Unfortunately, certain stockbrokers, banks, investment advisors, trustees and other financial representatives/institutions fail to act in the best interest of their clients/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
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 judge or jury), you need legal counsel who will assert your legal rights and fight the large financial institutions on the opposite end of your claim.
If you or your loved one have been the victim of financial abuse while in the care of a nursing home, home health agency or other caregiver, i.e., overcharging for health care services, false or deceptive billing practices, etc., please see the Elder & Nursing Home abuse page of the website for more information about Rob’s practice involving these types of cases.
Whether you are an aggrieved investor or a lawyer seeking to associate counsel who handles this area of the law, please call Rob today to discuss the potential case.