Alan Rosca

Our law firm, along with co-counsel, won a $1m+ award against Morgan Stanley on behalf of a pair of former Morgan Stanley advisors, for the deferred compensation they were forced to forfeit when they left the firm. This is the second win for the trial team. We argued that Morgan Stanley's deferred compensation plan violated ERISA.

The Panel of arbitrators unanimously granted 100% of the advisors' deferred compensation, plus interest, attorney's fees, and case costs.

We are pursuing similar cases on behalf of 150+ former Morgan Stanley advisors.

The award is available below.

Disclaimer: Past performance is not indicative of future results and each case must be evaluated on its own facts & circumstances.

What Do Crypto and AI Get-Rich-Quick Schemes Have in Common? See my thoughts on FOMO and Flimsy Due Diligence that often lead to poor investment choices in my latest article published by the Entrepreneur Magazine

AI Fraud is Coming. Here's What to Look Out For. | Entrepreneur A new wave of fraudulent investment schemes is coming — and it's powered by AI.

Honored and humbled to be one of the two legal professionals quoted by the Cointelepgraph Magazine in their piece about the SBF's DealBook Summitt interview:

https://cointelegraph.com/news/legal-professionals-astonished-as-sbf-admits-failures-apologizes-12-times-in-interview

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview Appearing via video conference at the New York Times’ DealBook Summit, Sam Bankman-Fried apologized or admitted failures at least a dozen times.

Gaylen Rust, accused on running a $200 million Ponzi scheme, recently pleaded guilty to wire fraud, securities fraud and money laundering. As one of the attorneys representing victims of Rust's alleged scheme, I was quoted by Fox News in their latest article covering the story:

https://www.fox13now.com/news/local-news/gaylen-rust-utahn-accused-of-200-million-ponzi-scheme-pleads-guilty

Gaylen Rust, Utahn accused of $200 million Ponzi scheme, pleads guilty Rust also agreed to pay $153 million in restitution to more than 500 victims, though it's unlikely he'll be able to pay.

I was quoted in the BusinessDen on the Tyler Tysdal case.

Click below to access a great piece explaining how fraudsters like Tysdal (who recently pled guilty) are getting more and more sophisticated at "burying" bad news about them online.

https://businessden.com/2021/07/19/tyler-tysdal-pleaded-guilty-in-court-but-online-things-look-more-upbeat/

Tyler Tysdal pleaded guilty in court. But online, things look more upbeat - BusinessDen Here’s what happens when you Google the name of the Lone Tree man who admitted to securities fraud.

or investments products have seen a rise in popularity recently, but as the number of investment opportunities increased so did the number of cannabis related investment scams. Click to read a summary of uncovered CBD related scams over the last year

https://alanrosca.medium.com/the-pitfalls-of-exotic-alternative-investments-a-summary-of-recent-cannabis-related-scams-52f5b9937808

The Pitfalls of Exotic Alternative Investments: A Summary of Recent Cannabis Related Scams In the last decade the legalization of cannabis spread across the county. As of recently, medical and recreational ma*****na is legal in 37…

Is the country’s current rebirth and surging optimism leading to excess and a possibly new Roaring Twenties? Read my latest article published by the Entrepreneur Magazine.

https://finance.yahoo.com/news/roaring-twenties-why-wary-market-170000976.html

The New Roaring Twenties? Why You Need to Be Wary of Market Fever. Post-pandemic optimism can easily cross over into exuberance and excessive risk-taking.

What are REITs? Why valuation of REITs can vary so widely? How were REITs affected by the recent pandemic and will they bounce back? How can REIT investors protect themselves?

Find the answers to these questions in my recent article https://alanrosca.medium.com/retirement-investment-risks-arising-out-of-the-covid-driven-reit-struggles-4678654b2ba8

Retirement Investment Risks Arising out of the COVID-Driven REIT Struggles Real estate investment trusts (REITs) are often pitched as ways to invest like the wealthiest Americans: you invest in part of a property…

I am honored and excited to announce that my biography was included in the Marquis Who's Who biographical volumes. Read the official press release by visiting https://www.24-7pressrelease.com/press-release-service/480461

Alan Rosca, Esq., Celebrated for Dedication to the Field of Law March 30, 2021 -- Mr. Rosca focuses in various complex litigation matters with Rosca Law

I was recently a guest at Gary Heldt's Grow Your Business and Grow Your Wealth podcast where we discussed topics such as:

● The role of FINRA in investment disputes;
● How investors become victims of Ponzi schemes;
● Why investors are well advised to investigate their investment professional and how they can accomplish that;
● Who are the investors who become victims of financial misconduct or Ponzi schemes;
● Why it’s important to do your due diligence when entrusting your money to your broker for investment;
● What are the signs that should be interpreted as red flags by investors before investing.

Watch the episode linked below to learn the answers to these questions, and connect with Gary Heldt at Small Business Advisors
https://youtu.be/D93wFRHSEVI

Connect with me:
https://twitter.com/alanrosca
https://www.linkedin.com/in/alan-rosca/

The Grow Your Business and Grow Your Wealth podcast with Gary Heldt Episode 029 Alan Rosca Alan Rosca– The Grow Your Business and Grow Your Wealth podcast with Gary Heldt Episode 029 Alan RoscaAlan Rosca is a securities attorney, adjunct professor ...

According to the data from the Association of Certified Fraud Examiners the affinity fraud is on the rise. Read what is affinity fraud, how do you recognize its signs, and examples of recent affinity fraud cases in my latest article published by Global Law Experts

https://www.globallawexperts.com/NewsArticle.aspx?PID=2592&fbclid=IwAR0EMOhJGCis4jALNJYKVWzt4sQPFJMuYAAF-7u8OUx8LD1hkNwxlsO5LJ8

Global Law Experts - Affinity Fraud and Ponzi Schemes: Victimizing One's Own Global Law Experts

What is a scheme and other related questions answered in my latest article published by Entrepreneur:

https://finance.yahoo.com/news/victim-ponzi-scheme-192000874.html

Are You About to Be the Victim of a Ponzi Scheme? Watch for these warning signs of a Ponzi scheme in progress.

Millionacres by The Motley Fool just published an article on the impact of the Nashville bombing on the future of CRE. Click the link below to read my interview on whether such an act can affect attitudes toward doing business in central cities, and what does it say about our resiliency to withstand attacks on critical infrastructure.

https://www.fool.com/millionacres/real-estate-investing/articles/what-does-the-nashville-bombing-say-about-the-future-of-downtown-cre/

What Does Nashville Bombing Say About Future Downtown CRE? The downtown Nashville bombing sparks some discussion about CRE investment in the central city.

According to data from the Federal Trade Commission, as of mid-September, Americans have lost an estimated $145 million to coronavirus scams. Alan Rosca on top red flags investors should consider if approached to invest in a COVID-19-related opportunity:

https://www.law360.com/articles/1330672

5 Red Flags For Pandemic-Related Investment Scams - Law360 As the U.S. Securities and Exchange Commission clamps down on fraudsters seeking funding for pandemic-related products and services, several warning signs can help identify investment scams, says Alan Rosca at Goldman Scarlato.

Kentucky-based scams that cost victims $2.4 million bring 53-month sentence

Legislative reform is badly needed to allow SARs to be subpoenaed in civil securities litigations. Find our responses to regulatory and policy arguments against making SARs discoverable in my latest article published by Crain's Cleveland Business.

https://www.crainscleveland.com/guest-blogger/fincen-leaks-show-need-transparency-including-civil-litigation

FinCEN leaks show need for transparency — including in civil litigation 'Leaked Suspicious Activity Reports filed with the U.S. Department of Treasury's Financial Crimes Enforcement Network, or FinCen, revealed an outrageous pattern of major banks continuing to allow nefarious actors to move trillions of dollars in tainted money through the banks' infrastructure — a s...

What is selling away? Does it happen often, and who is responsible?

Investor advocates elaborate on the subject of investment advisers working from home without adequate supervision: https://www.crainscleveland.com/guest-blogger/investment-advisers-working-home-heightens-selling-away-concern

Investment advisers working from home heightens ‘selling away' concern

Regardless of SEC Rules, investors must be vigilant. Six tips on how can investors protect themselves:

https://www.crainscleveland.com/guest-blogger/new-sec-rules-or-not-investors-still-need-be-vigilant

New SEC rules or not, investors still need to be vigilant 'As an attorney who regularly represents investors in disputes arising out of investment fraud or misconduct, here is my advice: Never assume your assets or your interests are protected by either regulations or verbal assurances,' securities lawyer Alan Rosca writes.

Banks are now able to conceal their role in fraudulent schemes from victims of such schemes, because of an obscure provision in the AML rules. This must change.

Investor Advocates Call for Banking Reform
https://www.prnewswire.com/news-releases/investor-advocates-call-for-banking-reform-in-the-wake-of-fincen-sar-leaks-involving-global-banks-301136740.html

Investor Advocates Call for Banking Reform in the Wake of FinCEN SAR Leaks Involving Global Banks /PRNewswire/ -- The investor right lawyers at the Goldman Scarlato & Penny law firm, who often represent victims of investment fraud against banks that...

Quoted by The Millennial Source on the recent FinCEN Files document leak

https://themilsource.com/2020/09/24/the-fincen-files-the-worlds-latest-banking-corruption-scandal-explained/

The “FinCEN Files,” the world’s latest banking corruption scandal, explained A recent BuzzFeed News report, in cooperation with the International Consortium of Investigative Journalists and more than 100 news...

I was recently interviewed by Financial Advisor Magazine on how even financial advisors can fall victims to scams that cost investors millions of dollars.

Read the full interview here: https://www.fa-mag.com/news/like-investors--advisors-can-fall-victim-to-scams-58189.html?section=

Advisors Can Fall Victim To Scams, Too A network of professionals can lend legitimacy to fraudulent investments, an investor advocate attorney says.

Quoted by MONEY Magazine on importance of background check when finding a Financial Advisor.

https://money.com/how-to-choose-a-financial-advisor/

Finding a Financial Advisor Is Easier Than Ever. So Why Is It So Hard to Pick a Good One? The options can be overwhelming.