October 8, 2014- The SEC obtained a judgement in US District Court for the District of Massachusetts against penny stock promoter Geoffrey J. Eiten for $727,029. Eiten had been named by the SEC in an action alleging that he and his company, National Financial Communications, (NFC) made material misrepresentations and omissions in publications they issued on penny stocks.
Eiten and NFC has published a penny stock promotional publication call the the “OTC Special Situations Report” The SEC alleged that the publications contained false information.
Rex Securities Law provides nationwide representation to investors 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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