Atlanta Broker-Dealer Lamon & Stern, Inc., fined for failure to supervise its stockbrokers.

Lamon & Stern was recently censured and fined $25,000 for its failure to supervise its stockbrokers in several important ways. The firm failed to establish a system to review its brokers’ emails, and also failed to keep a record of these emails. The firm also failed to implement a system to adequately supervise its research analysts. Moreover, Lamon & Stern also failed to adequately supervise websites used by its stockbrokers as part of their securities business. If you suffered investment losses due to inaccurate emails, research reports or websites by Lamon & Stern stockbrokers, contact the attorneys at Investor Defense Law LLP at no charge to find out whether you have a valid claim.

Investor Defense Law LLP is a law firm dedicated to helping investors in California, Georgia, and Washington recover losses caused by stockbrokers, financial advisers, or investment firms. To learn more, contact an investment fraud attorney at 800.487.4660.

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