JonesTrading Announces Arbitration Claim

WESTLAKE VILLAGE, Calif., May 11 /PRNewswire/ -- On May 10, 2010 JonesTrading Institutional Services LLC ("JonesTrading") filed a FINRA arbitration claim against five former employees from its convertible bond trading department and Nomura Securities International, Inc. ("Nomura"). JonesTrading is seeking injunctive relief, actual damages, and punitive damages against the respondents for claims related to the departure of the JonesTrading employees and their subsequent hiring by Nomura.

About Jones Trading

JonesTrading Institutional Services LLC is one of the oldest and largest pure execution-only trading firms in the U.S., and a worldwide leader in trading since 1975.

Member FINRA & SIPC

SOURCE JonesTrading

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