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Bxofscidad

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Bxofscidad

Re: Hotrodder1 post# 60037

Tuesday, 02/24/2015 12:14:59 AM

Tuesday, February 24, 2015 12:14:59 AM

Post# of 80490
If my memory serves me right, Morgan Stanley brought them public. That is to the best of my recollection, because I represented one of the brokers who sold quite a bit of the $25,000 units of the issue to his clients, and Morgan was offering a bonus (consisting of Ariad common) to the brokers for each unit sold. Prior to the issuance of these bonus shares to my client, he left Morgan Styanley for another firm and Morgan Stanley refused to give him the bonus shares and I was able to get him a very nice settlement with them.


Barry
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