DALLAS, Aug. 9, 2012 /PRNewswire/ -- Goldfarb LLP announces an investigation against the board of directors of Knight Capital Group, Inc. (NYSE: KCG) for allegedly violating shareholder protection laws. Concerned KCG investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"Knight Capital hastily implemented a new and untested system on Wednesday, rashly hoping to beat competitors," securities lawyer Hamilton Lindley said. "As a result, the company endured a number of erroneous orders, creating a one-day trading loss of $440 million. Our proposed shareholder lawsuit will seek to ensure that controls are placed to correct any improper behavior and to improve the company's value for investors."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. KCG shareholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855.
SOURCE Goldfarb LLP