On or around 11/09/2016 (Ongoing date of last review)
Filing Date: July 22, 2016
According to the law firm press release, E*TRADE provides online brokerage services to retail investors, and the Complaint alleges that Defendants made materially false and misleading statements and/or omitted adverse facts about its routing practices for its clients’ orders.
On November 9, 2016, the Court appointed Lead Plaintiff and Counsel.
Company & Securities Information
Defendant: E*TRADE Financial Corporation
Industry: Investment Services
Headquarters: United States
Ticker Symbol: ETFC
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Craig L Schwab, et al. v. E*TRADE Financial Corporation, et al.
COURT: S.D. New York
DOCKET #: 16-CV-05891
DATE FILED: 07/22/2016
CLASS PERIOD START: 07/12/2011
CLASS PERIOD END: 07/12/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Levi & Korsinsky, LLP 30 Broad Street, 15 1h Floor, Levi & Korsinsky, LLP, NY 10004 212.363.7500 212.363-7171 ·
First Identified Complaint (FIC) Filings:
Complaint for Violations of Federal Securities Laws
U.S. District Court Civil Docket
Order Granting The Mermelstein Movants' Motion For: (1) Appointment As Co-Lead Plaintiffs; And (2) Approval Of Their Selection Of Levi & Korsinsky Llp As Lead Counsel