Merrill Lynch Settles for $39M Class Action Lawsuit Alleging It Didn’t Pay Enough Interest to Clients With Cash in Retirement Accounts

Published on: November 2, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Broker Fraud Lawyers at Shepherd Smith Edwards and Kantas Are Continuing To Investigate

Following a $39 million class action settlement where Merrill Lynch was accused of paying near-zero interest on retirement cash accounts, our Broker Fraud Lawyers at Shepherd Smith Edwards and Kantas are continuing to investigate affected investors. These securities attorneys help clients evaluate whether to remain part of a class action or pursue individual FINRA arbitration to maximize their recovery for mismanaged cash sweep programs.

In a class action settlement, Merrill Lynch agreed to pay $39M over allegations that it didn’t pay enough interest to brokerage clients holding cash. Instead, contend the plaintiffs, the brokerage firm paid close-to-zero interest rates rather than market rates on the cash in their retirement accounts.

New York Regulation Best Interest Investor Lawyers

Published on: November 2, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Representing Investors Whose Financial Advisors Prioritized Their Brokerage Firm’s Financial Interests When Making Investment Recommendations

Shepherd Smith Edwards and Kantas features dedicated Regulation Best Interest Investor Lawyers who represent clients when financial advisors prioritize firm profits over investor interests. Operating out of their Buffalo office, these New York attorneys help victims of SEC rule violations pursue financial recovery through FINRA arbitration claims.

At Shepherd Smith Edwards and Kantas (investorlawyers.com), we represent New York investors who suffered serious losses after their financial advisor violated Securities and Exchange Commission (SEC) Regulation Best Interest (Reg BI). This rule, which has been in effect since the end of June 2020, prohibits brokers from placing their own financial interests over the interests of their customers when working with them.

Are You an Investor Who Suffered Losses in Zero Coupon OH Fulfillment DST?

Published on: November 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Contact Our Delaware Statutory Trust Recovery Attorneys Today

Our Delaware Statutory Trust Recovery Attorneys at Shepherd Smith Edwards and Kantas are investigating brokerage firms that sold high-risk, illiquid Zero Coupon OH Fulfillment DST investments to retail investors and retirees. These securities lawyers help affected clients evaluate whether their financial advisors made unsuitable recommendations, charged exorbitant upfront fees, or failed to disclose critical investment risks to pursue recovery through FINRA arbitration.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is investigating the brokerage firms that sold Zero Coupon OH Fulfillment Delaware Statutory Trust (DST) to customers. This DST, issued by sponsor Private Inland Private Capital, owns a more than 700,000 square feet single-tenant industrial center that is currently an Amazon Fulfillment Center in Rossford, Ohio.

Shepherd Smith Edwards and Kantas Is Investigating Brokers That Sold Internacional Gatsby DST

Published on: October 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Delaware Statutory Trust Lawyers Are Here To Help Investors Explore Their Legal Options

Our DST investment loss recovery attorneys are currently investigating brokerage firms like McDermott Investment Services for unsuitably recommending or failing to disclose high fees associated with the Internacional Gatsby Delaware Statutory Trust. If you suffered financial losses in this offering, our experienced securities team can evaluate your claim and assist you in recovering funds through FINRA arbitration.

If you are an investor who suffered losses in Internacional Gatsby Delaware Statutory Trust (DST), please call Shepherd Smith Edwards and Kantas (investorlawyers.com) right away. We are investigating McDermott Investment Services and other brokerage firms that may have unsuitably sold this Regulation D offering or made misrepresentations and omissions about the risks.

Did You Suffer Investment Losses While Working With Former Broker Clarice Crystal Saw?

Published on: October 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

SEC Issues Permanent Bar Follow Elder Financial Abuse Allegations

Our elder financial abuse lawyers are actively investigating claims against former broker Clarice Saw following allegations that she misappropriated $2.4 million from an elderly client. If you or a loved one suffered serious portfolio losses while working with Clarice Saw, our team can help you evaluate your legal options for recovering your funds.

If you are an investor who sustained serious portfolio losses while working with now fired Coastal Equities financial advisor Clarice Crystal Saw, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) right away. The US Securities and Exchange Commission (SEC) sued Saw for allegedly defrauding an elderly client of $2.4M and won. Our elder financial abuse lawyers are looking into these allegations as well as whether other customers were similarly harmed.

Shepherd Smith Edwards and Kantas Continues To Investigate Brokers That Sold Participant Growth Fund To Investors

Published on: October 12, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Allegations of Unsuitable Investment Recommendations Involving This Private Equity Real Estate Investment

The law firm Shepherd Smith Edwards and Kantas is investigating brokers who unsuitably recommended risky, illiquid Participant Capital private equity real estate funds to retail investors, potentially driven by high commissions of up to 10%. Following a recent FINRA arbitration award of nearly $460,000 against a broker-dealer over Participant Capital losses, the firm is offering contingency-based legal representation to help affected investors recover their funds.

If you are an investor who suffered losses in Participant Capital Growth Fund, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. We are continuing to investigate claims that brokers may have unsuitably recommended this alternative investment, and other Participant Capital products, including Participant Capital Fund I, to customers.

Denver, Colorado Misrepresentations and Omissions Law Firm

Published on: October 12, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Contact Shepherd Smith Edwards and Kantas If Your Broker Left Out Or Misstated Important Information And You Suffered Investment Losses

Shepherd Smith Edwards and Kantas represent Colorado investors who have suffered portfolio losses due to false statements, misleading advice, or undisclosed information from their financial advisors. Their experienced Denver securities attorneys help victims navigate FINRA arbitration to hold negligent or fraudulent brokers accountable and recover their investments.

As an investor who hires a financial advisor, you want to know that you can trust them to give you sound financial advice, as well as disclose all material facts that you need so you can make the right decisions for you and your money. Unfortunately, broker misrepresentations and omissions remains a serious problem that can cause investors to suffer portfolio losses.

Denver Regulation Best Interest Law Firm

Published on: October 12, 2026 | by Shepherd Smith Edwards & Kantas, LLP

We Represent Investors Whose Brokers Failed to Prioritize Their Financial Interests When Making an Investment Recommendation

As a premier Denver Regulation Best Interest Law Firm, Shepherd Smith Edwards and Kantas represents Colorado investors who suffered financial losses due to broker-dealer misconduct. Their experienced securities attorneys help clients hold financial advisors accountable under SEC Reg BI rules and pursue recovery through FINRA arbitration.

If you are a Colorado investor who suffered portfolio losses, and you are wondering whether your broker disregarded your best interests, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. Our Denver Regulation Best Interest lawyers have more than 100 years of collective experience representing claimants against broker-dealers and investment advisers.

Are You An Investor Who Suffered Losses in TriLinc Global Impact Fund?

Published on: October 12, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Contact Our Broker Negligence Lawyers Today To Explore Your Legal Options

This news article highlights potential claims for investors who suffered losses in the TriLinc Global Impact Fund, a high-risk emerging-market SME lender that recently stopped paying dividends and failed to file required financial reports. Shepherd Smith Edwards and Kantas Broker Negligence Lawyers are investigating broker-dealers for potential negligence, misconduct, or failure to disclose these risks to clients, offering representation in FINRA arbitration to recover damages.

If your broker sold you TriLinc Global Impact Fund (TGIF) as an investment opportunity, and you are concerned about your money after it stopped paying dividends, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. Our securities law firm is investigating claims of stockbroker misconduct and negligence that may warrant you suing your financial advisor for your losses.

Why Are CAI Investments Manufacturing Essential Asset DSTs Investors Exploring Their Legal Options

Published on: October 12, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Allegations of Financial Troubles, as Well as Unsuitable Investment Recommendations by Brokers, Raise Concerns

The law firm Shepherd Smith Edwards and Kantas is investigating brokers for potentially unsuitable recommendations and due diligence failures related to the $182M CAI Investments Manufacturing Essential Asset DST. The investigation follows reports that the real estate offering suspended monthly dividend payouts, requested additional capital from investors, and faces a foreclosure lawsuit on its primary Illinois facility.

If you are an investor who suffered losses in a CAI Investments Manufacturing Essential Asset Delaware Statutory Trust (DST), contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. We are looking into allegations of unsuitability and due diligence failures by the brokers that recommended and sold this Regulation D offering to customers.