Soreide Law Group is currently investigating these collateralized loan obligations (CLOs): Bryn Mawr CLO II Ltd., and LCM VII Ltd(Lyon Capital Management). Bank of America was the underwriter and sold several CLO’s, including Bryn Mawr and LCM VII. Many of these CLOs resulted in huge losses for the investors. The state of Massachusetts is currently […]

The Financial Industry Regulatory Authority (FINRA) has fined Guggenheim Securities, LLC, of New York, $800,000 for failing to supervise two collateralized debt obligation (CDO) traders who engaged in activities to hide a trading loss writes the editor of the Corporate Crime Reporter in a recent article. Also, Alexander Rekeda, the former head of Guggenheim’s CDO […]