Ladenburg Thalmann Financial Services Inc's Executive VP and COO just picked up 10,000 shares

Adam Scott Malamed, Ladenburg Thalmann Financial Services Inc's Executive VP and COO and a director of the company, recently acquired 10,000 shares of the company. The buys took place at $3.46 per share, on April 12, 2019. Malamed now owns 1,497,541 shares of the company. Malamed operates out of Miami, FL. Some additional info was provided as follows:

The 8.00% Series A Cumulative Redeemable Preferred Stock is convertible into common stock at a non-fixed conversion rate in connection with a change of control as described in the issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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