Blog & Investigations

We recently resolved an options-trading case for one of our retail investor clients. The client had a once-in-a-lifetime financial event when he sold a business. After using some of the proceeds to support his mother and siblings, he engaged a…

After fifty hours of deliberation that stretched over seven days, a San Jose jury convicted Theranos Founder Elizabeth Holmes of four counts of defrauding investors with her claims about her company’s blood-testing technology. The case has received widespread media attention, spawning best-selling books,…

Representing executives of five environmental non-profits, we have filed an SEC whistleblower complaint against the Japan International Cooperation Agency (JICA), an arm of Japan’s government. JICA has materially harmed U.S. investors and threatens to exacerbate climate change by financing coal-fired…

Representing father-and-son investment advisors in New Jersey, the firm secured a 100% victory in a FINRA arbitration brought by a former customer. On the basis of our written submissions, including multiple detailed affidavits and dozens of exhibits, the arbitrator ruled…

In late 2020, FINRA sent to the SEC for its final review and approval a set of changes to the expungement process that would fundamentally reshape the legal landscape in this area. FINRA’s proposal runs to 557 pages, so we’ll limit our…

Our firm is co-counsel to the plaintiff in a Dodd-Frank whistleblower action pending in the United States District Court for the Southern District of New York, Gupta v. New Silk Route Advisors, L.P., et al. The case recently attracted significant attention…

With the stock market plummeting and the years-long bull market at an end, many investors are feeling some combination of panic, resignation or at the very least, deep concern. Many investors, when they see significant losses in their portfolios—whether realized…

Think Advisor recently published a piece by executive recruiter Mark Elzweig titled, “Six Steps to Take Before You Build a Team,” which featured thoughts and insights from Kevin Galbraith on the topic of how financial advisors can protect their legal and economic…

The Securities Exchange Commission (SEC) has proposed a major change to the rules governing investment advisers. Under the proposed rule, advisers would be empowered to post testimonials, endorsements and third-party ratings on social media, ending a decades-long ban on many types…