Notice From the Law Firm Blum & Silver, LLP to All Aura Financial Services, Inc. Customers Whose Accounts Were Actively Traded


CORAL SPRINGS, Fla., June 10, 2009 (GLOBE NEWSWIRE) -- The Securities Law Firm, Blum & Silver, LLP, (http://www.stockattorneys.com) has filed multiple arbitration claims before FINRA, including Case Nos. 09-02049 and 09-02023, on behalf of former Aura customers alleging, amongst other things, an unsuitable trading strategy involving excessive trading or churning of the customer's brokerage accounts.

The purpose of this release is to investigate, on behalf of our clients potential sales practice violations of licensed brokers at Aura Financial Services, Inc. including excessive activity done to generate fees or commissions. Blum & Silver, LLP is pursuing securities arbitration claims before FINRA for securities violations including failure to supervise, negligence, unsuitability, misrepresentation and material omissions of fact.

The Law Offices of Blum & Silver, LLP is a nationally-recognized securities law firm headquartered in South Florida with satellite offices in New York City. The primary focus of the firm is representing investors worldwide with their claims for losses due to stockbroker misconduct and brokerage firm negligence in securities litigation and arbitration matters. The firm is the lead counsel in numerous securities arbitration cases against many brokerage firms. If you wish to discuss this announcement or have information relevant to our securities arbitration claims, please contact Scott L. Silver, Esq. of Blum & Silver, LLP, at 1-877-STOCK LAW (1-877-786-2552) or visit us on the web at http://www.stockattorneys.com.

The Blum & Silver logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2635


            

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