Scoobah, if you loved this at $23, 6 yrs ago/ do you REEEEEALLY like it again at $17-ish?
Yeah, I'm aware of law firms lining up like lemmings at the Chicago Fire pier--LOL:
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of INTL FCStone, Inc. NEW YORK, Dec. 19, 2013 /PRNewswire/ --
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of INTL FCStone, Inc. ("INTL FCStone" or the "Company") (NasdaqGS: INTL).
Such investors are advised to contact:
Peretz Bronstein
or his investor Relation's coordinator Eitan Kimelman at info@bgandg.com or 212-697-6484.
The investigation concerns whether INTL FCStone and certain of its executives violated federal securities laws.
On December 17, 2013, shares of INTL FCStone fell $1.62 or 7.88% to close at $18.93 after the company announced it has filed a Form 12b-25 with the U.S. Securities and Exchange Commission, stating that the Company was not able to file its Form 10-K for the fiscal year ended September 30, 2013.
INTL FCStone is conducting a review to evaluate the need to restate its financial results for its 2011, 2012 and 2013 fiscal years as a result of an overstatement of trading gains discovered in the reconciliation of the Company's subsidiary, INTL FCStone Markets, LLC.
The company identified internal accounting errors that may reflect an overstatement of revenues from trading gains of up to $10.2 million, potentially inflating net profit by $6.4 million.
Remember, "buy on fishing lines, sell on rhino horns."
Helluva fishing line showing here. Not like this old IAAC/now INTL is going outta biz anytime soon--$6.4 overstatement notwithstanding. |
