November 20, 2014
The US Securities and Exchange Commission (SEC) suspended the trading in four Ebola related penny stocks:
- Bravo Enterprises, LTD (OGNG)
- Immunotech Laboratories, Inc. (IMMB)
- Myriad Interactive Media, Inc. (MYRY)
- Whole health Products, Inc. (GWPC)
According to the SEC, questions have arisen concerning the accuracy and adequacy of publicly disseminated information, including information about the relationship between each of the company’s business prospects and the current Ebola crisis.
The SEC also issued an Investor Alert: Investment Scams Involving Ebola-Related Companies.
The Financial Industry Regulatory Authority (FINRA) had issued a similar alert several weeks ago.
If you suffered losses on an Ebola related investment that was recommended to you by your stock broker, contact us to discuss how you may be entitled to damages.
Rex Securities Law , located in Boca Raton, FL, 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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