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The Securities Arbitration Law Firm of KlaymanToskes, announced today that it is investigating potential claims on behalf of Alpha Natural Resources, Inc. (NYSE: ANR) shareholders who held concentrated positions in Alpha Natural Resources stock with full-service brokerage firms. For the year 2011, Alpha Natural Resources declined about 64% ending the year at $20.43 per share. It had traded as high as $68.05 per share in January 2011. As a result of this decline, Alpha Natural Resources shareholders who held concentrated stock positions in Alpha Natural Resources have sustained substantial losses.
Unfortunately, many Alpha Natural Resources shareholders who held concentrated positions in Alpha Natural Resources stock were never advised by their full-service brokerage firms of the risks associated with owning a concentrated account. Investors who held concentrated stock positions on margin faced even greater risks. Additionally, despite having a duty to do so, many firms failed to explain how the use of risk management strategies, like a zero-cost collar, protective put options, stop loss orders and/or an exchange fund, could have been utilized to protect the concentrated Alpha Natural Resources stock positions.
Alpha Natural Resources shareholders who sustained investment losses as a result of holding a concentrated stock position in Alpha Natural Resources can contact KlaymanToskes to explore their legal rights and options. The attorneys at KlaymanToskes are dedicated to pursuing claims on behalf of investors who have suffered substantial investment losses. KlaymanToskes, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.
If you wish to discuss this announcement or have investment losses of $1,000,000 or more in Alpha Natural Resources stock, please contact KlaymanToskes, at 888-997-9956.