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Investor Ali Khadivi Files for Arbitration Against E*Trade Securities, Inc.

PR Newswire

Ali Lee Khadivi, an on-line investor today filed an arbitration with the National Association of Securities Dealers against E*Trade Securities, Inc. (Nasdaq: EGRP) alleging that E*Trade executed a limit order that Mr. Khadivi had previously canceled causing substantial losses. Mr. Khadivi, like thousands of other customers, were frozen out of the stock market during peak […]

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Disputes With Online Brokers Could be Frustrating to Resolve

Wall Street Journal

Complaints against online brokerage firms are surging in tandem with Internet trading, but many investors who feel they have been harmed by their broker can’t file a lawsuit to recover any damages. Most brokerage agreements require disputes between a firm and its clients to be settled through industry-sponsored arbitration — fine print that many investors […]

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Web site raises question of conflict

MSNBC

CHARLES WILSON is a Massachusetts father of three who considers himself a savvy investor. He’s made several hundred online trades in recent years. But earlier this month, he says, he got burned Wilson began visiting a Web site called fast-trades.com. The site recommended a new stock each week – usually one trading at a very […]

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Investor Files For Arbitration Against Internet Based Broker Web Street Securities, Inc.

PR Newswire

An Internet investor, Ashok Aneja, today filed an arbitration with the National Association of Securities Dealers against Web Street Securities, Inc. alleging that they failed to timely execute his market orders to sell securities at the opening bell on Monday, November 30, 1998, causing substantial losses. When Mr. Aneja discovered the mistake he immediately contacted […]

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Glitches dog E*Trade for second day

CNBC

The flood of trading at online broker E*Trade Group Inc. slowed to a trickle again Thursday, as technical glitches prevented customers from buying and selling shares for the second straight day. The outage was not just damaging for E*Trade though, as it focused renewed attention on the reliability of the Web as conduit for stock […]

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