Arbitration Law Firm of Klayman & Toskes, P.A. (www.nasd-law.com) announced today that it is investigating WFG Investments and Securities America relating to the supervision of Matthew A. Bell (“Bell”) and the sale of CodeSmart Holdings (OTC: ITEN), Cubed, Inc. (OTC: CRPT), StarStream (OTC: SSET) and The Staffing Group, Ltd. (OTC: TSGL). According to news reports, Bell was taken into custody by the FBI and later appeared in federal court in San Antonio. The FBI alleged that Bell, along with six others, participated in a $300 million stock manipulation scheme. While in Court, Bell was informed of a 10-count indictment “returned in Brooklyn, New York, and was released on unsecured bond with instructions to report to New York for trial.” News reports also stated that, “the indictment alleges Abraxas J. “A.J.” Discala, 43, who was once married to actress Jamie-Lynn Sigler, Tony Soprano's daughter, Meadow, on the television show — oversaw the scheme. The group is accused of pumping up the price of penny stocks and leaving investors holding worthless paper largely in CodeSmart, a company that purported to provide medical coding training required by the Affordable Care Act.”
ITEN
CRPT
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TSGL
