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Stock impact report

NOTICE TO STIFEL NICOLAUS CUSTOMERS WITH MARGIN ACCOUNTS: KlaymanToskes Commences Investigation Into Damages Sustained by Investors Who Were Forced to Sell Securities Due to Margin Calls

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by investors with Stifel, Nicolaus & Company (NYSE:SF) (“Stifel”) accounts who were forced to sell securities due to margin calls. The investigation focuses on Stifel’s potential negligence and mismanagement of leveraged accounts. Recently, investors quickly saw the major stock indices lose significant value after closing on Friday, February 21, 2020, at near 52-week highs. The market volatility has been precipitated by COVID-19. Many investment portfolios, like the stock indices, have also seen tremendous declines, leaving leveraged accounts especially at risk of margin calls.The use of securities in an investment account to collateralize margin loans exposes investors to leverage, which increases the risk in an account. Margin abuse can result in excessive use of margin loans or the failure to utilize risk management strategies to protect account col Show less Read more
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