April 21, 2015-
The Securities and Exchange Commission (SEC) suspended trading in the securities of ForceField Energy, Inc. (FNRG) until May 5th due to concerns about the adequacy and accuracy of information available to investors in recent articles and promotions touting FNRG. The SEC also is concerned about potential recent manipulation of the stock.
ForceField’s CEO Richard St. Julien was arrested earlier this week, according to a release from the US Attorney’s office , on charges of securities fraud conspiracy. The arrest occurred as he was boarding a plane in Ft. Lauderdale bound for Costa Rica.
ForceField purports to be a worldwide distributor of LED lighting products.
Rex Securities Law , located in Boca Raton, FL, (and soon to be opening an office in Bee Cave, just outside of Austin, TX) provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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