Notice to Bank Stock Investors with Stock Acquired through Bank Merger or Acquisition

Your Ad Here

Coral Gables, FL (PRWEB) July 16, 2008 -- The Law Firm of Tramont Guerra & Nunez, PA (http://www.stockmarketlosslawyer.com/index.htm) (TGN) makes an announcement to all bank stock investors who acquired the stock through a bank merger or acquisition. Over the past decade, community and regional banks throughout the country have been consolidated through bank merger or acquisition by major banking institutions, such as Wachovia (http://www.stockmarketlosslawyer.com/firms-in-the-news.htm), Bank of America and Washington Mutual. In many instances, these bank stock positions represent a significant portion of their personal and family wealth. The stock market losses (http://www.stockmarketlosslawyer.com/index.htm) sustained have decimated the value of a lifetime of investment. TGN recognizes there is important information that these shareholders need to understand. This information concerns issues such as the required standards of care and whether the stock was held in bank trust or brokerage account.

The financial services industry has standards of care for the handling of securities held in both types of accounts concerning investment advice and supervision. The member firms are charged with compliance with the securities industry rules and regulations. Failure to comply with the rules and regulations can result in sanctions and penalties. In particular, specific standards of care are required for the handling of investor accounts concentrated in a single stock position. Failure to implement risk management strategies to protect the value of a concentrated stock position can represent unsuitable investment advice and a failure to supervise client accounts.

In some instances, depending on the state of domicile, stock held in a trust bank account have significant restrictions on the time allowed on claims made for damages concerning stock market losses from unsuitable investment advice. These time restrictions create the necessity for an immediate review of the recent losses sustained in a concentrated bank stock position held in a bank trust accounts.

To request a confidential consultation from a TGN attorney concerning stock market losses, go to our website at www.stockmarketlosslawyer.com. The hiring of an attorney for legal advice is an important decision which should be made after consideration of all relevant factors, which include, but are not limited to, qualifications and experience.

To learn more about TGN contact us for an information kit. To contact by telephone call (888) 752-3348 and ask for Stephen Ostrofsky, CFP®.

###

This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
This Site Is For Sale

Related Articles:

How to Get Started Investing in Real Estate
Investing in stocks, bonds, bank certificates or other over the counter investments is easy. Just go to a bank or stock brokerage house, give them your money and you're done. Real estate investing on the other hand is a little more complicated--but you will find that the returns on your real estate investments will be substantially higher than the institutional investments.

Cachematrix Trade Volume Tops $620 Billion in 2007 -- Record Trade Volumes Propel Portal Provider to Its Best Year Ever
Cachematrix Holdings, LLC, the leading provider of institutional money market fund trading software and back office solutions for banks and financial institutions, announced today that more than $620 billion in institutional money market fund assets were traded through portals and customized trading systems powered by its software through 2007.. The exponential jump in trade volumes in 2007, which increased 375 percent in terms of assets, set a new volume record for Cachematrix. The increase reflected the addition of new bank and financial services customers who have incorporated Cachematrix's institutional money market trading software into their product offering.

Government Loans, How the Mortgage Markets Work
Not all loans for making a home purchase come directly from the lender. In most cases when you contact a bank to borrow money for the purchase of a home, they loan you the other peoples money who have an account with the bank. Likewise when you open up a savings or checking account, the bank will be using your money to give out loans to other people. This is how you get interest in your bank account based on the amount of money that you have had in it.

Commercial Hard Money Loans - Three Business Scenarios
The primary rationale for a business considering a commercial hard money loan is that traditional commercial financing options are not viable. There are three financing options for most commercial real estate scenarios: traditional banks, intermediate lenders and hard money lenders. In those situations where traditional banks and intermediate lenders both say "NO", it then makes good business sense to explore under what terms a hard money commercial loan might be available.

Nomis Solutions Announces John William Snow, Chairman of Cerberus Capital Management, as Keynote Speaker for the 2008 Global Pricing Optimization Foru
The premier pricing optimization event for the banking and finance market features presentations from Royal Bank of Canada, HBOS, Chrysler Financial and AmeriCredit.

How To Get Started In The Stock Market
If you have money that you would like to invest to help grow your overall finances, you might have considered a high interest savings account in a bank, the stock market, bonds, and so forth. Of course, the fastest way to make profit (but also the most risky) is by using the stock market. It is for this reason that people putting money into stocks should have as much information on them as possible to help them avoid losing it all.

Free Stock Market Resource Center Offers Guidance on Share Trading and Online Stock Brokers for Today's Market Conditions
Free, concise guide to discount stock broker selection and efficient online share trading in bear markets and how to profit from disciplined investing plans

Looking For a Small Business Loan? These Tips Will Help
Show The Banker You Know What You Need Prepare a loan proposal, a brief description how much money you need, what it will be used for, and how you will pay it back Elements of the loan proposal are: Name of borrower Amount of funding needed Use of the funds (inventory financing, implement new marketing programs, purchase plant & equipment) Type of loan being sought (revolving credit line, term loan) Term of loan: number of years you need the money before it can be paid back Closing date (when do you need the money?give yourself several months) Rate: Propose an interest rate based on your research of market conditions

Why You May Want To Buy Kentucky Home For Sale Instead Of Renting
There are many ways to invest your money for profit You can buy stocks, bonds or some other securities

Can The Home Loan That is Best For Your Bank Also Be Best Mortgage For You?
A Bank is a Business and they make their money on Markup just like any other business. In the Case of a Bank Loan the Markup is really the Spread (Difference) in the interest rate the bank pays and the interest rate the bank receives. So the loans with the biggest Spreads are best for your bank. Doesn't it stand to reason the more money the bank makes the less money you keep.

What Type Of Loan Do You Have?
Britons? today are borrowing more money than at any other time in our history. With such huge sums being borrowed on personal credit, UK banks are acutely aware of the potential for huge profits. However, unlike the days of past, in today?s market banks need to be ever more innovative with the marketing of their loan schemes if they?re going to have any chance of capturing your potential loan business. So, what type of UK loan do you have?

Business Finance Options For Working Capital Funding
Traditional working capital financing is currently available from a shrinking group of commercial lenders Small business owners should determine which commercial banks are still actually providing this specialized commercial finance funding

What Is Life Insurance Premium Finance?
A premium finance transaction involves the borrowing of money from a bank or hedge fund to pay the premiums of a newly originated insurance policy. Premium finance is available to seniors age 65 and older. The majority of financed policies have a face amount of over $1,000,000. The senior will borrow the money for a predetermined length of time ranging from 2 years to life. The same banks and hedge funds involved in life settlements are also the lenders for premium finance transactions.

A Slow Witted Person's Financial Website
A mixture of personal finance areas including investing, home loans, car loans, careers and more.


Privacy Policy | Copyright/Trademark Notification