Category Archives: GBS Financial Corp

Former GBS Financial Broker Scott Glazer Charged with Stock Manipulations

December 22, 2014

The Financial Industry Regulatory Authority (FINRA) Department of Market Regulation filed a complaint against Scott Neal Glazer alleging that from January 2009-December 2011, Glazer employed manipulative and deceptive devices and contrivances in connection with purchases and sales of National Technical Systems, Inc. (NTSC). 

According to the complaint, Glazer personally owned significant quantities of NTSC shares and he and others manipulated the stock to prevent  a decline in price.

According to FINRA records, Glazer is currently registered with Western International Securities. He was registered with GBS Financial Corp from 10/2002-12/2013.

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.

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