Blum & Silver, LLP is a nationally-recognized securities law firm headquartered in South Florida. The primary focus of the firm is representing investors worldwide with their claims for losses due to stockbroker misconduct and brokerage firm negligence involving stocks, bonds, commodities and other products.
The firm is the lead counsel in numerous securities arbitration cases against many brokerage firms such as Merrill Lynch, Bank of America, Morgan Stanley Smith Barney, Wells Fargo, Securities America, Oppenheimer, UBS and many others.
We have handled over $500 million of investors' claims. The firm primarily handles cases on a contingency fee basis.
Our lawyers are admitted to practice in Florida, New York and New Jersey. Our cases have been featured in several national publications and our attorneys have been honored and recognized as Super Lawyers and Most Effective Securities Lawyers for their prior accomplishments.
Current News
- Medical Capital Investor Alert: Massachusetts Securities Regulators Have Sued Securities America, Inc. for Securities Fraud On Tuesday, the Commonwealth of Massachusetts filed a regulatory action against Securities America, Inc., accusing the brokerage firm of committing ....
- Medical Capital Investors Still Owed $1.7 Billion The court-appointed receiver for the Medical Capital fraud filed his sixth status report on January 11, 2010. As with the receiver’s earlier reports, ....
- Increased FINRA Arbitration in 2009 According to the Financial Industry Regulatory Authority (FINRA), 7,137 arbitration cases were filed by investors last year, up 43 percent from 2008 ....
- 2009: "The Year of the Ponzi Scheme" According to a recent Associated Press (AP) analysis, more than 150 Ponzi schemes collapsed in 2009, compared with about 40 in 2008. In other words, ....
- FINRA Expresses Concern about Principal Protected Notes FINRA issued a regulatory notice this month to remind brokerage firms of their sales practice obligations relating to the sale of principal protected ....
Current Investigations
- Provident Asset Management The United States Securities and Exchange Commission ("SEC") has charged Provident Royalties, LLC, Provident Asset Management LLC, and founders Brendan Coughlin, Paul Melbye, and Henry Harrison with securities fraud. The SEC claims that the limited partnership interests and preferred shares that the defendants sold in various Provident and Shale Royalties entities were part of a $485 mil... more
- Medical Capital Holdings The U. S. Securities and Exchange Commission (SEC) has accused Medical Capital Corporation (MCC), Medical Capital Holdings, Inc (MCHI) and Medical Provider Funding Corporation VI (MP VI) (collectively, "Medical Capital") of securities fraud. Specifically, the SEC has alleged in a lawsuit that Medical Capital defrauded investors by misappropriating about $18.5 million of investor funds an... more
- Lehman Brothers' Principal Protected Notes Lehman Brothers' Principal Protected Notes (PPN) were recommended as safe income-producing investments. Brokers at UBS and other firms pitched these products as similar to buying a basket of stocks (such as the S&P 500) but with the added benefit of up to 100% principal protection if the market went down. However, Lehman Brothers declared bankruptcy in September 2008.Retail customers... more
