signed the selling agreement for APS to sell America Fund securities and APSa#39;s chiefoperating officer signed the selling ... The failure ofPuttick and APS to conduct appropriate due diligence prior to making a recommendation ofa security violated the duty of a broker-dealer to its clients and constituted fraud. ... Finaliy, Puttick and APS recklessly violated the requirements in APSa#39;s own compliance manual.
|Title||:||Securities and Exchange Commission Litigation Complaint: October 22, 2009|
|Publisher||:||DIANE Publishing -|