Category: protecting investors

Vernon Litigation Group’s Ongoing Investigation of Future Income Payments, LLC

Vernon Litigation Group’s Ongoing Investigation of Future Income Payments, LLC Pension Related Structured Cash Flow Basics FIP’s Most Recent Structured Cash Flow Appears Abusive Do Not Sign Any Release From FIP Contact A Lawyer Instead Decades Of Experience Pursing Claims Contact Us For A Consultation With A Securities Attorney Future Income Payments, LLC (FIP), is the latest incarnation of Structured Cash Flows related to pensions. As far back as 2103, […]

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Investigating David Lerner’s Spirit of America Fund

Jun 12, 2018 / protecting investors

Vernon Litigation is investigating claims on behalf of investors that were sold David Lerner’s Spirit of America Fund (Symbol SOAEX). According to fund disclosures, as of May 2015, over 90% of the fund was invested in energy related investment and Master Limited Partnerships (MLP’s). The fund, unfortunately, pays a portion of the income using investor capital. Despite a recent surge in energy prices, SOAEX has declined substantially. In 2018 the […]

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Our Concerns Over The Use Of Credit Unions To Sell Annuities

Jun 8, 2018 / protecting investors

According to Investment News, the Utah Division of Securities is looking to fine CUSO Financial for all of the following defects: CUSO’s failure to comply with the regulatory requirements governing networking arrangements between broker-dealers and credit unions; CUSO’s apparent approval of the use of misleading sales and advertising materials and other information provided to customers and the public; CUSO’s failure to follow and enforce policies and procedures, and; CUSO’s failure […]

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