(Newswire.net — April 29, 2013) Bethesda, MD. — Securities Attorney John E. Lux, securities lawyer and expert in reverse mergers and IPOs, is investigating potential claims of investors who may have been adversely affected by brokers trading against them.
“We have received reports from investors who claim that their broker was shorting stock ahead of customer sell orders,” said John Lux. “In this type of situation, the broker may be a market maker or simply take an adverse position. We are looking for violations of SEC rules on fraud and manipulation. We are also looking for instances of scalping or trading ahead of customer orders, and other breaches of trust and confidence.”
John E. Lux’s expertise in reverse mergers and public markets was recently instrumental in a client winning a fast $1.5 million cash settlement in such pump and dump case. The case involved a reverse merger with a Form 10 shell, so-called “Gypsy Swaps,” and a pump and dump. “I was delighted to assist my client in this victory,” said Lux. “We were fortunate to have the benefit of the attention of the Securities and Exchange Commission and the FBI. The case only took three months. We look forward to bringing our unique expertise to bear in more of the these cases.”
Those who believe they may have been the victim of an unlawful action by their broker should contact John Lux at John.Lux@Securities-Law.info
About John E. Lux
Attorney John E. Lux is a securities attorney and a former market maker, investment banker, and venture capitalist. He has a degree in Quantitative Analysis from New York University’s Stern School of Business and a Juris Doctor degree from the University of Maryland School of Law. He is the author of “How to Find a Home Run Stock” “How to Pick Hot Reverse Merger Penny Stocks” “How the Shorts Raid Your Stock, Destroy Your Company and What to Do About It” and “Bash the Stock Bashers” all available on Amazon. Mr. Lux can be reached/ at John.Lux@Securities-Law.info . His telephone number is 240-200-4Law (240-200-4529) and his websites are http://www.securities-law.info and http://www.reverse-merger.info