Levi & Korsinsky, LLP, National Class Action Law Firm, Announces Class Action Investigation Against Interactive Brokers Group, Inc. (NASDAQ: IBKR).

February 01, 2021 5:08 PM EST | Source: Levi & Korsinsky, LLP

New York, New York--(Newsfile Corp. - February 1, 2021) - Levi & Korsinsky, LLP, a national securities law firm that has recovered hundreds of millions of dollars for investors, announces that it has commenced an investigation of Interactive Brokers Group, Inc (NASDAQ: IBKR) concerning its decision to impose trading bans on certain stocks.

Recently, retail investors have turned the tables on Wall Street by buying up stocks heavily shorted by hedge funds, causing losses to these institutional investors as retail investors took the other side of the trade. However, on January 28th, Interactive Brokers announced bans on opening positions of certain stocks as well as other restrictions aimed at retail investors.

The immediate affect of these bans caused the prices of these stocks to crater, causing investors substantial losses.

The inability to trade shares has sparked outrage across social media, as users took to Twitter, social media and the streets to vent their frustrations.

If you own shares of Interactive Brokers Group, Inc (NASDAQ: IBKR) and believe you have been harmed, please contact us.

To learn more about this investigation and your rights if you believe you have suffered losses, go to: https://www.zlk.com/compensation2/interactive-brokers-group-inc-information-request-form

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73363

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