FORT LAUDERDALE, Fla., June 13, 2012 (GLOBE NEWSWIRE) -- The Law Firm of David R. Chase, P.A., representing defrauded investors nationwide and headed by former SEC Prosecutor, David R. Chase, announces that it is investigating potential arbitration claims against securities brokerage firms whose financial advisors sold Cardiac Network, Inc. Promissory Notes, which now may be worthless.
The law firm is investigating whether certain financial advisors of securities brokerage firms, including Stifel Nicolaus, sold the Cardiac Network Notes to customers without the knowledge and approval of the brokerage firm, which is known as "selling away." Securities brokerage firms, under the securities laws and securities industry rules, have an obligation to reasonably supervise the activities of their financial advisors and, when they fail to do so, they may be held liable for investor losses.
The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida, has years of experience in representing defrauded investors in "selling away" cases against brokerage firms to recover investment losses. The Firm's principal, David R. Chase, has been practicing for almost two decades, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating -- and previously served as a Securities and Exchange Commission (SEC) Prosecutor. More about the firm is available on its website at: www.davidchaselaw.com.
Cases taken on a contingency fee. For a free and confidential consultation, please contact:
| David R. Chase, Esq. |
| Law Office of David R. Chase, P.A. |
| 1700 East Las Olas Boulevard, Suite 305 |
| Fort Lauderdale, FL 33301 |
| 888-337-8625 (Toll Free) |
| 954-920-7779 |
| Email: david@davidchaselaw.com |