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Explore this section to keep up to date with our news, articles, and current events. Featured: Read Debra Hayes as quoted in a Wall Street Journal Article on Morgan Keegan Securities Arbitration   [read more] Our articles are posted below: Click on a summary to view the full article. >>> June 29, 2009 Bernard Madoff Sentenced to 150 Years in Prison NEW YORK, June 29, 2009 /PRNewswire-USNewswire via COMTEX/ -- Lev L. Dassin, the Acting U.S. Attorney for the Southern District of New York, and Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI), announced that Bernard L. Madoff was sentenced today in Manhattan federal court to 150 years in prison for perpetrating a Ponzi scheme that resulted in billions of dollars of losses to thousands of investor-victims. >>> June 25, 2009 Billionaire Stanford pleads not guilty to fraud HOUSTON - Prosecutors say Texas billionaire R. Allen Stanford should not be freed on bond as he awaits trial on fraud charges. They say he could have access to billions of dollars authorities say he swindled from investors. >>> June 23, 2009 For Older Investors, Old Rules May Not Apply The stock market’s damage has already been done. And if you’re one of those people near or already in retirement, you already know you’re going to have to work longer, save more or spend less. >>> June 22, 2009 Company Is Planning to Sue Chase Over Investment Losses Len Blavatnik, the Russian-American investor, plans to file a lawsuit against JPMorgan Chase on Monday that accuses the bank of mismanaging an investment account that held $1 billion in assets owned by his industrial holding company, Access Industries. >>> June 18, 2009 Ex-Enron exec settles SEC fraud case, fined $1 mln NEW YORK, June 18 (Reuters) - A former chief executive of Enron Corp's Internet unit agreed to pay a $1 million fine to settle civil fraud charges brought by the U.S. Securities and Exchange Commission. >>> June 17, 2009 Fraud allegations mount: Louisiana's attorney general targets The Stanford Group; voice your opinion now State launches criminal probe of company linked to pyramid scheme. >>> June 16, 2009 $161 Million OK’d for Madoff Victims Officials just announced that over $161 million has been approved for compensation payouts to 347 defrauded Bernard Madoff investors. The money is slated to pay advances of up to $500,000 per investor, considered a very small percentage of claims that total $1.02 billion, reported Newsday. The nonprofit Securities Investor Protection Corporation (SIPC) is handling payment distribution. >>> June 15, 2009 New Finra Ad Campaign Talks Tough On Fraud WASHINGTON (Dow Jones)-Do you think your broker a total fraudster? Afraid your retirement is in jeopardy? >>> June 10, 2009 Adviser Weitzman Arrested In More Than $6M Fraud NEW YORK (Dow Jones)--Investment adviser Matthew D. Weitzman surrendered to federal authorities Wednesday to face charges he misappropriated more than $6 million in client funds. >>> June 10, 2009 Adviser Weitzman Arrested In More Than $6M Fraud NEW YORK (Dow Jones)--Investment adviser Matthew D. Weitzman surrendered to federal authorities Wednesday to face charges he misappropriated more than $6 million in client funds. >>> June 9, 2009 Settlements Reached in Wells Fargo, Bank of America Securities Fraud Charges Wells Fargo and Bank of America have reached separate agreements to settle securities fraud charges with various state and federal regulators. According to a Wall Street Journal report, the Wells Fargo settlement involves its Boston-based mutual fund Evergreen Investment Management Co, while the Bank of America settlement resolves charges regarding the sale of auction rate securities. >>> June 8, 2009 Madoff Investors Seek Change to Loss Calculation A group of Bernard Madoff’s burned investors wants a change made to the way fraud losses from his scam are calculated. According to The New York Times, the change they are seeking - to receive credit for the full value of the securities shown on the last account statements they received before Madoff’s arrest - could substantially increase the price tag for his Ponzi scam. >>> June 4, 2009 Colorado indicts 2 in alleged multimillion-dollar Ponzi scheme The Colorado statewide grand jury has indicted two men on multiple securities-fraud counts in connection with an alleged multimillion-dollar "Ponzi" scheme to defraud investors in the state and elsewhere, the office of Attorney General John Suthers announced Tuesday. >>> June 1, 2009 SEC Pores Over How it Missed the Madoff Fraud An investigation by the inspector general of the Securities and Exchange Commission into how the SEC missed Bernie Madoff’s $65 billion Ponzi scheme has reached deep into the agency, a new report shows. 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