Recent Cases Archive

• Nest Egg to Goose Egg in no Time
  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.
• 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.
• 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.
• 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.
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