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Securities Law Firm of Tramont Guerra Nunez, PA Comments on AmTrust Financial Corp Bankruptcy Filing


Coral Gables, Florida (PRWeb) January 20, 2010 – The Securities Law Firm of Tramont Guerra & Nunez, P.A. (TGN) comments on the AmTrust Financial Corp (AFNL.PK) Chapter 11 Bankruptcy filing (Petition No. 09-21323-pmc) filed on November 30, 2009, in the United States Bankruptcy Court for the Northern District of Ohio.  The bankruptcy petition was filed on behalf of the bank holding company, AmTrust Financial Corporation (“AmTrust”), which resulted in substantial loss to common shareholders. Investors in AmTrust, bank holding company, should consider what recourse is available to recover their investment losses in AmTrust stock. The Financial Industry Regulatory Authority, (FINRA) is a self regulating organization with sales practice rules and regulations that govern the securities industry’s conduct and safeguard the investing public.

For many common shareholders, these losses resulted in an unexpected financial hardship for investors. According to securities attorney, Andrew Tramont, “individuals who invested a substantial portion of their assets in AmTrust stock may have exposed themselves to unnecessary and uncompensated risk.” Brokerage firms are obligated to give, and investors are entitled to rely upon, brokerage firms for competent, suitable investment advice in accordance with FINRA Sales Practice Rules and Regulations. Recommendations of unsuitable investments and/or maintaining unprotected concentrated stock positions are both causes of action that may be available to investors against their full-service brokerage firm in an individual securities arbitration claim filed with FINRA.

The Securities Law Firm of Tramont Guerra & Nunez, PA is a nationally recognized, Martindale Hubbell “AV” rated securities law firm.  To request a confidential consultation from a TGN attorney to determine whether you have a viable individual securities arbitration claim for investment losses that exceed $100,000 from a full service brokerage account, contact us on our website.  To speak directly with an attorney, call (800) 578-0137 and ask for Ben Fernandez, Esquire.

Contact:
Benjamin Fernandez, Esquire
2100 Ponce De Leon Blvd, Penthouse II
Coral Gables, Florida 33431
(800) 578-0137

ben@rtgn-law.com
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