We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Charles Schwab Corporation | NYSE:SCHW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.05 | 1.42% | 75.00 | 75.37 | 73.45 | 73.96 | 7,016,118 | 01:00:00 |
National investor fraud law firm, KlaymanToskes ("KT"), continues its investigation of and is filing a FINRA arbitration claim against TD Ameritrade on behalf of an investor who sustained losses in GPB Holdings, LP and other related non-registered private placement securities resulting from recommendations from their investment advisor through the TD Ameritrade AdvisorDirect® Referral Program.
TD Ameritrade, which was recently acquired by Charles Schwab (NYSE: SCHW), offers to help investors find a Registered Investment Advisor through its AdvisorDirect® service. TD Ameritrade’s website makes clear that based on your personal needs, “Our AdvisorDirect® referral program gets you an introduction to an independent [RIA]”.
The Securities and Exchange Commission alleges that GPB principals and their affiliated entities are “running a Ponzi-like scheme that raised over $1.7 billion from securities issued by … GPB Capital.” According to securities attorney Lawrence L. Klayman, “TD Ameritrade is responsible to conduct adequate due diligence selecting investment advisors for their referral program and to supervise the account activities for the fees they receive directly from client accounts.”
GPB Capital sold and marketed non-registered private placement notes through inadequate disclosure of illiquidity, high risks, and commissions, which made the investments unsuitable for most investors. Securities under investigation include:
The sole purpose of this release is to investigate on behalf of our client who purchased GPB Capital private placement notes through the TD Ameritrade AdvisorDirect® Referral Program. Investors who have TD Ameritrade AdvisorDirect® accounts with information relating to the manner in which their accounts were handled are encouraged to contact Lawrence L. Klayman, Esq., at (561) 542-5131.
Destination: https://klaymantoskes.com/td-ameritrade-gpb-investigation/
About KlaymanToskes
KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. KT has recovered more than $220 million for investors in FINRA arbitrations. KT has office locations in California, Florida, New York, and Puerto Rico.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211109005660/en/
KlaymanToskes Lawrence L. Klayman, Esq. (561) 542-5131 lklayman@klaymantoskes.com www.klaymantoskes.com
1 Year Charles Schwab Chart |
1 Month Charles Schwab Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions