Investor Education

Unregistered Securities Agents Involved in Fraudulent Sale of Diversified Energy Group Bonds to Michigan Investors

Unregistered Securities Agents Involved in Fraudulent Sale of Diversified Energy Group Bonds to Michigan Investors

In June of 2016, Jane Evola of Macomb, Michigan and Nancy Bartolameolli of Troy, Michigan were ordered to cease and desist from selling unregistered, non-exempt securities in the State of Michigan after State regulators developed evidence that the duo had participated in the fraudulent sale of unregistered, non-exempt bonds issued by Diversified Energy Group, Inc.…

Looking for Assistance Recovering Investment Losses from Puerto Rico Bonds and Bond Funds? Call the Investor Rights Attorneys at Mika Meyers, PLC For a Free No-Obligation Consultation

Looking for Assistance Recovering Investment Losses from Puerto Rico Bonds and Bond Funds? Call the Investor Rights Attorneys at Mika Meyers, PLC For a Free No-Obligation Consultation

Puerto Rico has been in an economic decline since 2006, when corporate tax loopholes closed, causing a substantial outflow of manufacturing business back to the mainland.  The global financial crisis that followed exacerbated the problems further. One consequence of this economic decline has been a rapid increase in the U.S. territory’s debt obligations.…

Shining a Light on Investment Abuse

Shining a Light on Investment Abuse

This short educational video released by the Public Investor’s Arbitration Bar Association Foundation examines the recent Wells Fargo scandal and the conflicts of interest that drive brokers and financial advisors to betray their clients’ trust. The video features victims of investment abuse and attorneys who explain why investors are hesitant to hold their brokers and financial…

Claims Under the Michigan Uniform Securities Act – Part II

Claims Under the Michigan Uniform Securities Act – Part II

Section 509(4) – Unregistered, Non-Exempt Broker-Dealers Section 509(4) of the Michigan Uniform Securities Act states that “[a] person acting as a broker-dealer or agent that sells or buys a security in violation of section 401(1), 402(1), or 506 is liable to the customer.” MCL 451.2509(4) (emphasis added). Section 401(1) of…