Silver Law Group has been retained by investors to pursue claims against INTL FCStone for losses related to OptionSellers.Com. Our clients allege that OptionSellers.Com used a web of deceptive marketing materials, misrepresentation and deception to promote a speculative trading strategy which resulted in devastating losses. INTL FCStone allegedly allowed OptionSellers.Com to trade customer accounts including IRA accounts on margin or purchase naked options which caused losses greater than their principal investment. Further allegations relate to FCStone’s knowledge of OptionSellers’ activities and misrepresentations.
In late November 2018, OptionSellers.Com and INTL FCStone informed investors that despite previous representations regarding the safety and security of their investments, many investors had lost almost all of their investment and many investors owed additional margin calls. James Cordier has offered his victims a video apology, but many investors are shocked to learn about his regulatory history and lack of institutional knowledge regarding options trading.
Our Experienced Commodities Fraud Attorneys
Our team of lawyers have substantial experience pursuing commodities fraud claims through National Futures Association (NFA) arbitration process including a substantial award against a commodities clearing firm. Silver Law Group has co-counseled on this case with a former SEC prosecutor, a NFA arbitrator and former general counsel of a broker-dealer.
If you have invested in OptionSellers.Com, contact Silver Law Group at (800) 975-4345 for a free consultation. Our firm has recovered millions of dollars for investors who have suffered losses due to broker and brokerage firm misconduct. We represent clients on a contingency fee basis and advance all costs.