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Westchester, White Plains and NYC Securities and Immigration Lawyer

Blog Articles

USCIS Announces Final Rule Adjusting Immigration Benefit Application and Petition Fees
Release Date: October 24, 2016 

WASHINGTON – U.S. Citizenship and Immigration Services today announced a final rule published in the Federal Register today adjusting the fees required for most immigration applications and petitions. The new fees will be effective Dec. 23. Read more

Executive Actions on Immigration

On November 20, 2014, the President announced a series of executive actions to crack down on illegal immigration at the border, prioritize deporting felons not families, and require certain undocumented immigrants to pass a criminal background check and pay taxes in order to temporarily stay in the U.S. without fear of deportation.  Read more

DHS Announces Temporary Protected Status Designations for Liberia, Guinea, and Sierra Leone
Release Date: November 20, 2014

WASHINGTON— Due to the outbreak of Ebola virus disease in West Africa, Secretary of Homeland Security Jeh Johnson has announced his decision to designate Liberia, Guinea, and Sierra Leone for Temporary Protected Status (TPS) for 18 months. As a result, eligible nationals of Liberia, Guinea, and Sierra Leone who are currently residing in the United States may apply for TPS with U.S. Citizenship and Immigration Services (USCIS). The Federal Register notices provide details and procedures for applying for TPS and are available at www.uscis.gov/tps.
Read more

DHS To Implement Haitian Family Reunification Parole Program
Release Date: October 17, 2014

WASHINGTON—Starting in early 2015, the Department of Homeland Security (DHS) will begin implementation of a Haitian Family Reunification Parole (HFRP) Program to expedite family reunification for certain eligible Haitian family members of U.S. citizens and lawful permanent residents of the U.S. and to promote safe, legal and orderly migration from Haiti to the United States. Read more

Goldman Sachs May Settle Sec Fraud Case

The New York Post reported on April 29, 2010 that Goldman Sachs may soon settle fraud charges brought by the Securities and Exchange Commission in order to avoid further damage to the firm’s reputation from government hearings after eleven hours of grilling by members of the Senate Subcommittee on Permanent Investigations on April 27. It is understood that the SEC has a large supply of e-mails and records that would damage Goldman’s reputation if publicized. Read more...

Two Lawsuits Challenge Arizona Immigration Law

Two lawsuits were filed on April 29, 2010 to challenge Arizona’s new law which requires police officers to demand proof of legal residence in the United States from any person with whom they have made “any lawful contact� and about whom they have “reasonable suspicion� that “the person is an alien who is unlawfully present in the United States.� The Arizona law, which is set to go into effect in August, makes it a state crime to be in the United States illegally, stating that “A person is guilty of trespassing� by being “present in any public or private land in this state� while lacking authorization to be in the United States. Read more...

Investment Fraud: What It Is and How to Avoid It

Investment fraud, also known as securities fraud and stock fraud, occurs when a financial advisor gains an investor’s trust and abuses that trust by making false statements or omitting material statements of fact in order to cause the investor to buy or sell a security, and the investor loses money as a result.  Investment fraud victims are often over age 50.

Bernard Madoff and Affinity Fraud
On December 11, 2008, the Securities and Exchange Commission charged Bernard Madoff, the former NASDAQ Chairman, with fraud.  This may be the largest investor fraud ever committed by a single person.  Madoff admitted to defrauding investors of up to $50 billion in a Ponzi scheme, according to prosecutors.  In a Ponzi or pyramid scheme, new investor money is used to pay earlier investors to give the illusion that the investment strategy is successful.  When the flow of new money stops, the scheme fails.  Madoff allegedly told his sons that his investments were “one big lie�.  He confessed after he realized he would not be able to come up with money to satisfy requests from clients to withdraw funds. Read more...

Stockbroker Employment in a Shrinking Market

The employment market for stockbrokers changed dramatically in the past year.  Bank of America bought Merrill Lynch.  Morgan Stanley bought Smith Barney.  Wells Fargo bought Wachovia which bought A.G. Edwards.  JP Morgan bought Bear Stearns and Lehman Brothers is in bankruptcy.  These drastic changes have forced financial advisors to consider whether they should stay at a merged firm, in a radically different work environment, or investigate opportunities elsewhere.  If you are a broker, you may be unhappy with a new manager or find that products and services offered by your new firm don’t suit your business. Read more...

Do I Have a Case against My Stockbroker?

You lost a lot of money that you invested with your broker and you believe he or she is responsible and should return your lost money.  You may be asking yourself if you have a strong case against your broker or the brokerage firm.  What should you do?Read more...

Don't Be a Victim of Investment Fraud

Research findings from the Financial Industry Regulatory Authority and the AARP might surprise you. The typical investment scam victim is a married man in his late 50s with better than average understanding of financial markets and strong confidence in his judgment. Victims of investment fraud tend to be better educated than non-victims, have higher incomes and have been investing for ten years or more. Read more...

Contact our New Rochelle office today to arrange a consultation with Mr. Stone about your securities dispute. Call us to resolve your securities arbitration case at 866-720-3754.

Attorney Douglas Stone has successfully handled securities litigation, securities fraud, broker fraud, immigration, naturalization, visas, green card, employment and divorce
 cases in New Rochelle, Westchester, White Plains, Yonkers, Bronx, Brooklyn, Manhattan, Queens, Rockland County, Long Island and Fairfield County.
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