Misconduct Comes in Many Forms
Misconduct by stock brokers and brokerage firms comes in many forms. If you suspect you were taken advantage of by a dishonest financial investment professional, contact The Law Firm of David R. Chase, P.A. at 866-457-2847 for a free initial consultation with our principle lawyer. We are located in Fort Lauderdale, Florida, and we represent investors nationwide and globally.
Claims Against Stock Brokers and Brokerage Firms
Stock broker fraud occurs when an individual broker or brokerage firm acts in a dishonest and manipulative way to the detriment of their client. Victims of fraudulent acts, such as unauthorized trading, churning or selling away, may be able to recoup their investment losses. Most claims against stock brokers and brokerage firms fall into the following categories:
- Churning: Excessive trading in order to generate commissions
- Unauthorized trading: When a broker buys and sells without client consent
- Selling away: When an individual broker sells an investment to a client without the approval and knowledge of the brokerage firm — the brokerage firm may be held accountable for failure to supervise
- Stock manipulation: When a broker is involved in pumping up the price of stock, allowing insiders to sell out at an inflated price; retail clients are usually left with stock of little or no value
- Unsuitable investment recommendations: Recommending the purchase of an investment that is not appropriate for the particular investor given his/her age, investment objectives, risk tolerance, etc.
If you believe stock broker fraud, such as churning or other misconduct is the direct cause of your investment losses, e-mail us or call The Law Firm of David R. Chase, P.A. at 866-457-2847. Attorney Chase will analyze your case and aggressively pursue recovery of your lost investments.
