Fraud Blogwire

updated at 18:16

• Wachovia Securities Agrees to $1.4 Million FINRA Fine for Failure to Deliver Prospectuses to Customers

  —Stock Broker Fraud Blog

  FINRA is fining Wachovia Securities, LLC $1.4 million for its alleged failure to provide customers with product descriptions and prospectuses between July 2003 and December 2004, as well as for related supervisory failures. A probe conducted by the SRO determined that the broker-dealer did not provide the [...]

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  Posted: July 03, 2009, 4:40pm EDT
  by Shepherd Smith & Edwards

• Stand By Me

  —Lovefraud Blog

  Number of comments: 4
  When I first was released from the relationship that was killing me, I felt lost, frightened, alone. I needed to focus my attention on something bigger than me, something beyond the despair of having being abused. I needed to connect to people who didn’t know me, didn’t know my story, [...]
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  Posted: July 03, 2009, 2:39pm EDT
  by M.L. Gallagher

• Law Trails Behind as Disputes Over Genetic Patents Intensify

  —ABA Journal Top Stories

  After being diagnosed with an aggressive type of breast cancer, Lisbeth Ceriani had a double mastectomy last year followed by chemotherapy that caused her hair to fall out in clumps. Just when she thought the worst was over, she learned that some of the genes in her body that led [...]
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  Posted: July 03, 2009, 11:00am EDT
  

• My Space Related Case - No Sentencing Today

  —White Collar Crime Prof Blog

  The Lori Drew case was scheduled for a hearing today and the question was whether she would be sentenced or perhaps the case dismissed. According to press reports it looks like it may be the latter, although everyone is calling... [...]
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  Posted: July 02, 2009, 9:38pm EDT
  by White Collar Crime Prof Blogger

• THE SEC: AT A CROSS ROADS ON A HOLIDAY WEEKEND

  —SEC ACTIONS

  On Friday July 3, 2009, the markets, courts, SEC and most businesses are closed in celebration of the July 4th holiday. At this half way point in the year, the Securities and Exchange Commission is at a cross roads.

  On one road there are far reaching market reform proposals authored [...]

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  Posted: July 02, 2009, 8:55pm EDT
  by T. Gorman