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....

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...

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...

JUDGE RULES AGAINST LAW FIRM IN SANCTIONS MOTION

On behalf of Girard Bengali, APC on Thursday, May 2, 2019. Workers are generally entitled to equal pay and other protections based on gender and other attributes. A $100 million lawsuit against the law firm Morrison & Foerster LLP, which was originally founded in California and has an office in Los Angeles, claims that pregnant workers were...

FINRA SANCTIONS BROKER FOR UNDISCLOSED CUSTOMER LOAN

On behalf of Girard Bengali, APC on Monday, April 29, 2019. The Financial Industry Regulatory Authority (FINRA) suspended a prominent broker who provided financial services in California and across the country. The suspension came after the man allegedly borrowed $200,000 from one of his customers in 2013 without informing his employer at the time, LPL Financial. The...

MAN RECEIVES FINRA BAN IN BITCOIN CASE

On behalf of Girard Bengali, APC on Monday, April 22, 2019. The Financial Industry Regulatory Authority (FINRA) has recently banned a trader involved in a $1.5 million Bitcoin scheme. The trader told investors that they could buy the Bitcoin at a discount and receive higher than normal returns. According to FINRA, the money was sent to the...