Articles Posted in Firm News

Clawback Claims Coming to ZeekRewards Ponzi Scheme?
Samuels Yoelin Kantor LLP

Forbes Magazine recently reported that many of the so called “net winners” in the ZeekRewards (“Zeek”) Ponzi Scheme will almost certainly be targeted for “clawback” lawsuits seeking the return on their profits. Our firm represents good faith investors who have been sued by trustees and receivers in clawback actions. Our senior attorney at Banks Law,…

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Update on Meridian Clawback Claims
Samuels Yoelin Kantor LLP

Investors are reporting to our office that they continue to receive calls and correspondence from the Meridian trustee, Mark Calvert, and his law firm K&L Gates, pressuring investors to pay his settlement demands before June 12. Our clients report that Mr. Calvert continues to refuse to settle for anything less than 100% of the interest…

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Meeting for Meridian Victims Scheduled
Samuels Yoelin Kantor LLP

Interested Meridian investors are invited to join Robert S. Banks, principal attorney at Banks Law Office, for an informational meeting to review their potential defenses against the demand for return of payouts. The conference call will take place on Thursday evening, May 24th. Please call our office for details 1-800-647-8130

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Investigation of Non-Traded REITs for Non-Disclosure of Investment Risks
Samuels Yoelin Kantor LLP

PORTLAND, Ore.— Banks Law Office is investigating claims filed by the Financial Industry Regulatory Authority (FINRA) against David Lerner & Associates (DLA) for selling non-traded real estate investment trusts (REITs) to seniors without disclosing the risks of the investment, violating federal securities laws. Last month, clients holding shares in non-traded REITs created by Apple REIT Cos.…

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Alert for Meridian Mortgage Investors
Samuels Yoelin Kantor LLP

For Immediate Release Meridian Mortgage investors were unpleasantly surprised to receive a letter from the K&L Gates law firm demanding that they repay interest and dividends they may have received from their Meridian Mortgage investments (Seattle Times on the web 29 April 2012). A Banks Law Office client received such a letter, which threatened to…

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Meridian Mortgage Investors in “Clawback” Claims Brought by Trustee Mark Calvert
Samuels Yoelin Kantor LLP

Innocent Meridian Mortgage investors were unpleasantly surprised to receive a letter from the K&L Gates law firm demanding that they repay interest and dividends they may have received from their Meridian investments as long ago as 2004. One of our clients received such a letter, which threatened to sue him for the amount of his…

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Are you at Risk for Investment Fraud?
Samuels Yoelin Kantor LLP

FINRA posted a tool for investors to calculate their risk for investment fraud. Answer a few simple questions on FINRA’s Risk Meter to find out if you share behaviors and characteristics that have been shown to make some investors more vulnerable to fraud. Click here to use the risk meter on the FINRA website: http://apps.finra.org/meters/1/riskmeter.aspx

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Client Reviews

Darlene was just fantastic in every way representing me in resolving an over two year situation with me as beneficiary in a Trust . . . She turned every over every rock and stone and actually saved me half of her fee...

Client, Trust Dispute

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