InvestorsHub Logo
Followers 24
Posts 1743
Boards Moderated 1
Alias Born 03/16/2015

Re: DCorleone post# 13622

Friday, 02/12/2016 1:36:28 PM

Friday, February 12, 2016 1:36:28 PM

Post# of 32393
I know the brokers request the shares on behalf of the clients. Brokers are the ones that process all of the paperwork with the transfer agent. So something must have been wrong. CEO did say it was unauthorized, but news also says fraud and securities 10(b)-5 fraud allegations as well. Thats pretty bad.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.