Florida investors featured in Guardian investigation claimed they lost most of their life savings after a financial adviser put their money into \u2018alternative\u2019 assets<\/p>\n
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.<\/p>\n
The award comes after the Guardian highlighted these investors\u2019 losses as part of an investigation<\/a> into dangers that so-called \u201cmom and pop\u201d investors face at a time when the Trump administration has thrown its support behind Wall Street\u2019s efforts to sell them more higher-risk \u201calternative investments\u201d.<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Florida investors featured in Guardian investigation claimed they lost most of their life savings after a financial adviser put their money into \u2018alternative\u2019 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<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68790","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=68790"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68790\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=68790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=68790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=68790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}