May 29, 2009

Free Community Lunch and Learn Seminars for Victims of Stockbroker fraud in Palm Beach County

LaBovick & LaBovick is pleased to announce FREE Community Lunch and Learn Seminars from the Financial Services Division. The Seminars will be conducted by Attorney Marc S. Dobin in Palm Beach County on June 8th and June 15th.

The Lunch and Learn Seminars will kick off in North Palm Beach County and South Palm Beach County in June. The Seminars will be held at Toojay's in Boca Raton and Toojay's in Palm Beach Gardens. The purpose of the Seminars is to educate Investors who have lost money in the market due to mismanagement of funds by a Broker. The Seminars will also share tips for Financial Investors on how to prevent stockbroker fraud. Unfortunately, retired investors and professionals that have relied on the wisdom and skills of a Broker are the ones that typically fall prey to stockbroker fraud. They have allowed a Broker complete control over the management of their account.

According to Marc Dobin, “This investing climate is unlike anything I’ve witnessed. The investing public wants to know how to protect themselves from having this happen again.”

If you or someone that you know have been a victim of Stockbroker fraud for over $100,000 and want to learn more about your rights, call 561-625-8282 to RSVP. All registered participants must have a confirmation number to attend. Attendees will not be allowed to attend without a confirmation number. Space is limited; therefore, all Attendees are required to RSVP.

The Educational Stock fraud Lunch and Learn Seminars will be held on the following dates:
A. June 8th - TooJays - Downtown at the Gardens
B. June 15th - TooJays - Boca Raton - Glades Road

“The purpose of our Educational Lunch and Learn Seminars is to share tips and techniques that will help investors become a more involved and knowledgeable investor. And we will show investors what to do when things go wrong,” added Marc Dobin.

Investors that have lost over $100,000 in the stock market due to mismanagement of funds by a Stockbroker should attend one of the Stock fraud Lunch and Learn events. Call 561-625-8282 to RSVP and learn about your rights and how you can protect yourself from this happening again.

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May 27, 2009

The cool thing about being a lawyer

Several years ago, my kids asked me what I “do”. They see the great computers, the phones, and all the other accoutrements of a successful law practice, but they wondered if I did anything other than surf the Internet during the day.

I told them that I try to help people with their problems. I reminded them of some of my more notorious cases, including one case where we recovered millions of dollars for a client who had lost virtually everything at the hands of a scam artist.

I was reminded of that conversation when I received something in the mail today. I recently represented a client who had never had a lawyer before. He was a stockbroker whose client had named him and his former employer in an arbitration. I was hired to protect him and be his advocate.

We met the day before the arbitration because he was in Orlando and I was in Jupiter. We talked about the case and a lot of other things. One thing he told me was that he never finished college. We won the case.

While I was driving home from the hearing, I talked to the client. I told him about how much I enjoyed working with him and he told me how glad he was to have me in his corner. He said that he had thought about going to law school. I asked him “why not go now?” Next thing I knew, he told me that he had decided to go back to college and get his degree. When I received the arbitration decision and called him, he was at the college getting registered.

One of the projects that he had to complete was an interview of someone who inspired him. He chose me. I was flattered (which is not easy). We talked for a while on the phone and he learned about my background, philosophy of practice and feelings about life and law school. I told him that I love being a lawyer. And he is one of the reasons why.

He sent me a copy of what he wrote for the class. It was very well written (despite its topic), he got a well-deserved “A” and it made me think, again, about why I love being a lawyer. It’s clients like him.

Congratulations Eddie. I look forward to your graduation

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May 7, 2009

Steps Investors can take to protect against Fraud

It is estimated that Americans have lost nearly 40% of their net worth. Many people are wondering what they can do to protect themselves when they first start investing. Then they are asking what to do after they feel they've been poorly treated by their stockbroker.

John Gannon, of FINRA (www.finra.org) recently appeared on CNBC to discuss these topics.

When handing your own money over to a relative stranger, it always pays to be vigilant, circumspect and involved.

And if you think that you've been taken advantage of, seek assistance through the regulators and a qualified securities arbitration lawyer.

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