Category: Securities Law

YieldStreet faces Class Action Lawsuit over Ship Breaking Deals

Sep 14, 2020 / Investments

Alternative investment platform YieldStreet was recently sued by investors for alleged losses in private offerings related to marine finance and shipbreaking. What is YieldStreet? YieldStreet, Inc. is an online platform that offers alternative investment products to both accredited and non-accredited investors. Types of alternative investments that YieldStreet offers includes real estate, art collections, marine finance, legal settlements, and more. The advantage to investors is short-term, high-yield products with little correlation […]

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Vernon Litigation Group Investigates New York City REIT, Inc. (NYSE:NYC)

Sep 9, 2020 / REIT

Vernon Litigation Group announces an investigation into New York City REIT, Inc. (NYSE:NYC), a real estate investment trust (REIT) that owns commercial real estate throughout New York City. New York City REIT, Inc. New York City REIT, Inc. recently changed its name after being known as American Realty Capital New York City REIT. Although initially formed in 2013, NYC was recently listed on the New York Stock Exchange on August […]

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Vernon Litigation Group Investigates Catalyst Capital Advisors

Aug 25, 2020 / Blog

New York-based alternative asset management firm Catalyst Capital Advisors recently paid over $10.5 million in SEC fines for misleading investors about its risk parameters for one of its mutual funds. The Securities and Exchange Commission investigated Catalyst after the firm lost more than $700 million in just three months from December 2016 to February 2017. This loss represented nearly 20% of the fund’s total assets. According to SEC documents, the […]

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Consider the Source when an Annuity is “Recommended”

Jul 23, 2020 / Annuities

Every month, Partner Chris Vernon is asked to write for Naples Florida Weekly.  Below is today’s publication!  Follow Vernon Litigation Group to stay abreast of the ever-changing world of annuities and investment fraud! Source: https://naples.floridaweekly.com/articles/when-an-annuity-is-recommended-consider-the-source/

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