Category Archives: Uncategorized

UBS Lawsuits: Y.E.S. Investments Two Thumbs Down

Girard Bengali, APC, is currently representing clients of UBS who lost money in the YES (Yield Enhancement Strategy). YES was marketed as a safe investment strategy, but unfortunately it was much riskier than investors anticipated and many have lost significant investments.You may be entitled to a recovery of your losses - contact our SEC &...

FINRA Arbitration Panel Awards $347k for Girard Bengali Client

In an article published today at FinancialPlanning, Girard Bengali, APC partners Robert Girard and Omar Bengali were quoted in relation to the recent award for their client, Laguna Financial Group. The panel ordered Schwab to pay $347,000 in damages and legal fees to Joseph Ziomek, who accused the firm and Purshe Kaplan Sterling Investments of...

Another Win In The Fight Against Corporate Greed

Firm partners, Robert Girard and Omar Bengali, were today quoted in an article about the firm's recent victory for their client. Summary: Charles Schwab & Co. Inc. ordered to pay $347,000 to Laguna Financial Group Former chief compliance officer of the firm secretly established her own business to compete with LFG while still working at...

WHAT TO DO AFTER BEING HANDED THE FORM U5

On behalf of Girard Bengali, APC on Monday, June 3, 2019. As Wall Street's standards continue to change and evolve, many financial advisers in Los Angeles and around the country are being terminated for relatively minor infractions. Once they receive a Form U5, they must come up with a long-term plan for getting back on their feet....

Be careful when signing a severance agreement

On behalf of Girard Bengali, APC posted in employment law counseling on Friday, May 10, 2019. It has become almost customary for California companies to offer executives and other professionals in the Los Angeles area what is referred to as a severance agreement when they decide to let these types of employees go. Severance agreements...

Tags: Employment Law Counseling, Securities Arbitration And Litigation

FINRA COULD IMPOSE NEW REGULATIONS ON BROKER-DEALERS AND FIRMS

On behalf of Girard Bengali, APC on Tuesday, May 28, 2019. Brokers and financial firms in California and nationwide may be interested in a report that the Financial Industry Regulatory Authority could crack down on over 60 firms after proposing a new rule. The authority oversees over 3,700 broker-dealers engaged in securities transactions. While a FINRA executive...

U.S. WOMEN’S NATIONAL TEAM FILES LAWSUIT

On behalf of Girard Bengali, APC on Monday, May 20, 2019. Soccer fans in California and throughout the country generally acknowledge that the women's national team has had more success than the men's team. However, the women's team has filed a gender discrimination claim against the U.S. Soccer Federation (USSF). The lawsuit claims that the USSF has...

FINANCIAL REGULATOR PROPOSES NEW RULE

On behalf of Girard Bengali, APC on Monday, May 13, 2019. Most brokerage firms and brokers in California and throughout the country take steps to ensure compliance with applicable regulations. However, some do not make an effort to comply with the financial laws and regulations. To help combat this problem, FINRA has proposed a rule that require...

CAN YOU TRUST YOUR FINANCIAL ADVISOR?

On behalf of Girard Bengali, APC on Monday, May 6, 2019. Finding a broker you can trust is not always easy. Even a financial advisor who comes highly recommended by a friend may not be a good fit for you. You want someone who will be straight with you and guide you in making decisions that will help you...