|BOCA RATON, Fla., Dec. 31, 2010 (GLOBE NEWSWIRE) — The Securities Law Firm of Menzer & Hill, P.A. www.suemyadvisor.com, announced today it has filed an arbitration claim against E*Trade Securities, LLC (“E*Trade”), a subsidiary of E*Trade Financial Corporation (Nasdaq:ETFC ), for its failure to execute a customer’s sell order after failing to deliver the customer his shares gained from a forward split. E*Trade did not deliver the shares until several days after the shares traded on a split adjusted basis, during which the customer’s position lost over 50% of its value.
Investors who have sustained losses due to the negligence or misconduct of their brokers and/or broker-dealers are urged to explore their legal rights and options. The attorneys at the Securities Law Firm of Menzer & Hill, P.A. are dedicated to pursuing claims on behalf of investors who have suffered investment losses.
For a free case evaluation or to discuss any other investment losses, please contact the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223, or visit us on the web at www.suemyadvisor.com
CONTACT: Securities Law Firm of Menzer & Hill, P.A. 888-923-9223