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5 Oct 2009, 1:48 pm
Securities America, a subsidiary of Ameriprise Financial, has been sued by Ilene Grossbard of Sarasota, Florida, over allegations that the Omaha-based brokerage failed to warn her and other investors about what she says was a multibillion-dollar Ponzi scheme involving sales of notes in Medical Capital Holdings. [read post]
6 Oct 2009, 5:18 am
According to the lawsuit filed last week on behalf of Ilene Grossbard, an investor in Florida who invested $112,000 in a Medical Capital deal, Securities America sold offerings of Medical Capital as late as October 2008. [read post]
28 Jan 2010, 4:55 am by Steven Caruso
In October 2009, Securities America was sued by Ilene Grossbard of Sarasota, Florida, over allegations that the broker/dealer failed to warn her and other investors about what she says was a multibillion-dollar Ponzi scheme involving Medical Capital notes. [read post]
10 Nov 2009, 1:41 pm
” The lawsuit’s plaintiff, Florida resident Ilene Grossbard, invested $112,000 in Medical Capital’s fifth deal in March and April. [read post]