State and Federal regulators recently announced that a final federal judgment had been entered against Safeguard Metals and its owner. The regulators alleged that the defendants operated a fraudulent scheme that targeted the elderly. Notably, it was back in 2023 that the parties entered a settlement and consent order. The parties included 30 state regulators and the CFTC.
If you are a precious metals retail dealer or an investor who believes you have been treated unfairly, Cosgrove Simpson has been representing precious metals companies and investors for almost 20 years. Our founding partner previously served as, among other things, the Commissioner of Securities for Missouri and the Chief Consumer Protection Prosecutor for Massachusetts.