If you suffered losses on GT Advanced Technologies (GTAT) purchased from Legend Securities we may able to help you recover damages through FINRA arbitration.
GT Advanced Technologies which traded at nearly $20 in late 2014 now trades at $.02.
Legend Securities was recently sanctioned by two regulatory agencies:
- South Carolina Division of Securities-assessed a fine of $300,000 for failing to enforce written supervisory procedures concerning sales of GT Advanced Technologies (GTAT) and committed securities fraud in connection with sale of GTAT by failing to disclose that GTAT had filed bankruptcy. See this for more.
- The Financial Regulatory Authority (FINRA)-assessed a fine of $125,000 for failing to tailor its anti-money laundering (AML) to its penny stock liquidation busines. See this for more information.
Legend Securities has been a FINRA member since 1998 and is headquartered in New York City. They have about 146 brokers in 14 branch offices.
Rex Securities Law , with offices in Boca Raton, FL, and 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.
Florida-561 391 1900