Salomon Smith Barney
Since the resignation of Jack Grubman, a telecommunications analyst accused of breaching his fiduciary duty by giving favorable ratings to questionable stocks, Salomon Smith Barney has been under close watch by security industry regulators. Stocks that Jack Grubman has been accused of inflating include the following:
- Adelphia Business Solutions
- Enron
- FLAG Telecom Holdings, Ltd.
- Focal Communications
- Global Crossing
- Level 3 Communication, Inc.
- McLeodUSA, Inc.
- Metromedia Fibre Network International
- Williams Communication Group
- Winstar Communications
- WorldCom
- XO Communications Group
- Quokka Sports
- 24/7 Media
- Webvan
If you have been victimized by securities fraud because of a Salomon Smith Barney analyst, it may be important to contact an attorney who can help you protect your legal rights. Please keep in mind that there may be time limits within which you must commence suit.
Attorneys associated with InjuryBoard.com will evaluate your case free of charge. In addition, you will not pay any fees or costs unless your attorney recovers money for you. Please click on the free Ask An Attorney button to take advantage of this valuable service.
-- Article Courtesy of InjuryBoard.com
More ...
- Credit Card Fraud
- Bear Stearns and Co.
- $1 Million Fine Imposed Against Insurance Carrier UnumProvident
.