Hagens Berman Sobol Shapiro Announces Investigation of Rhonda Breard and Breard & Associates Wealth Management


SEATTLE, March 3, 2010 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro is investigating high-profile Kirkland investment broker Rhonda Breard, a licensed broker for investment giant ING (NYSE:ING), who was licensed to sell securities in Washington, Oregon, Nevada, New Mexico, Wyoming, Arizona, North Carolina, West Virginia and Michigan. Recent media reports state that ING Financial Partners suspended Breard's brokerage license last month in an emergency action after investors complained that their investments had disappeared and that their monthly account statements appeared to be altered. State investigators disclosed that investors appear to have lost at upwards of $7 million from this alleged misconduct.

Investors may have significant recourse against ING Financial Partners or other parties if they are found to have failed to properly supervise Breard or other participants in this alleged scheme.

If you are a current or former investor with Rhonda Breard and Breard & Associates Wealth Management, we encourage you to contact Karl Barth at 206-623-7292 to discuss your personal circumstances and the possibility of recovering your losses from ING or other potentially culpable parties.

For more information about your rights, you may also visit www.hbsslaw.com/breard.

About Hagens Berman Sobol Shapiro

Hagens Berman Sobol Shapiro LLP is a shareholder-rights law firm with offices in San Francisco, Seattle, Chicago, Boston, Los Angeles, and Phoenix. Since 1993, HBSS has recovered hundreds of millions of dollars for investors. More about the law firm and its successes can be found at www.hbsslaw.com.