FORT LAUDERDALE, Fla., June 10, 2013 (GLOBE NEWSWIRE) -- The Law Firm of David R. Chase, P.A., headed by a former SEC Prosecutor, announces that it is investigating claims for the recovery of losses suffered by investors in the Maumee Authority Stamping's Investment-For-Jobs Program.
In 2008, Maumee Authority Stamping, a manufacturer of car parts in Maumee, Ohio, promoted an investment program offering job applicants the chance to obtain a job with the company in return for an investment in it. After receiving investor funds, Maumee Authority Stamping shut down and is now out of business.
The Law Firm of David R. Chase is investigating whether securities professionals employed at securities brokerage firms who sold the investment conducted adequate due diligence before recommending it to their customers, and whether they accurately disclosed the investment's true speculative nature and material risks.
Maumee Authority Stamping investors who purchased this investment through their securities broker or securities brokerage firm are encouraged to contact my law firm to explore possible legal claims to recover their losses. All calls handled on a confidential, no obligation basis. Cases taken on a contingency fee basis, meaning no attorney's fee or costs owed to the law firm if no recovery.
The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida, represents investors nationwide. David Chase has been practicing for 20 years, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating -- and previously served as a Securities and Exchange Commission (SEC) Prosecutor. More about the firm is available on its website at: www.davidchaselaw.com.
To discuss your legal rights to recover your investment losses, please call me:
David R. Chase, Esq.
Law Office of David R. Chase, P.A.
1700 East Las Olas Boulevard, Suite 305
Fort Lauderdale, FL 33301
888-337-8625 (Toll Free)
Source:David R. Chase, P.A.