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NEW YORK, Aug. 6, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Investment Technology Group, Inc. ("Investment Technology") (NYSE:ITG) between February 28, 2011 and July 29, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of California. If you purchased or otherwise acquired Investment Technology securities between February 28, 2011 and July 29, 2015, your rights may be affected by this action. To get more information go to:
According to the complaint, throughout the Class Period defendants issued materially false and misleading statements and/or failed to disclose that: (a) the Company's AlterNet Securities, Inc. subsidiary operated a proprietary trading operation in 2010 through mid-2011 inside of Investment Technology's POSIT dark pool, a private stock trading platform, against some of its broker clients; (b) the proprietary trading operation used information from customer stock orders within Investment Technology's dark pool, as well as information from clients that used the firm's algorithms to execute trades on other trading platforms, which should not have been available; and (c) as a result, the Company's public statements were materially false and misleading at all relevant times.
If you suffered a loss in Investment Technology you have until October 5, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut 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 and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comNEXT ARTICLE