BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Ladenburg Thalmann Financial Services Inc. (“Ladenburg” or the “Company) (NYSE: LTS) investors concerning the Company and its officers’ possible violations of federal securities laws.
On September 7, 2018, the U.S. Securities and Exchange Commission (“SEC”) filed a lawsuit against Phillip Frost, Ladenburg’s Chairman, alleging that Frost engaged in illegal stock promotion schemes.
On this news, Ladenburg’s share price fell $0.52 per share, or more than 15%, to close at $2.92 per share on September 7, 2018, thereby injuring investors.
If you purchased Ladenburg securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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