GOODMAN AND NEKVASIL, P.A., RECOVERING INVESTOR LOSSES – DENDREON CORPORATION ALERT: DENDREON CORPORATION BANKRUPTCY
Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments, including Dendreon Corporation.
According to Bloomberg, “Dendreon Corp., the maker of prostate-cancer drug Provenge, filed for bankruptcy protection, potentially wiping out shareholders in a company that pioneered the use of patients’ immune systems to fight tumors.”
Even though high yield or junk bonds, notes, limited partnership units, and stock issued by Dendreon Corporation have considerable risk, overzealous brokers, brokerage firms and registered investment advisors have nonetheless recommended Dendreon Corporation and these types of investments to conservative investors seeking income. We believe that investors in Dendreon Corporation lost a significant amount of their savings when Dendreon Corporation filed for bankruptcy.
Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments such as Dendreon Corporation, and has recovered more than $170 million dollars on behalf of victimized investors. We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives. All of our cases are handled on a purely contingency fee basis.
You may have the right to recover your losses from the brokerage firm that sold Dendreon Corporation and other high-risk investments to you. We strongly recommend that you act quickly, however, because statutes of limitation can be short in securities cases.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your rights as a creditor in the Dendreon Corporation bankruptcy or your ownership of these investments in any way.
If you incurred losses on your investment in Dendreon Corporation and/or other high-risk investments and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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