After the broker lost all my money, I did not know where to turn. A friend told me about Joseph Fogel. I called, and he got me in right away. He told me that I was not the only one done this way, and he would work on my case himself. He did, and now I can stay in my home.

L. D., a client

The broker came to my job and sold us all on her plan; retire, and make more from our investments. Now, many of us are looking for jobs again, wherever we can find them. But Fogel brought us all together in a case, saved us money, and got the result we needed. The best thing I did in this whole thing was to call Fogel.

B. D., a client

Helping People Who have Been Harmed by Stock Broker Misconduct

pen If you believe that your broker put your money in investments that were too risky, such as variable annuities, didn’t follow your instructions, committed retirement investment fraud, or earned too many commissions by overtrading your account, we can help.

Most people who have lost their investments and retirement money do not even consider that they were dealing with a bad stockbroker. When stocks go up, the brokers claim it’s a sign of their skill and resources. But when you lose money, the brokers usually say that losses are caused by market risk. Stocks do go up and down in price, but some stock losses are the result of stock broker misconduct.

Over the years, we have spoken to hundreds of people who have been harmed by stock brokers and financial advisors. We’ve helped some of those people get some or all of their money back. Most of the time, we can tell you over the phone whether or not we may be able to help you.


	Michael Frederick Siegel of BMA Securities in Rolling Hills Estates, California Michael Frederick Siegel is currently a registered representative of BMA Securities in Rolling Hills Estates, California. Between November 2005 and June 2007, he was a registered representative of FSC Securities Corporation in Beverly Hills, California. (more)

Nest Egg to Goose Egg in no Time
Los Angeles Times, December 17, 2006
This front-page article in the Sunday LA Times describes the $22 million dollar award a group of Exxon Mobil retirees received after suing a broker who invested in variable annuities and lost most of their retirment 401(k) accounts . The article also mentions a similar case Fogel & Associates handled in California's Central Valley on behalf of retired telecommunications workers. (more)

Recovering The Million Dollar Inheritance That Lasted One Year

Our client‘s father worked a lifetime and left him more than $1,000,000 when he passed. The $1,000,000 account took 11 months to go to zero. We were able to show that the broker had exerted control over the account (at times) and had permitted the customer's wild speculative trading to take place without any concern from the broker or brokerage firm. (more)

Fixing a Pension Conversion That Went Wrong

Within a year and half of retiring and working with the stockbroker, the account hit zero. Our client had no job and no retirement savings. We went after the brokerage house that failed to supervise the broker. At mediation, the brokerage house paid to undo the damage. (more)

Restoring our Client’s Retirement Losses

After our client worked for more than 30 years to grow her 401(k) account, she was directed to an investment advisor. Much of her money was then placed into two stocks, which lost more than 50% of their value in the next 2 months. We sued the financial advisor and the investment company. (more)

Forbes Magazine Takes Down Broker Bambi Holzer
Forbes Magazine publishes an all too rare article--an article that reveals the disciplinary history of Beverly Hills based broker Bambi Holzer. (more)

Joe Fogel’s Interview With The Wall Street Journal
Joe Fogel was interviewed by the Wall Street Journal on May 12, 2009 about a rare case in which a broker is being criminally prosecuted for harming clients. (more)

The Real Crooks: Guaranteed Variable Annuities
While the SEC makes headlines by cleaning up after crooks have stolen the money, the biggest losses come from the lies and misrepresentations brokers make, especially when selling "guaranteed" variable annuity contracts (more)

Shocking News: Brokers Say Buy
The Brokers and Wall Street Keep Saying BUY (more)

The Real Lesson From Madoff
If the SEC can't catch Bernie Madoff, do you think it can catch the more subtle, yet equally serious, wrongdoings that cause so much to be lost in other accounts? (more)

Woman wins $5.6 million in arbitration against a brokerage
By NEAL ST. ANTHONY, Star Tribune
Largest Arbitration award in Minnesota history--too much concentration in certain stocks. (more)

Merrill Pays $7 Million to Settle ‘Squawk Box’ Case
The New York Times, Dealbook, by Cyrus Sanati
Merrill Lynch pays $7 Million for favoring some customers over others (more)

Supreme Court to hear suit over fees in retirement accounts
The Los Angeles Times, by Walter Hamilton
Finally, the Supreme Court will hear a case on whether investors can bring cases about the high fees so many mutual funds charge (more)

SEC charges L.A. businessman Bruce Friedman with securities fraud
The Los Angeles Times, By Stuart Pfeifer
SEC alleges another Southern California ponzie or "Madoff" scam, involving "secure CD like" investments (more)

Undisclosed Losses at Merrill Lynch Lead to a Trading Inquiry
The New York Times By LOUISE STORY and ERIC DASH
Did Merrill Lynch brokers and traders get really reckless in the last days before Bank of America bought the firm? (more)

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