Allan Roth of Tampa Arrested in Penny Stock Scam

Allan Roth of Tampa Arrested in Penny Stock Scam

Allan Roth of Tampa Arrested in Penny Stock Scam 150 150 Robert Rex, Esq.

February 27, 2015-Tampa, Florida

The Florida Office of Financial Regulation (OFR) reports that Allan Roth, 57, was arrested on 34 charges of selling unregistered securities and 34 counts of selling securities without being registered. The case is being prosecuted in Pinellas County, Florida.

Roth, targeted his former clients from the time when he was a licensed securities broker to pitch a penny stock, Inc. (BZRT). He told investors Bizrocket was the next Facebook for children and raised nearly $300,000 from 20 victims.

“I encourage every Floridian to verify the license of the company or individual with the OFR before doing business,” said OFR Commissioner Drew J. Breakspear. “We are committed to fighting financial fraud in Florida and we will continue to pursue bad actors, who harm the integrity of the industry.”

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 


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