Free Court Show With Jason Hartman

Free Court 15 - Investment Fraud on Wall Street with Former LA Deputy District Attorney John Lawrence Allen

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Synopsis

Securities litigation attorney John Lawrence Allen helps recover investor funds lost through investment fraud or incompetence. John is a former Los Angeles Deputy District Attorney and author of “Make Wall Street Pay You Back.” Jason Hartman and John Lawrence Allen talk about Wall Street dirty tricks plays and how average people can protect themselves from Wall Street. Allen also gives some tips for investors before they invest a large sum of money with an advisor or hedge fund. He also shares how financial advisors can mitigate their risk of fraud. Key Takeaways: (2:20) John Lawrence Allen: background and history of latest book (3:06) How Wall Street and the investment landscape have changed over the last 20 years (4:06) On the arbitration process (7:34) On the laws not being in favor of the consumer (11:13) Causes of action: fraud, incompetence, etc. (16:00) The extraordinarily high commissions on life insurance sales (18:11) How does the investor know what fees are being assessed by financial advisors? (21