Kons Law Offices, LLC is currently representing several investors in a FINRA arbitration proceeding against San Antonio, TX based financial advisor Matthew A. Bell and his brokerage firms regarding the investment losses that various investors suffered in certain penny stocks, including Location Based Technologies (LBAS), Codesmart Holdings (ITEN), Towerstream Corporation (TWER), and Evergreen Solar (ESLQR).
Penny stocks are considered to be risky (and in some cases speculative) investments which may not be suitable for all investors. Stockbrokers like Matthew Bell have a regulatory duty to ensure that any recommendation to purchase penny stocks is suitable for the needs of each customer. Both stockbrokers and their brokerage firms may be held liable for investment recommendations that are unsuitable for clients.
Kons Law Offices is currently representing several investors who have suffered losses with Matthew A. Bell on a contingency fee basis. If there no recovery obtained, then clients do not owe any attorneys’ fees.
If you have suffered losses in penny stocks with Matthew A. Bell while he was affiliated with Alamo Asset Advisors (Alamo Investment Advisors), WFG Investments (Williams Financial Group), Raymond James, or Securities America. please contact Kons Law Offices at (312) 757-2272 for a FREE, NO OBLIGATION consultation to discuss your legal rights.
Kons Law Offices represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentlossattorney.com.