The Financial Industry Regulatory Authority, also known as FINRA, has recently established a new hotline for older investors. The new toll-free Securities Helpline for Seniors is: 1-844-57-HELPS (1-844-574-3577) Within the past four weeks, approximately 350 calls have come in from seniors looking for more information about investment products. They are also able to report broker […]

Soreide Law Group is representing B.C. Zielger and Company clients who were sold bonds in The Groves in Lincoln, Inc., many of whom are senior citizens who were sold these bonds as safe income producing investments that were suitable for their retirement portfolios. The Groves in Lincoln, Inc., a not-for-profit owner and operator of a […]

In a recent MoneyWatch article, Steve Vernon writes that investment fraud and financial abuse targeting the elderly is a major problem today, according to a recent survey by the Investor Protection Trust and Investor Protection Institute. The top three ways in which seniors are exploited are: Theft of diversion of funds or property by caregivers […]