CACBD Cascade Bancorp (MM)

The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.nasd-law.com, announced today that it is investigating potential claims on behalf of Cascade Bancorp (NasdaqCM:CACBD) shareholders who held concentrated positions in Cascade Bancorp stock with full-service Wall Street brokerage firms. On December 28, 2006, Cascade Bancorp stock was trading at $303.11 per share. However, by December 31, 2009, the price of Cascade Bancorp stock declined over 99%, closing at $0.68 per share. As a result, many Cascade Bancorp shareholders who held concentrated positions in Cascade Bancorp sustained substantial losses.

Unfortunately, many Cascade Bancorp shareholders who held concentrated positions in Cascade Bancorp stock were never advised by their full-service brokerage firms of the risks associated with owning a concentrated account. Additionally, despite having a duty to do so, many firms failed to explain how the use of risk management strategies, like a zero-cost collar, protective put options, stop loss orders and/or an exchange fund, could have been utilized to protect the concentrated Cascade Bancorp stock positions.

Cascade Bancorp shareholders who sustained investment losses as a result of holding a concentrated position in Cascade Bancorp can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.

If you wish to discuss this announcement or have investment losses of $500,000 or more in Cascade Bancorp stock, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956 or visit us on the web at http://www.nasd-law.com.

Cascade Bancorp (MM) (NASDAQ:CACBD)
過去 株価チャート
から 5 2024 まで 6 2024

Cascade Bancorp (MM) (NASDAQ:CACBD)
過去 株価チャート
から 6 2023 まで 6 2024