Quick Restitution in Brokerage Case
Investors aggrieved by the incestuous shenanigans between the brokerage houses and their analysts need not wait for the restitution fund to recover only a fraction of what they lost (“What Deal Means for Average Investors,” April 29).
Since my loss was under the $4,000 limit, I went to small claims court.
Lo and behold, within 10 days of filing the suit I was “made whole” for the total amount of my investment.
Of course they “admitted no wrongdoing” -- and then promised not to do it again.
Trent D. Sanders
La Canada Flintridge