Edward S. Manges—Providing False Information in Written Statements Submitted to FINRA
Edward S. Manges Allegedly Provided False Information in Written Statements Submitted to FINRA
Edward S. Manges allegedly provided false information in written statements submitted to FINRA, and his on-the-record interviews, according to a recent FINRA Letter of Acceptance, Waiver, and Consent (AWC) currently under review by attorneys Joe Peiffer and James Booker.
Edward S. Manges was under investigation for allegedly engaging in a questionable trading pattern wherein he executed 24 round-trip transactions that were executed at nearly simultaneous times, said AWC notes.
The Peiffer Wolf securities lawyers are currently investigating Edward S. Manges’ alleged private securities transaction.
Edward S. Manges Allegedly Artificially Raised the Inter-dealer Price in Order to Sell Securities at Higher Prices; MangesBarred by FINRA
The aforementioned 24 round-trip transactions were allegedly done for the purpose of artificially raising the inter-dealer price in the relevant securities so that Manges could purportedly sell his positions in these securities at higher prices, according to the aforementioned AWC being examined by attorneys Joe Peiffer and James Booker.
Manges, as a result of the aforementioned behavior, allegedly violated FINRA Rules and the Sections of the Securities Exchange Act, and thus has been suspended by FINRA, the AWC reports.
One should also note that, according to the AWC, Edward S. Manges neither admitted nor denied the FINRA findings.
Securities Lawyers Investigating
The Peiffer Wolf securities lawyers often represent investors who lose money as a result of alleged questionable trading activity and are currently investigating Edward S. Manges’ alleged questionable trading patterns. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Edward S. Manges’ alleged questionable trading patterns are encouraged to contact the securities lawyers at Peiffer Wolf, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 504-523-2434.