Notice to All Prospective Class Members of the YRC Worldwide Class Action Lawsuit from the Securities Law Firm of Tramont Guerra Nunez, PA

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An individual securities arbitration claim may allow investors to claim larger losses in YRC Worldwide stock based on higher market values that prevailed prior to the class period.

The Securities Law Firm of Tramont Guerra & Nunez, P.A. (TGN) provides notice to all prospective class members of the YRC Worldwide class action lawsuit (Case No. 11 CV 002072) filed in the United States District Court for the District of Kansas for the class period from April 24, 2008 through November 2, 2009. The class action lawsuit alleges defendants participated, “in a fraudulent scheme and course of business that operated as a fraud or deceit on purchasers of YRC common stock by disseminating materially false and misleading statements and/or concealing material adverse facts.” In light of these developments, TGN urges investors who held YRC worldwide stock with full-service brokerage firms to consider what recourse is available to recover their investment losses. The Financial Industry Regulatory Authority, (FINRA) is a self regulating organization with sales practice rules and regulations that govern the securities industry’s conduct and safeguard the investing public. Furthermore, an individual securities arbitration claim may allow investors to claim larger losses in YRC Worldwide stock based on higher market values that prevailed prior to the class period.

According to TGN many investors in YRC Worldwide stock, were led to believe the stock was suitable for investors with moderate risk tolerances and investment objectives. Full-service brokerage firms are obligated to give, and investors are entitled to rely upon, brokerage firms for competent, suitable investment advice concerning risk management strategies for concentrated stock positions. Brokerage firms are required to supervise the activities in brokerage accounts. Investment losses may be attributed to the failure to adequately supervise the stockbroker and the brokerage account. Recommendations of unsuitable investments and/or maintaining unprotected concentrated stock positions are both causes of action that may be available to investors against their full-service brokerage firm in an individual securities arbitration claim filed with FINRA.

The Securities Law Firm of Tramont Guerra & Nunez, PA, is a nationally recognized, Martindale Hubbell “AV” rated securities law firm. To request a confidential consultation from a TGN attorney to determine whether you have a viable individual securities arbitration claim for investment losses that exceed $250,000 from a full service brokerage account, contact us on our website. To speak directly with an attorney, call (800) 578-0137 and ask for David Chacin, Esquire.

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