Behringer Harvard REIT Investigation

September 6, 2011

Salas Wang LLC has been investigating non-traded REITs for awhile (see Salas Wang’s explanation of Non-Traded REITs here). But one REIT family in particular has been serially harming investors:  Behringer Harvard. Brokers are selling these REITs to lots of investors–earning huge commissions–while hiding the massive risk that come with these illiquid investments. In the past […]

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Lose Money in Integrity Funds?

August 23, 2011

Salas Wang LLC is investigating losses to the Integrity High Income funds “A” and “C”, which are sometimes called Integrity Viking High Income funds.  These funds invest heavily in high risk junk bonds, which are unsuitable for many investors. If you have lost money in IHFCX and /or IHFAX, please call Jeffrey Salas of Salas […]

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The Dangers of Non-Traded REITs

August 22, 2011

Increasingly, brokers are recommending that investors buy shares in non-traded real estate investment trusts, or REITs.  REITs are trusts that manage real estate assets.  If these REITs are on a stock exchange, the shares trade like a normal company (except that REITs are differently valued).  If they are non-traded, the REIT acts as a private […]

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Are You a Customer of National Securities Corporation?

August 17, 2011

National Securities Corporation was recently fined by FINRA for selling unsuitable securities to its customers.  Specifically, it recommended investments in Medical Capital Holdings Inc. and Provident Royalties, LLC. If you suffered financial losses because of your investments with National Securities Corporation, you may have options to recover your losses. Call Jeff Salas at Salas Wang […]

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Looking for H-1B Visas?

August 17, 2011

There are still plenty of H-1B visas available. FY 2012 H-1B Cap Count Cap Type   Cap Amount   Cap Eligible Petitions    Date of Last Count H-1B Regular Cap 65,000 25,300 8/12/2011 H-1B Master’s Exemption 20,000 14,700 8/12/2011  

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Did Google Pay Enough for Motorola?

August 16, 2011

Amid the fawning over the premium that Google is paying for Motorola Mobility, it’s worth looking at the leverage that Motorola had over Google.   Obviously, Google needed Motorola for strategic purposes in connection with the Android phone. Could Motorola have gotten more money?  Could Motorola have entered into a joint venture with Google so […]

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Fight! Transatlantic Gets Sued By Bidder

August 15, 2011

Validus, which bid on Transatlantic before Warren Buffett waded into the process, sued Transatlantic for breach of fiduciary duty in connection with its negotiations with other bidders. Does a target have a fiduciary duty to a bidder?  No.  But Validus sued as a stockholder based on the shares it acquired in anticipation of a transaction (shares […]

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Did Rating Agencies’ Vindictiveness Cause the Current Volatility?

August 11, 2011

According to this great NY Times article, Standard & Poor’s–which was caught sleeping during the financial crisis in ’08–is now reacting to the government’s effort regulate the rating agencies by downgrading U.S. Treasuries.  The article’s theory is that the S&P is trying to extort the government by tying U.S. Treasuries’ ratings to the amount of […]

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Stock Market Volatility for the Everyday Investor

August 10, 2011

As you probably know, the stock market has been a bit volatile in the last couple of days.  And, there is good reason for investors to be wary, because speculation and uncertainty are driving these recent waves.  Why?  Well, where everyday investors really don’t have the resources to take advantage of volatility, hedge funds and […]

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Investors Resigned to Losses?

August 8, 2011

When I see an article like this one, I imagine lots of people looking at their investment statements, 401(k) investments, IRAs, and other holdings while shaking their heads.  Retirement looks further away, kids’ college educations look more expensive, and that mortgage feels more oppressive.  Everyday folks need to worry about finances, and when the market […]

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