Medical Capital Holdings

• Ladenburg Thalmann to Buy Securities America

  By Janet Levaux, AdvisorOne  |  September 29, 2011

  Ladenburg Thalmann said that it planned to pay Ameriprise Financial $150 million in cash for Securities America in late August. In addition, the Miami-based broker-dealer says it will pay up to $70 million in 2012 and 2013 in so-called earn-outs, as the firm explained in an SEC report. Plus, Ameriprise...

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  Securities America Sale: Final Price Could Be $220 Million; Big Retention Bonuses

  By Janet Levaux, AdvisorOne  |  August 19, 2011

  Ladenburg Thalmann files 8-K; retention bonuses of 15% of yearly fees and commissions are being offered by the company, sources say.

• WFP Securities Latest Broker-Dealer to Close

  By John Sullivan, AdvisorOne  |  June 6, 2011

  Latest company to shutter in MedCap, Provident case.

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  Securities America Denies Charges of Departing Reps

  By Janet Levaux, AdvisorOne  |  May 1, 2011

  Anonymous sources insist advisors are leaving or planning to leave the firm.

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  Ameriprise to Pay $150 Million to Settle Securities America Charges

  By James J. Green, AdvisorOne  |  April 21, 2011

  Settlement still needs court approval, claimants’ buy-in; no wrongdoing admitted by Securities America.

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  Securities America’s Calls With FAs Focus on ‘Progress’

  By Janet Levaux, AdvisorOne  |  March 29, 2011

  Mood of some Securities America advisors and experts remains cautiously hopeful, while others stay skeptical

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  ‘Substantial Progress’ Reported in Securities America Mediation Talks

  By James J. Green, AdvisorOne  |  March 26, 2011

  Independent BD, backed by parent Ameriprise Financial, says “all interested parties” have committed to a process to resolve legal issues.

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  Securities America Isn't Only BD That Sold Provident, Med Cap, List Shows

  By Janet Levaux, AdvisorOne  |  March 23, 2011

  While most advisors may emerge unscathed, the independent broker-dealers that survive may need to rework operations to stay afloat.