trading Approval and Lack of...
In recent years, options trading has become more popular with investors. Because of the high risks associated with options trading, FINRA imposes specific rules and guidelines relating to trading...
View ArticleRIK Files Several Multi-Million Dollar Claims Related to Options Trading
Although some registered representatives and financial firms downplay the risks involved with options trading, in reality, options trading can be an aggressive strategy that may entail high risks....
View ArticleWith the Reopening of In-person Hearings, Investors Will Continue Recovering...
Investors lost millions in UBS’s high-risk Yield Enhancement Strategy (“YES”). Despite UBS’s claims that this was a low-risk strategy and that losses were protected by hedging put and call options,...
View ArticleUBS’s Yield Enhancement Strategy (“YES”) Is Not an Iron Condor
Hundreds of investors have been duped by UBS’s Yield Enhancement Strategy (YES). In its marketing materials, UBS told investors that its YES strategy was an Iron Condor, a generally low risk options...
View ArticleUnsuspecting Investors Lost Millions Due to UBS’s Failure to Make Adequate...
Many investors of UBS’s Yield Enhancement Strategy (“YES”), if not all, would never have invested in YES if UBS made full and fair disclosures related to its risks. YES was marketed as an overlay...
View ArticleLiquidating or Exchanging Annuities May Be Unsuitable for Investors
Annuities are insurance contracts that make routine payments to customers either immediately or at some point in the future. This insurance contract allows investors to protect and grow their...
View ArticleRIK Won the Largest Award Against UBS Relating to Its YES Options Strategy
The investment fraud attorneys at Rich, Intelisano & Katz won a $5.2 million FINRA arbitration award for their clients, George and Sandra Schussel, in a case relating to UBS’s Yield Enhancement...
View ArticleRich, Intelisano & Katz Lawyers Investigate Regulation D Offerings Issued by...
HJ Sims & Co. Inc. (“HJ Sims”) appears to have used Regulation D (“Reg D”) offerings to pass its risk of loss onto its customers while it retained the potential for significant gains. A scheme...
View ArticleRIK Attorneys Won $3.2 Million for their Clients Against UBS Relating to Its...
The investment fraud lawyers at Rich, Intelisano & Katz (“RIK”) won $3.2 million for their clients, Bret and Marion Pearlman, in a recent FINRA arbitration against UBS. The Pearlmans’ claim was...
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