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 Alan Rosca 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 Rosca 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 Alan Rosca 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 Rosca 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 Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1157 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.