CORAL SPRINGS, Fla., Jan. 5, 2009 (GLOBE NEWSWIRE) -- The securities law firms Blum & Silver, LLP (www.stockattorneys.com) and Shepherd Smith Edwards & Kantas LLP (www.stockbroker-fraud.com) announce that they have teamed up to represent investors who suffered losses in investments including real estate and promissory notes solicited by David L. Olson and Edward A. Allen of A&O Companies or World Group Securities. The Law Firms are investigating possible violations of securities industry rules relating to registered representatives improperly issuing promissory notes, borrowing money from clients and/or engaging in undisclosed and unapproved outside business activities or private securities transactions.
Blum & Silver, LLP and Shepherd Smith Edwards & Kantas are investigating securities fraud claims involving David L. Olson and his business partner David A. Allen, as well as their business entities of WFG and A&O Companies. Both Olson and Allen were previously affiliated with the broker dealer World Group Securities.
For additional information or a free consultation regarding your dealings with Olson, Allen, WFG, A&O Companies and World Group Securities, interested investors should contact either:
Scott L. Silver, Esq. Kirk Smith, Esq. Blum & Silver, LLP Shepherd Smith Edwards & Kantas, LLP 1-877-STOCK LAW (1-877-786-2552) 1-800-259-9010 www.stockattorneys.com www.stockbroker-fraud.com
Blum & Silver, LLP is a nationally recognized securities law firm headquartered in Coral Springs, Florida, with a satellite office in New York, representing investors worldwide with their claims for losses due to stockbroker misconduct and brokerage firm negligence in securities litigation and arbitration matters. The firm has successfully recovered multi-million dollar awards for its clients against the country's top brokerage houses.
The Blum & Silver logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2635
Shepherd Smith Edwards & Kantas, LLP has a team of attorneys, consultants and others with more than 100 years of combined experience in the securities industry and in securities law. Since 1990, the firm has represented thousands of investors nationwide to recover losses. The firm has represented clients in Federal and state courts and in arbitration through the The Financial Industry Regulatory Authority (FINRA), the New York Stock Exchange Inc. (NYSE), the American Arbitration Association (AAA) and in private arbitration actions.
Blum & Silver's and Shepherd Smith Edwards & Kantas, LLP's attorneys speak English, Spanish, and Portuguese, and they are licensed to practice law in Florida, Texas, New York, and Washington, D.C.