SOURCE: Tramont, Guerra & Nunez, P. A.

June 12, 2009 18:00 ET

Notice to All Huntington Bancshares Inc. Investors From the Securities Law Firm of Tramont Guerra & Nunez, PA

CORAL GABLES, FL--(Marketwire - June 12, 2009) - The Securities Law Firm of Tramont Guerra & Núñez, PA (TGN) makes an announcement to all Huntington Bancshares (NASDAQ: HBAN) shareholders who are prospective class members of class action lawsuit (Case No. 07 CV 01276) filed on December 19, 2007 in the U.S. District Court for the Southern District of Ohio Eastern Division. The class action lawsuit alleges "materially false and misleading statements" concerning business risks which the company faced as a result of the acquisition of Sky Financial Group, Inc., a lender with excessive exposure to subprime mortgages relative to the bank capital base. Huntington Bancshares investors who are prospective class members should consider whether an individual securities arbitration claim filed with the Financial Industry Regulatory Authority (FINRA) is more effective than a class action for recovery of their investment losses.

Many investors were advised by their financial advisors that an investment in Huntington Bancshares was a suitable investment for risk adverse investors. In some instances, individuals maintained concentrated positions in the banking sector which may have exposed investors to unnecessary and uncompensated risk. Brokerage firms are obligated to give, and investors are entitled to rely upon brokerage firms for, competent, suitable investment advice in accordance with the FINRA regulations. Recommendations of unsuitable investments and/or concentrated investments in the financial sector are both causes of action that form the basis for individual securities arbitration claims filed with FINRA. In some cases, shareholders must "opt-out" as a class member in order to pursue a securities arbitration claim, otherwise this legal option is not available.

The Securities Law Firm of Tramont Guerra & Núñez, PA, is a nationally recognized, Martindale Hubbell "AV" rated securities law firm. To request a confidential consultation from a TGN attorney to assist you in determining whether you have a viable individual claim for investment losses that exceed $100,000 from a full service brokerage account, contact us on stock market loss lawyer. To speak directly with an attorney, call (800) 578-0137 and ask for David Chacin, Esquire.

Destination URL: http://www.stockmarketlosslawyer.com/press-releases/class-action-lawsuits-huntington.htm

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