Penny stock companies are often highly overleveraged small-cap or micro-cap companies headed for bankruptcy. These stocks trade for less than $5 per share on the Pink Sheets or FINRA’s OTC Bulletin Board.
It’s difficult to find any information, let alone credible information, for these types of stocks, which makes it hard to perform due diligence of any sort to understand if the company will survive, let alone thrive. Penny stock scams, such as pump-and-dump-schemes and reverse mergers, are also extremely common and often target inexperienced investors.
If you’ve fallen victim to a penny stock or microcap scheme, or suffered losses due to your broker’s negligence, you may be able to recover. Contact a trusted investment fraud attorney who can review your case and advise on next steps.
Talk to an Experienced Attorney Today
Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!
Quick Review of Your Paperwork
If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.
Signed Attorney/Client Agreement
If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*
*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.