Meissner Associates

February 19, 2026 - NEW CASE: Meissner Associates files FINRA arbitration against T. Rowe Price for failing to protect an 85-year-old widow from a $1.1M "pump-and-dump" cyber-heist.
Today, Meissner Associates filed a major FINRA arbitration claim on behalf of a retired widow in Elmhurst, NY, whose lifelong $1.14 million portfolio was decimated in under an hour.

This wasn't just a hack—it was a sophisticated "pump-and-dump" scheme. Cyber-criminals liquidated her conservative blue-chip holdings (Apple, Microsoft, Nvidia) to purchase 475,200 shares of a speculative Chinese penny stock. Despite IP data showing logins from California and Florida within minutes of each other, no red flags were triggered.

Worst of all, T. Rowe Price has refused to honor its "Account Protection Program," instead choosing to blame the 85-year-old victim.

We are holding them accountable for these systemic compliance failures and are cooperating with the SEC and NYPD on this matter. , AARP
Full Press Release:
https://lnkd.in/ek5JH7Gz



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Pleased this week that our SEC Whistleblower clients were awarded max 30% /2.5M reward re: 4/18/23 action vs Betterment LLC for material misstatements& omissions related to its automated tax loss harvesting service. $9 million penalty and reimburse clients

www.sec.gov

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Tips to SEC Surge as Working From Home Emboldens Whistleblowers The U.S. Securities and Exchange Commission received about 4,000 tips, complaints and referrals of possible corporate wrongdoings from mid-March to mid-May, 35% more than in the same period last year. Lawyers chalk up the increase to the fact that many would-be tipsters are working from the privacy....