MIAMI, Fla., Oct. 7, 2008 (GLOBE NEWSWIRE) -- The securities law firm of Dimond Kaplan & Rothstein, P.A. (http://www.dkrpa.com/ or http://www.mystocklosses.com/) announces that it is investigating Financial Industry Regulatory Authority ("FINRA") securities arbitration claims involving Fannie Mae and Freddie Mac common stock, preferred stock, and bond investment losses. The firm expects to file FINRA arbitration claims on behalf of several Fannie Mae and Freddie Mac investors in the near future.
Dimond Kaplan & Rothstein's investigation and discussions with numerous investors has revealed that many brokerage firms and brokers recommended and sold Fannie Mae and Freddie Mac securities as safe, conservative investments. Many investors were not told that their investments were subject to significant risk of loss because both Fannie Mae and Freddie Mac held billions of dollars of risky sub-prime mortgages. Moreover, many stockbrokers and financial advisors ignored the fundamental principle of investment diversification when they recommended and sold over-concentrated positions of Fannie Mae and Freddie Mac securities to investors, thereby subjecting those investors to unnecessary risk of loss.
Dimond Kaplan & Rothstein, P.A. is an AV-Rated law firm that represents investors nationwide in stockbroker misconduct and investment fraud cases. The firm has represented investors against most major Wall Street brokerage firms in claims involving stocks, bonds, options, auction rate securities, hedge funds, and mutual funds. If your broker recommended and sold concentrated positions in Fannie Mae or Freddie Mac securities, please contact Jeffrey Kaplan, Esq. of Dimond Kaplan & Rothstein, P.A. at (888) 578-6255 or jkaplan@dkrpa.com for a free case evaluation. You also may visit the firm on the web at http://www.dkrpa.com/ or http://www.investmentfraud-lawyer.com/.
CONTACT: Dimond Kaplan & Rothstein, P.A. (888) 578-6255