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Penson Worldwide PNSN Securities Stock Fraud

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Company: Penson Worldwide
Ticker Symbol: PNSN
Class Period: Feb-10-11 to Aug-4-11
Date Filed: Aug-23-11
Lead Plaintiff Deadline: Oct-22-11
Court: Northern District of Texas
Allegations:
Oklahoma City, OK: A securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas against Penson Worldwide, Inc.

The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from February 10, 2011 through August 4, 2011.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Penson Worldwide PNSN Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Penson Worldwide securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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