{"id":845,"date":"2011-03-11T13:35:23","date_gmt":"2011-03-11T13:35:23","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2011\/03\/wall_street_targeting_older_in"},"modified":"2022-03-18T15:36:54","modified_gmt":"2022-03-18T20:36:54","slug":"wall-street-targeting-older-in","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/wall-street-targeting-older-in\/","title":{"rendered":"Wall Street Targeting Older Investors With Structured Product Sales, Reports AARP"},"content":{"rendered":"

Unfortunately, there are elderly investors who end up suffering financial losses because a broker placed their money in investments that are unsuitable<\/a> for their needs. Many of these investors don’t realize that they may have grounds for a securities fraud claim.<\/p>\n

The AARP says that for many elderly Americans, the prospect of running out of money is scarier to them than the thought of dying-especially for those who are too old or sick to go back to work and rebuild their nest eggs. Although broker-dealers and investment advisers know how important it is for older investors to make sure that their money is placed in investments that are low risk, this isn’t always what happens, such as with structured products.<\/p>\n

While highly profitable for sellers, structured products aren’t always a great benefit to buyers who could stand to lose everything on an illiquid investment that has limited potential gain. Already, investors have lost about $164 billion in such risky investment. Yet structured product sales continue to grow.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Unfortunately, there are elderly investors who end up suffering financial losses because a broker placed their money in investments that are unsuitable for their needs. Many of these investors don’t realize that they may have grounds for a securities fraud claim. The AARP says that for many elderly Americans, the prospect of running out of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3803,3894],"tags":[],"class_list":["post-845","post","type-post","status-publish","format-standard","hentry","category-senior-investors","category-structured-products"],"yoast_head":"\nWall Street Targeting Older Investors With Structured Product Sales, Reports AARP — Investor Lawyers Blog — March 11, 2011<\/title>\n<meta name=\"description\" content=\"Unfortunately, there are elderly investors who end up suffering financial losses because a broker placed their money in investments that are unsuitable — March 11, 2011\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/wall-street-targeting-older-in\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Wall Street Targeting Older Investors With Structured Product Sales, Reports AARP — Investor Lawyers Blog — March 11, 2011\" \/>\n<meta name=\"twitter:description\" content=\"Unfortunately, there are elderly investors who end up suffering financial losses because a broker placed their money in investments that are unsuitable — March 11, 2011\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wall Street Targeting Older Investors With Structured Product Sales, Reports AARP — Investor Lawyers Blog — March 11, 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