U.S. District Judge Kiyo Matsumoto's dismissal of a class action lawsuit against David Lerner Associates Inc. earlier this week was a major victory for the Long Island-based financial adviser writes Andrew Osterland in an April 5th., 2013, article for InvestmentNews.com. “Plaintiffs' belabored Complaint appears only to confirm that the Apple REITs are currently functioning in […]

In an April 4th., 2012, article from InvestmentNews.com, Liz Skinner writes that brokerage firm David Lerner Associates Inc. was ordered to pay more than $3.7 million in fines and restitution for overcharging retail customers on sales of more than 1,500 municipal bonds and 1,700 collateralized-mortgage-obligation transactions. The Financial Industry Regulatory Authority Inc. (FINRA) hearing panel found the […]