SUPREME COURT BACKS INVESTMENT COMPANIES
INVESTORS
In this ruling, the Supreme Court has made it harder for the investor to seek remedy from bad advice given by an investment company, such as Merrill Lynch. So, it appears that the Court is saying that investment companies can mislead their investors into some pretty bad investments and there is nothing for the clients to do about it.
How is this different than Eron, who told their employees and others that the company was doing fine, yet at the same time, the executives were dumping their shares.
So, if you use an investment company and you lose your life savings on their bad advice, I guess you're screwed.
And who didn't believe that Alito was a true Republican.
Ironsides' Rant
My place to express my opinion of current events and get others to respond for an intelligent debate.
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