Some financial institutes and large companies have made billions of dollars by committing securities fraud, fraudulently stealing from retirement funds, producing false financial statements, and selling toxic investments. Under new Federal laws designed to regulate Wall Street investment practices, investors that have been taken by fraudulent schemes and other people aware of fraudulent investment schemes can turn whistleblower and receive compensation for stepping up and blowing the whistle on fraudulent companies that provide false & misleading information on a company's financial statement, false information on Securities and Exchange Commission (SEC) filings, brokers that commit insider trading; financial institutes that commit stock manipulation schemes; stockbrokers that commit embezzlement; and financial institutes that commit securities fraud. If you are aware of investment fraud schemes or securities fraud, please feel free to contact Texas Investment Fraud and Retirement Fraud Whistleblower Lawyer Jason Coomer via e-mail message or use our submission form about a potential Securities Fraud Whistleblower Lawsuit, Financial Fraud Whistleblower Lawsuit, SEC Violation Whistleblower Action, SEC Whistleblower Incentive Program Action, or other Whistleblower Bounty Action.
Recent decisions by the Securities and Exchange Commission (SEC) imposed over $1.4 billion in penalties on several top investment banks, brokerage firms, and brokers. In reviewing stock broker fraud, an investor should know that investing in the stock market can be a risky proposition. Markets and investments can fluctuate and the majority of investment losses result from such fluctuations rather than from stock broker fraud or misconduct. However, investment fraud does happen, and you should understand common forms of investment fraud. Some of the most common forms of broker fraud are as follows:
Purchase of Unsuitable Securities
Investing in Variable Annuities/Variable Universal Life Policies
Risky or negligent Retirement Planning
Failure to Advise of Risky Investments
Unauthorized Risk Profile Changes
If your retirement savings or other securities investments have suffered substantial losses, generally fifty percent (50%) or more, due to fraud, mismanagement, mishandling or misconduct on the part of your broker or financial professional, then you may want to speak to Jason Coomer a Texas investment fraud lawyer to determine if your broker has committed fraud or negligence that has contributed to your losses.
Securities fraud whistleblower lawsuits include outright theft from investors and misstatements on a public company's financial reports as well as a wide range of other actions, including insider trading, front running and other illegal acts on the trading floor of a stock or commodity exchange. Evidence for a investment fraud whistleblower lawsuit, retirement fund fraud whistleblower lawsuit, or securities fraud whistleblower lawsuit may include:
False or misleading information on a company's financial statement;
False or misleading information on Securities and Exchange Commission (SEC) filings;
Lying to corporate auditors;
Stock manipulation schemes;
Embezzlement by stockbrokers;
Manipulation of a security’s price or volume;
Fraudulent or unregistered offer or sale of securities, including Ponzi schemes, high yield investment programs or other investment programs;
Brokerage Account and Retirement Account Fraud;
False or misleading statements about a company;
Failure to file required reports with the SEC;
Abusive naked short selling;
Theft or misappropriation of funds or securities;
Fraudulent conduct or other problems associated with municipal securities transactions or public pension plans; and
Bribery of foreign officials
Through new legislation the federal government is offering financial incentives to securities fraud whistleblowers and other financial fraud whistleblowers to step up and blow the whistle on properly reporting financial fraud including the above listed forms of securities fraud that lead to SEC violations and fines. These new whistleblower bounties can be collected by whistleblowers that properly report SEC violations, financial fraud, securities fraud, commodities fraud, and stimulus fraud.
Other forms of SEC Violations including reporting problems with a brokerage or advisory account; fraudulently preventing access to funds or securities; fraudulent order handling, trade execution, or confirmations; fraudulent fees, mark-ups or commissions; and inaccurate or misleading disclosures by financial professionals, may also lead to potential SEC bounties, if the fraudulent acts result in fines of over $1 million and are properly reported.
In July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law which includes significant new financial fraud bounty whistleblower provisions. These provisions create economic incentives for SEC violation whistleblowers and other financial fraud whistleblowers with "original information" of SEC violations and financial fraud to blow the on large scale financial fraud and SEC violations.
These SEC bounty claims must be brought voluntarily under the SEC Bounty Programs by one or more individuals. The whistleblower or whistleblowers must be a natural person or natural persons, companies or other entity is not eligible to be financial fraud bounty whistleblowers. Successful SEC violation bounty whistleblowers and financial fraud whistleblowers can collect financial rewards for whistleblower bounty actions that result in the imposition of monetary sanctions of greater than $1 million dollars. This new financial fraud SEC bounty program is called the "Securities Whistleblower Incentives and Protection".
Through SEC Whistleblower Bounty Actions the SEC will award between ten percent and thirty percent of the money collected to a qualified whistleblower who voluntarily provides the SEC with original information about a violation of the securities laws that leads to a successful enforcement of an action brought by the SEC that results in monetary sanctions exceeding $1,000,000.00.
So long as the financial fraud whistleblower or financial fraud whistleblowers base their claims on "original information", any person (not just an employee or insider) may file a SEC financial fraud bounty claim. Further, if the financial fraud whistleblower is represented by an attorney, the whistleblower may file the financial fraud bounty claim anonymously. However, before the financial fraud bounty award is paid, the whistleblower's identity shall be revealed to the SEC and SEC shall be provided information about the whistleblower that it requests.
Securities fraud, investment fraud, and retirement fraud whistleblower lawyer, Jason S. Coomer, works with retirement fund fraud whistleblowers, investment fraud whistleblowers, securities fraud whistleblowers, and other financial fraud whistleblowers that are stepping up and blowing the whistle on securities fraud, investment fraud, SEC violations, and other forms of financial fraud. By working with financial fraud whistleblowers and securities fraud whistleblowers to expose false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, insider trading; stock manipulation schemes; embezzlement by stockbrokers; and other securities fraud, he is working to help regulate the financial markets and help claim rewards for financial whistleblowers.
By creating whistleblower bounties for investors and people with specific information of financial fraud, it is expected that hard to detect financial fraud including retirement fund fraud, toxic investment fraud, derivative market fraud, and other forms of investment fraud will be exposed to help regulate the financial market and prevent large investment corporations, banks, hedge funds, and other large corporations from committing financial fraud of billions of dollars.
Through Retirement Fund Fraud Whistleblower Lawsuits, False Financial Statement Fraud Whistleblower Lawsuits, Securities Fraud Whistleblower Lawsuits, Commodity Fraud Whistleblower Lawsuits, Stimulus Fraud Whistleblower Lawsuits, and SEC Violation Whistleblower Lawsuits, industry insiders and investors are expected to step forward and blow the whistle on several different forms of Wall Street Fraud that are costing investors and retirees hundreds of millions of dollars. These retirement fund lawsuits and investor fraud lawsuits are becoming more common with the enactment of laws like the Dodd-Frank Wall Street Reform and Consumer Protection Act that created bounties that can be collected by whistleblowers that properly report SEC violations, retirement fund fraud, financial fraud, securities fraud, commodities fraud, and stimulus fraud that result in monetary sanctions over one million dollars ($1,000,000.00). The SEC can award the whistleblower up to 30% of the money collected.
As a Retirement Fund Fraud Whistleblower Lawyer, Retirement Account Fraud Whistleblower Lawyer, and Investment Fraud Whistleblower Lawyer, Jason S. Coomer commonly works with other powerful investment fraud lawyers and securities fraud whistleblower lawyers to handle large Retirement Fraud Whistleblower Lawsuits, Securities Fraud Bounty Actions, Commodity Fraud Bounty Claims, and other Investment Fraud Lawsuits. He also works on Medicare Fraud Whistleblower Lawsuits , Defense Contractor Fraud Whistleblower Lawsuits, Stimulus Fraud Whistleblower Lawsuits, Government Contractor Fraud Whistleblower Lawsuits, and other government fraud whistleblower lawsuits.
If you are the original source with special knowledge of fraud and are interested in learning more about a retirement fund fraud whistleblower lawsuit or an investment fraud whistleblower lawsuit, please feel free to contact Retirement Fund Fraud Whistleblower and Investment Fraud Whistleblower Lawyer Jason Coomer via e-mail message.