Panel awards $3.8m to ‘mom and pop’ investors whose risky investments tanked

Florida investors featured in Guardian investigation claimed they lost most of their life savings after a financial adviser put their money into ‘alternative’ assets In a victory for everyday investors, arbitrators have awarded $3.8m to 13 Florida seniors who claimed a financial adviser squandered their retirement money by plowing it into risky investments. The award … Read more

From Camelot to ‘outsider’: JFK’s grandson shakes up NYC House race taking aim at gatekeeping Dem ‘machine’

Jack Schlossberg, the only grandson of former President John F. Kennedy, is running for Congress in New York City, where he says, despite being a member of arguably the most prominent political family in American history, he’s heading an ‘outsider’ campaign that’s upsetting the political establishment power brokers. “It’s probably hard for people to believe … Read more