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LaSalle St. Securities Sanctioned Over Sale of Private Placement Offerings

LaSalle St. Securities Sanctioned Over Sale of Private Placement Offerings

LaSalle St. Securities Sanctioned Over Sale of Private Placement Offerings 150 150 Rex Securities Law

November 10, 2014- LaSalle St. Securities, headquartered in Chicago with 232 brokers in 107 branch offices was censured and fined $175,000 by FINRA to resolve allegations that LaSalle:

  • Failed to exercise adequate due diligence in connection with the sale of Seat Exchange Corporation, a private placement offering
  • Distributed a private placement memorandum for the sale of Revitalight Operators, LLC, that did not include certain material facts and failed to adequately supervise the selling broker

If you suffered losses as a result of investing in Seat Exchange Corp. or Revitalight Operators, you may be able to recover damages through FINRA arbitration.

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.

Rex Securities Law

561 391 1900

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