Page Perry Pursuing Actions Against ICC

ICC has a long history of regulatory actions arising from lax supervision.

Atlanta law firm Page Perry, LLC, has filed an arbitration action against Investors Capital Corporation (ICC) seeking to recover losses suffered by five former employees of a Georgia Power plant in Rome, Georgia. According to the Statement of Claim, ICC, with a long history of regulatory actions arising from lax supervision of its securities business, is responsible to investors for the acts of its broker/representative and for failure to reasonably supervise that broker, Henry Wilder Bailey of Watkinsville, Georgia, who handled the retirement nest eggs of the five Georgia Power employees. (more…)

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