The Securities Law Firm of Klayman & Toskes Continues Its Investigation of Rhonda Breard and Breard & Associates Wealth Management

NEWPORT BEACH, Calif., March 3, 2010 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com) announced today that it is continuing to investigate potential claims against ING Financial Partners (NYSE: ING) on behalf of former customers of Rhonda Breard ("Breard") and Breard & Associates Wealth Management. K&T has received numerous inquiries from victims of Breard, who no longer have access to their money. It is estimated that about $7 million has been reported missing by Breard's former customers. 

Breard, who was registered with ING Financial Partners until February 10, 2010, is alleged to have vanished along with millions of dollars of her clients' money. Breard was a licensed broker in Arizona, Michigan, Nevada, New Mexico, North Carolina, Oregon, Washington, West Virginia, and Wyoming. It has been reported that securities regulators and other agencies are investigating Breard's practices. A review of Breard's securities license reveals a history of several customer complaints as well as regulatory actions.  These are all potential "red flags" under the law. Under NASD Rules, ING Financial Partners was obligated to properly supervise the practices and activities of Breard during the time that she was registered with the firm. Breard had been registered with ING Financial Partners since February of 2002. Accordingly, ING Financial Partners may be liable for failing to supervise Breard's activities and responsible for compensating investors who lost money investing with Breard.

As such, K&T plans to assist victims of Breard and ING Financial Partners in securities arbitration claims before the Financial Industry Regulatory Authority (FINRA). K&T strongly encourages customers who held accounts with Rhonda Breard and/or Breard & Associates Wealth Management to contact Steven D. Toskes, Esquire, or Jahan K. Manasseh, Esquire, toll-free at 888-997-9956, to discuss their legal options and/or the possibility of pursuing an individual securities arbitration claim against ING Financial Partners and/or Breard. You may also visit us on the web at http://www.nasd-law.com.