TORONTO, Dec. 4, 2013 /CNW/ - The Ontario Securities Commission (OSC) is
warning investors not to invest with Leonard (Lennie) Goldman and
Glendale Growth & Trust ("Glendale"), which purport to be located in
Zurich, Switzerland. An Ontario investor was recently solicited to
invest with Glendale. Mr. Goldman and Glendale are not registered to
sell securities in Ontario.
On November 25, 2013 the Government of Newfoundland and Labrador,
Financial Services Regulation Division issued a similar warning after
some of its residents were contacted by Glendale.
The mandate of the OSC is to provide protection to investors from
unfair, improper or fraudulent practices and to foster fair and
efficient capital markets and confidence in capital markets. Investors
are urged to check the registration of any person or company offering
an investment opportunity and to review the OSC's investor materials
available at www.osc.gov.on.ca.
If you have any questions or information relating to this matter, please
contact the OSC Contact Centre at 1-877-785-1555.
SOURCE: Ontario Securities Commission
For further information:
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Manager, Public Affairs
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1-877-785-1555 (Toll Free)