LTS INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Ladenburg Thalmann Financial Services Inc. Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Sep 20, 2018--Law Offices of Howard G. Smith announces an investigation on behalf of Ladenburg Thalmann Financial Services Inc. (“Ladenburg” or the “Company) (NYSE: LTS ) investors concerning the Company and its officers’ possible violations of federal securities laws.
On September 7, 2018, the U.S. Securities and Exchange Commission (“SEC”) filed a lawsuit against Phillip Frost, Ladenburg’s Chairman, alleging that Frost engaged in illegal stock promotion schemes.
On this news, Ladenburg’s share price fell $0.52 per share, or more than 15%, to close at $2.92 per share on September 7, 2018, thereby injuring investors.
If you purchased Ladenburg securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005987/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 09/20/2018 06:48 PM/DISC: 09/20/2018 06:47 PM