Scottrade Inc. claims that Modern Energy Corp. is manipulating the securities market through improperly issued shares, in cooperation with co-defendants The Depository Trust Co., First Public Securities Transfer Corp., National Securities Clearing Corp., Merrill Lynch Pierce Fenner & Smith, Ridge Clearing & Outsourcing Solutions, Pension Financial Services, and E*Trade Financial Corp. See complaint in St. Louis Federal Court.

%d bloggers like this: