- brought to you by the Consumer Justice Group

Stock Fraud Costs Investors' Savings
Picture this: you put your trust in an investment firm and follow your stock broker's recommendations, feeling secure with his expertise. The next thing you know, your stocks have plummeted, the firm's CEO is all over the news defending his company against allegations of securities fraud, and your life savings is lost forever. Read more...

The Two Faces of Merrill Lynch Stock Advice
Sometime in 2001, Merrill Lynch was found to have been publicly promoting investments that they had ridiculed in private. Regulators suspect that these false statements were made to secure investment banking deals with the companies whose stock was being advocated. Read more...

Salomon Smith Barney Analysts Mislead Investors
Salomon Smith Barney stock fraud accusations are based in findings that stock analysts misled investors about stocks' performance. Read more...

Goldman Sachs Analysts Influenced by Banking Interests
In violation of NASD and NYSE regulations, analysts at Goldman Sachs were encouraged to participate in investment banking activities and were compensated with raises and bonuses. Read more...

Morgan Stanley Analysts Inappropriately Influenced by Investment Bankers
From at least July 1999 through June 2001, research analysts at Morgan Stanley were subject to inappropriate influence by investment banking at the firm. Read more...

Wall Street's Involvement with Enron
Investment firm giants Merrill Lynch, JP Morgan Chase and Citigroup have been accused of helping Enron inflate profits and conceal debt. Read more...

WorldCom Admits Fraudulent Accounting Practices
WorldCom Inc. - now renamed MCI - was charged with fraud after admitting it had hidden $3.8 billion of costs. Read more...


The Investment & Stock Fraud News is a service of the Consumer Justice Group.