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Ponzi Schemes

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Stock Fraudsters Prey on the Retired

Stock Fraudsters Prey on the Retired

Starr Austen & Miller has represented over 1,400 investors who have lost their hard earned savings to bad brokers and investment fraud.  Almost always the victim is an elderly person or someone nearing retirement who is defrauded of all or nearly all of their retirement savings.

The article, ” Pa. Broker Gets 5 Years for $2M Ponzi Scheme” from, an article authored by Hayley Fowler, summarizes a similar case.

Bad stock brokers and bad investment advisors will quote high returns while touting the “safety” of the investment they are pushing.  This pitch is especially attractive to retired folks who are worried about stretching their retirement earnings to meet retirement living expenses.

If you or your parents have fell victim to such investment fraud, call Starr Austen & Miller today for a free consultation.  We have been suing bad brokers and other fraudsters since 1982.

Scott L. Starr


The team of investment fraud lawyers at Starr Austen & Miller LLP fights for the protection of investors and handles cases involving securities arbitration misrepresentation, overconcentration, broker fraud, negligence and breach of trust.