Securities and Investment Fraud/Malpractice
Unfortunately, certain stockbrokers, banks, investment advisors, trustees and other financial representatives fail to act in the best interest of their customers. This abuse typically arises in one of the following ways:
- Unsuitable investments recommended to the customer in light of the their age, net worth, investment experience and financial objectives;
- Churning the account to generate commissions;
- Unauthorized trading in the account;
- Failure to update the customer's investment objectives;
- Mismanagement of a trust fund;
- Breach of fiduciary duty by the financial representative; and/or
- Failure to supervise a rogue broker.
When these types of situations occur, all trust is lost, and the customer's investments have been severely damaged or even depleted. Although some of these claims may be litigated before a jury, most financial institutions rely upon the fine print found in the opening account documents to direct the claim to arbitration. Whether your claim is governed by a binding arbitration clause or the circumstances of your case allow the arbitration clause to be set aside (and heard by a court of law), you need legal counsel who will assert your legal rights and fight the large financial institutions on the opposite end of your claim.
Whether you are an aggrieved investor or a lawyer seeking to associate counsel that handles this area of the law, please call us today to discuss the potential case.
