Author: Vernon Litigation Group

Beware of Stock Brokers Selling Away from Brokerage Firm

Mar 13, 2019 / protecting investors

Selling away is a practice engaged in by unethical “financial professionals” that involves the recommendation of investment away from the brokerage firm where the “financial professional” is registered. This is an unethical practice and often leads to investors losing their entire investment. Recently, Vernon Litigation Group has seen an uptick in the unethical practice of Selling Away. Similarly, the primary regulator for brokerage firms, FINRA, seems to be catching more […]

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Big Banks Profit By Selling and Trading Commodities

Mar 7, 2019 / protecting investors

Big Banks such as Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, UBS, and others are making a lot of money for themselves on commodities trading and selling commodities related products. Specifically, “commodities-related revenue at the 12 biggest investment banks climbed 45 percent last year despite weak oil trading, boosted by power, gas and base metals markets” according to a recent industry article.  What this means is that these […]

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Trusting Credit Unions And Broker Dealers

Feb 27, 2019 / Videos

In this weeks video, Chris Vernon discusses buying investment advice from a local credit union. Generally speaking credit unions tend to have good reputations but a problem arises when the credit union becomes affiliated with a broker-dealer. In the last few years there has been a pattern of those brokerage firms selling high-commission products, find out more here:

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Selling Away From The Firm What It Is And What To Look For

Feb 22, 2019 / Videos

In this installment of our ongoing weekly video series, we discuss what it means when investment professionals and financial advisors are selling away from the firm. We want to make sure that investors are aware of this practice and what that could mean for their portfolio, find out more information here:

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