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Articles Posted in municipal bond fraud

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Municipalities’ Inability to Pay Bond Interest Places Investors in a Precarious Position

Seeking Greater Yield and Safety, Muni Bond Customers Encounter Defaults  Despite the fact that the coronavirus has taken a toll on city and state finances, this isn’t stopping investors from buying municipal debt in a bid for greater yield and more safety than the markets can provide at this time.…

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Frontier Communications Bonds Purchased From FMSBonds May Have Grounds for FINRA Arbitration Claim

FMSBonds May Not Have Apprised Frontier Communications Investors Of The Risks  If you purchased Frontier Communications bonds from FMSBonds, also known as First Miami Securities, or any other bonds that have turned out riskier than what was represented to you, please contact our broker fraud lawyers at Shepherd Smith Edwards…

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Securities Fraud Cases: Ex-Jefferies Bond Trader is Convicted Again, RBS Puts Aside $3.92B for Expected Mortgage-Backed Securities Fraud Settlement, and Judge Won’t Overturn Jury’s Findings In Miami Municipal Bond Fraud Case

Another Jury Finds Ex-Jefferies Group Trader Guilty of RMBS Fraud A federal jury has convicted Jesse Litvak of one count of securities fraud. The ex-Jefferies Group LLC (JEF) bond trader was tried again on allegations that he bilked customers of $2M when he inflated the prices that he claimed he…

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