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Articles Posted in FMS Bonds

Frontier Communication Bonds Investors May Be Able To Recover Losses Through Broker Fraud Claims

Published on: September 11, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Following Bankruptcy Proceedings, Bondholders Turn to FINRA Arbitration

Now that Frontier Communications Corp. has filed for bankruptcy protection, investors who bought the company’s bonds may be grappling with how to recover their losses.

At Shepherd Smith Edwards and Kantas (SSEK Law Firm), our bond fraud lawyers are here to tell you that you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim against the broker that sold you these investments.

FMS Bonds Accused of Overconcentrating Texas Investor’s Portfolio in Bad Bonds, Including Frontier Communications Investments, Causes $1M in Losses

Published on: May 26, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Broker-Dealer Allegedly Misled Novice Investor And Placed Funds In Risky Junk Bonds

FMS Bonds, formerly called First Miami Securities, is the subject of yet another investor fraud lawsuit. This time it’s for misleading an inexperienced bond investor from the Dallas, Texas area and causing him to overconcentrate his portfolio with low rated, long-term “junk” bonds and other bad bonds, including those issued by Frontier Communications. The account eventually blew up, causing the claimant to suffer approximately $1M in losses.

Our Texas investor lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) are representing this investor in Financial Industry Regulatory Authority (FINRA) arbitration to recover these losses. The hearing will take place in the Dallas area.