Brokers Countersue to Thwart Suits by Unhappy Investors

Photo credits: Cheryl Gerber for The New York TimesJoseph C. Peiffer of the law firm Peiffer Rosca Wolf Abdullah Carr & Kane in New Orleans said he was stunned when Berthel countersued an investor he is representing in a Finra case. “I thought, ‘Could the firm really be saying they can do whatever they want because my client signed a private placement memorandum?’ ”…  Continue reading here

Photo credits: Cheryl Gerber for The New York Times

Alan Rosca (1247 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.