Investigation of E*Trade's Margin Account Practices

September 23, 2010. The law firms of Moody & Warner, P.C. (Chris Moody and Repps Stanford) and Nicholas & Butler, L.L.P. (Craig Nicholas and Alex Tomasevic) announce an investigation into E*Trade Financial Corp. and related companies, including E*Trade Clearing, LLC.

Our investigation seeks to determine whether customers of E*Trade, particularly options traders, have experienced any of the following:

· incorrect margin balances/buying power calculations by E*Trade

· improper options contract assignments and/or failure to deliver

· lost trading opportunities due to incorrect margin balances

· forced liquidation of account assets by E*Trade to meet erroneous margin calls

Actions of these types by E*Trade may violate one or more of E*Trade's legal obligations to its clients, including obligations imposed by California consumer statutes. If you have experienced one of these actions and have suffered losses as a result, you may be entitled to compensation. If our investigation confirms that these problems were sufficiently wide-spread, a class action lawsuit seeking compensation may be filed.

If you have information on any of these issues we want to hear from you!