Fraud Fighting 101: Smart Tips for Older Investors

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Even if you have never been subjected to an investment fraudster's sales pitch, you probably know someone who has... More here>>

 A judge granted final approval Wednesday to Merrill Lynch & Co.'s $125 million settlement of 20 consolidated class actions accusing the prominent bank of misleading investors in their reports on Internet companies. Judge John F. Keenan of the U.S. District Court for the Southern District of New York granted the plaintiffs class certification and gave his final assent to the settlement, which with interest will come to over $133 million... More here>>

Firm Voluntarily Adds $1.2 Million to Customer Refund Fund

Washington, D.C. — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined AXA Advisors, LLC, $1.2 million for failing to adequately supervise its fee-based brokerage business and distributing misleading sales literature for its fee-based brokerage account program, CapAdvantage, between 2001 and 2005... More here>>