Soreide Law Group is currently investigating claims against brokers who have over concentrated their clients into Facebook stock.
Amazingly, Facebook's p/e (Price to Earnings) ratio is 105 to 1. Consider for a moment that a fairly valued stock is normally around 15 to 1. Apple, for example, is 13 to 1, Microsoft is 11 to 1, Hewlett-Packard 7.7 to 1.
Some big investors are selling off earlier than expected, uncomfortable about the Facebook bubble about to burst.
Facebook is unconventional. It makes its money from advertising, not users. The users don't have to buy anything to use the product. They can just basically 'hang out' on Facebook all day, and not pay a thing. Allegedly, advertisers are getting disillusioned. GM recently discontinued much of its Facebook advertising allegedly because of its lack of effectiveness.
The day Facebook went public they were sued by users for $15 billion allegedly for invasion of privacy for tracking their online usage, even after they logged off of Facebook. How will this affect the company?
Securities Lawyer, Lars K. Soreide, of Soreide Law Group, PLLC, has represented clients nationwide. If you or a family member have sustained investment losses due to your stock broker or financial advisor’s recommendations in Facebook stock, call for a free consultation on how to potentially recover your losses. To speak with an attorney call 888-760-6552, or visit our website at: https://www.securitieslawyer.com.
Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.
Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]
Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]
Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]
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