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Blog Posts in March, 2012

MasterCard and Visa customers affected by identity breach of Global Payments, Inc.

Global Payments, a third-party credit, debit and gift card processor, has been subjected to a network breach that could have impacted 50,000 to as many as 10 million cardholders. Visa and MasterCard ...
Continue reading "MasterCard and Visa customers affected by identity breach of Global Payments, Inc." »

Investors suffer significant losses in Cornerstone REIT

Investors have suffered significant losses in yet another non-traded real estate investment trust (REIT), further solidifying concerns of suitability and misrepresentation by brokers in regard to ...
Continue reading "Investors suffer significant losses in Cornerstone REIT" »

Highland Floating Rate Advantage Funds lose 70% in two years

Though represented as seeking "capital preservation," the Highlands Floating Rate Advantage Fund lost approximately 70% of its value in two years. Napoli Bern Ripka Shkolnik, LLP is ...
Continue reading "Highland Floating Rate Advantage Funds lose 70% in two years" »

Goldman Sachs settles CFTC supervisory violation charges for $7 million

Goldman Sachs has agreed to settle charges brought forth by the Commodity Futures Trading Commission (CFTC), which had alleged supervisory failures. The CFTC charges alleged that Goldman Sachs had ...
Continue reading "Goldman Sachs settles CFTC supervisory violation charges for $7 million" »

AeroShot manufacturer faces FDA warning citing marketing and safety concerns

One of the newest high-energy products is a caffeine inhaler called AeroShot, manufactured by Breathable Foods, Inc. AeroShot has been available for sale since January of 2012 and may be purchased by ...
Continue reading "AeroShot manufacturer faces FDA warning citing marketing and safety concerns" »
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