Published On: September 17, 2015

Stoltmann Law Offices is investigating the following delisted stocks from 2014:

 

L&L Energy (OTC: LLEN)
Lihua (OTC: LIWA)
Siemens’ (OTC: SIEGY)
Telik (OTC: TELK)
Tandy Brands (OTC: TBACQ) – bankrupt
Hauppauge Digital (OTC: HAUP)
Avid Technology (OTC: AVID)
ZCO Liquidating (OTC: OCZTQ) – bankrupt
Rainmaker Systems (OTC: RMKR)
Prospect Global Resources (OTC: PGRX)
James River Coal (OTC: JRCCQ) – bankrupt

Crumbs (OTC: CRMB)
Coldwater Creek (OTC: CWTRQ) – bankrupt
Tri-Tech Holdings (OTC: TRITF)
China Precision Steel (OTC: CPSL)
Mediabistro (OTC: MBIS)
Body Central (OTC: BODY)
Ambient Corporation (OTC: ABTG)
Cardium Therapeutics (OTC: CRXM)
Quaterra Resources (OTC: QTRRF)

NewLead (OTC: NEWL)
Dolan (OTC: DOLNQ) – bankrupt
GSE Holdings (OTC: GSEHQ) – bankrupt
Chimera Energy (OTC: CHMR)
LDK Solar (OTC: LDKSY)
Loncor Resources (OTC: LONCF)
Genco Shipping (OTC: GNKOQ) – bankrupt
China Gengsheng (OTC: CHGS)
Ambow Education (OTC: AMBOY)

 

These stocks were removed from the exchanges on which they traded because they failed to comply with the listing requirements. The stocks oftentimes fail to meet exchanges minimum price requirements. For instance, the New York Stock Exchange (NYSE) requires that a company’s stock maintain an average closing price of $1.00 per share for a period of 30 consecutive trading days. It is the duty of a broker to do due diligence on the stocks he sells to see if the stock has a reasonable likelihood of success. If he does not, he or his brokerage firm may be responsible for investment losses. If you lost money with one of the above stocks, please call our securities law office in Chicago at 312-332-4200 to speak with an attorney. We may be able to help you bring a claim against a brokerage firm to recover investment losses.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

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