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.
FINRA sanctioned securities broker David George Joyce [CRD: 2665998, Naples, Florida], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. David Joyce worked for Carnes Capital Corporation from September 27, 2011, to May 24, 2024, where he served in supervisory and operational capacities, including as Chief Operating Officer until January 2024. […]
FINRA sanctioned securities broker Frederick Joseph Cammarano III (also known as Freddy Cammarano) [CRD: 2277307, New York, New York], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Cammarano worked for Spartan Capital Securities LLC from November 27, 2013, to December 31, 2024. Read on to learn more about allegations involving supervisory failures […]
Investors apparently complained about securities broker James Robert Ptacek Jr. (also known as Jim Ptacek) [CRD: 1959049, Willoughby Hills, Ohio], given the disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ptacek worked for LPL Financial LLC from February 14, 2018, to November 14, 2024. Investors are encouraged to continue reading to learn more about […]
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