A Lee's Summit woman filed a lawsuit against Fidelity Brokerage Services LLC that will test the legality of short selling in the United States. She seeks damages, attorney fees and class-action status for her lawsuit.
The class size and potential award amounts involved could be huge. Fidelity Brokerage Services is a subsidiary of Boston-based Fidelity Investments Inc., one of the largest wealth managers in the nation. Fidelity manages about $2.96 trillion in customer assets. It has 29.6 billion…
A Lee's Summit woman filed a lawsuit against Fidelity Brokerage Services LLC that will test the legality of short selling in the United States. She seeks damages, attorney fees and class-action status for her lawsuit.
The class size and potential award amounts involved could be huge. Fidelity Brokerage Services is a subsidiary of Boston-based Fidelity Investments Inc., one of the largest wealth managers in the nation. Fidelity manages about $2.96 trillion in customer assets. It has 29.6 billion…