Neuberger Berman - Francis Fraenkel Illegal Hedging of Clients' Cash for benefit of the Broker New York, New York
While being a client of Neuberger Berman I had a large % of my money kept in Cash. The money was shuffled around, commissions paid out, and the money was lost. I found out that my Financial Manager used my money to invest it for himself (a criminal violation). Some of the statements show illegal transactions.