Not all stockbrokers are looking to swindle investors; in fact, some believe they are the ones being swindled.

Maxwell Peckler, a former Massachusetts stockbroker for Salomon Smith Barney Inc., has said that because he quit his job less than two years after joining a mandatory restricted-stock plan, he lost both the rights to his shares and the money he used to purchase them, The Boston Globe reports.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]