The White Law Group continues to investigate potential securities fraud claims involving OptionSellers.com losses. If you have suffered losses investing with OptionSellers.com, you may be able to file a claim.
According to a statement from INTL FCStone Inc., the firm’s clearinghouse, on November 19, OptionSellers.com suffered devastating losses due to recent volatility in U.S. energy markets, causing accounts to be liquidated.
The Option Sellers.com losses were due to one of the most volatile weeks in the U.S. natural gas market in years. Natural gas reportedly posted its biggest one-day percentage gain in eight years, only to follow with its largest one-day loss in 15 years the following day.
INTL FCStone said in a statement, this natural gas volatility “caused liquidity stress” for commercial and institutional customers of certain futures merchants.
The statement didn’t mention that OptionSellers.com was reportedly improperly allowing options trades in IRA accounts on margin and did not trade options conservatively. Short calls are among the riskiest options strategies because it can expose a client to limitless risk. OptionSellers.com failed to properly hedge investors’ assets causing their portfolios to a complete loss.
Unfortunately, not only did investors lose all their money, but many will owe money to Intl FC Stone for margin calls.
“Catastrophic Loss Event” – OptionSellers.com losses
After sending an email to investors entitled “Catastrophic Loss Event”, the firm’s website and social media accounts have “gone dark” leaving investors likely to wonder what recourse they may have.
The White Law Group has received numerous calls from investors who have suffered devastating losses investing with OptionSellers.com.
If an investment firm makes unsuitable or improper recommendations to its client such as a risky trading strategy and breaches its fiduciary duties it may be held liable for investment losses.
If you have suffered from OptionSellers.com losses, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney to discuss the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.