SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Filing of Lawsuit Against E*TRADE Financial Corporation


NEW YORK, July 22, 2016 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that a class lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of clients of E*TRADE Financial Corporation during the period between July 12, 2011 and July 12, 2016.

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please click here: http://www.zlk.com/pslra/etrade-financial-corporation, or call us Toll Free at 877-363-5972. There is no cost or obligation to you.

Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.  Should you have any questions or concerns, please feel free to contact attorney Eduard Korsinsky, ek@zlk.com or call at 212-363-7500.

The complaint charges E*TRADE Financial Corporation, its subsidiary E*TRADE Securities LLC, its CEO, Paul T. Idzik, and its Senior Vice President of Retail Services, David Herbert, with violations of the Securities Exchange Act of 1934. E*TRADE provides online brokerage services to retail investors, and the Complaint alleges that Defendants made materially false and misleading statements and/or omitted adverse facts about its routing practices for its clients’ orders.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


            

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