Soreide Law Group is investigating claims on behalf of John Thomas Financial investors that have suffered losses investing in Liberty Silver (LBSV). Please contact one of our securities attorneys at 888-760-6552 to discuss your rights.
In late August, 2012, there was a flurry of trading activity in shares of Liberty Silver Corp., which had the net effect of pumping up the Company’s share price from $.075 cents to $1.58. During this same period, the Company’s market value climbed from $61 million to $125 million. This flurry of trading activity is thought to involve stock investor Bobby Genovese, who is reported to have owned or controlled approximately 48,400,000 in undisclosed free trading shares of Liberty Silver.
Because of this flurry of trading activity, on October 5, 2012, the United States Securities and Exchange Commission (SEC) halted U.S. trading of Liberty Silver Corp. for a period of nearly two weeks, which resulted in LBSV being downgraded to the Grey Market pursuant to Rule 15c2-11. That same day, the Investment Industry Regulatory Organization of Canada issued a temporary halt to Canadian trading of Liberty Silver Corp. on the Toronto Stock Exchange.
One or more investors possibly experienced losses because of securities broker Scott Jason Hechler [CRD: 5277526, Garden City, New York], based on public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Hechler has worked for Spartan Capital Securities LLC since May 15, 2023. Previously, he worked at SW Financial from December 10, 2019 […]
Investors potentially experienced sales practice violations due to securities broker Rodger Anthony McAlister [CRD: 2676623, Louisville, Kentucky], according to disclosures on FINRA BrokerCheck. Evidently, McAlister has worked for Money Concepts Capital Corp since December 12, 2005, and for Money Concepts Advisory Service since March 12, 2007. Read below to learn more about McAlister’s disclosures and […]
Investors apparently complained about securities broker Paul N. Lekousis [CRD: 2545673, La Grange Park, Illinois], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Lekousis has worked for OneAmerica Securities Inc. since October 16, 2023, in Indianapolis, Indiana, and since November 30, 2023, in La Grange Park, Illinois. Previously, he […]
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