green and schafle

$1B Award by Judge in Florida-based Ponzi Scheme Litigation

In one of the largest ever investment fraud schemes in US history, a federal judge in Florida has ordered the operator of a ponzi scheme to pay $1 billion in restitution and fines. Former investors, many of whom were elderly and unsophisticated, can look forward to at least some return on their original investment in the massive ponzi scheme perpetrated by the Woodbridge Group of Companies and its former owner, Robert Shapiro.

Partners Adam Green & Michael Schafle Named to Best Lawyers in America

Green & Schalfe is pleased to announce that partners Adam Green and Michael Schafle have once again been recognized by their peers for selection to the prestigious The Best Lawyers in America list. This honor is bestowed upon the top 5% of private practice attorneys nationwide, as judged by other attorneys.

SEC Busts $102 Million Ponzi Scheme

According to the SEC's complaint, a group of financial managers and companies located in different regions of the country, including in New York, Florida, Texas, and Ohio, orchestrated what appears to a massive fraud to bilk unwitting investors out of millions of hard-earned dollars.

FINRA Disciplinary Actions Report: May 2018

Each month, the agency that regulates the financial industry, FINRA (Financial Industry Regulatory Authority), produces a detailed report that runs down all disciplinary actions recently taken against brokerage firms and brokers. We strongly encourage any investor who suspects their broker and/or broker-dealer of having lost them money on dubious terms to at least skim this report to see if you recognize any names, schemes, products, or securities.

Many Investors Drowned by "Hurricane" in VIX Products

Leading up to February, all of 2017 had seen volatility and the VIX at near record low levels. All was calm. Then, suddenly, in one day the percent gain in futures swung 96 percent. The huge leap crushed short-VIX ETPs, which lost nearly all of their value. Some of those products shut down entirely.

How to Protect Yourself Against Investment Fraud: 5 Questions

What can you do, oh unsophisticated investor, to protect yourself against the attacks and traps of some of history's most dastardly fraudsters? For a start you can ask yourself the following 5 questions about investment fraud - and answer them as honestly as possible. Remember, when you're trying to protect yourself from the deception, the last thing you want to do is self-deceive!