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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Captain Ed who wrote (19431)12/1/1998 9:23:00 AM
From: Baker Street  Read Replies (2) of 119973
 
Capt. Ed, that's totally bogus. Its just about the worst screwing by a discount broker that I have ever heard of (and I have heard of plenty, trading actively for several years through 3 online brokers).
If it involves a significant amount of money and its worth your trouble, I'd file for NASD arbitration. If its greater than $10,000, I'd file a lawsuit in your state court system, although the broker has a right to remove the case to the federal courts. Given the circumstances, I don't think you will end up litigating for long, it sounds like a case that would be settled fairly quickly.

Baker

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