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Latest Merrill Lynch & Frauds News

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  • Wall Street Fraud Cleanup Goes On'¦ 1 Dec 2009 05:50 GMT
    ... The claim filed with FINRA alleges that Merrill Lynch (subsequently acquired by Bank of America) advised ... was much too volatile and unpredictable for investors looking to generate fixed income for retirement. ... was the victim of sales practice violations, fraudulent conduct and self-dealing. “The sales staff received ...

  • Raju named world's 4th most outrageous CEO 26 Nov 2009 13:19 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. ], the founder of Satyam Computer Services, ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • UBS Crippled Investments and Abused Trust - Single Mom Claims 30 Nov 2009 15:20 GMT
    ... /PRNewswire/ -- The law firm of Securities Fraud Attorney Mark A. Tepper has filed claim ... Chief Trial Counsel at the Bureau of Investor Protection and Securities, Attorney Mark Tepper has ... financial services companies, recovering investor losses from Merrill Lynch (MER) for high risk investment in Fannie ...

  • Satyam's Raju put in Forb... 27 Nov 2009 03:53 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (second) and Goldman Sachs’ ... about committing the country’s biggest ever corporate fraud. Raju, said the magazine, “was living in ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • Satyam's Raju put in Forbes '2009 Hall of Shame' 27 Nov 2009 11:56 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (second) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. Raju, said the magazine, 'was living in ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • Raju world's 4th most outrageous CEO 26 Nov 2009 15:55 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. "In January, B Ramalinga Raju, the founder ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • Satyam's Raju put in Forbes `2009 Hall of Shame' 26 Nov 2009 18:12 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (second) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. Raju, said the magazine, 'was living in ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • Satyam's Raju in Forbes 'Hall of Shame' 26 Nov 2009 19:37 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (second) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. Raju, said the magazine, "was living in ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • Raju named 4th most outrageous CEO 27 Nov 2009 00:32 GMT
    ... hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs’ ... about committing the country's biggest ever corporate fraud. “In January, B Ramalinga Raju, the founder ... running a Ponzi scheme that defrauded his investors of hundreds of millions of dollars. Pang ...

  • UBS will keep lower profile at Art Basel Miami Beach: Art Basel Miami Beach's main sponsor UBS is painting a fresh canvas without its tarnished cross-border business that catered to U.S. tax cheats. 28 Nov 2009 22:55 GMT
    ... Swiss banking secrecy in cases of tax fraud and the like. And it prompted thousands ... and some employees have left. In an investor presentation Nov. 17, UBS chief executive Oswald ... former president of global wealth management at Merrill Lynch, as the chief executive of wealth management ...

  • Under scrutiny, UBS dims a once-glittering Miami event 27 Nov 2009 23:18 GMT
    ... Swiss banking secrecy in cases of tax fraud and the like. And it prompted thousands ... and some employees have left. In an investor presentation Nov. 17, UBS chief executive Oswald ... former president of global wealth management at Merrill Lynch, as the chief executive of wealth management ...

  • When Clients Waive Privilege 26 Nov 2009 05:34 GMT
    ... the client's obligation to itself and its shareholders. It began when Bank of America decided to buy Merrill Lynch while bordering on bankruptcy. Under the guidance ... charge the lawyers if their advice was fraudulent? If that was not enough bad news ...

  • 'Outrageous' Raju ranks high on CEO shame list 26 Nov 2009 13:50 GMT
    ... Raju company are Sri Lankan-origin American hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. "In January, B Ramalinga Raju, the founder ...

  • Forbes names Raju as world's 4th most outrageous CEO 26 Nov 2009 13:56 GMT
    ... Raju company are Sri Lankan-origin American hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs’ ... about committing the country’s biggest ever corporate fraud. “In January, B Ramalinga Raju, the founder ...

  • World's 10 most outrageous CEOs 27 Nov 2009 12:15 GMT
    ... Raju company are Sri Lankan-origin American hedge fund manager Raj Rajarathnam (third), former Merrill Lynch CEO John Thain (2nd) and Goldman Sachs' ... about committing the country's biggest ever corporate fraud. To know about the nine other most ...


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