Excessive Use of Margin – Buying on margin occurs when your broker and brokerage firm encourage you to take out loans from the brokerage firm. You can typically use this money to invest in other securities, but when your loan remains outstanding and you continue to invest, your broker will make more money. If your broker fails to explain the risk you’ve taken, excessive use of margin applies and your broker can be held accountable.
If the parties cannot agree, then they can terminate their efforts and move forward with arbitration. In mediation, the parties have the flexibility to develop a mutually agreeable resolution. suffered losses in Kiromic BioPharma stock ’s role is to help the parties explore their options rather than issuing an award in favor of one party or the other.
Investors Should Not Pay for Investment Fraud or Mistakes by Financial Advisors and Broker
You cannot improve the amount of any recovery by retaining more than one law firm. The best way to find a good investment fraud attorney is to interview multiple lawyers and find the one that has the most experience in securities investment fraud and meets your personal expectations. If you suspect fraud, an investment fraud attorney can help you plan your next steps.
Contact Us to Learn More or to Report a Possible Securities Fraud
Oftentimes this trust can be abused through misconduct, deceit, misrepresentation, or negligence, resulting in financial losses and strain. If you lost money on an investment because of false or misleading information, you may have a case for securities fraud. Frank LLP’s attorneys help investors around the world to recover their losses through class action lawsuits, as well as individual lawsuits on behalf of large investors such as pension funds.
$11 1 Million Verdict against Smith Barney broker who sold away in violation of FINRA rules
There’s the Security Act of 1993 and Securities Exchange Act of 1934. But just as there are many reasons for losses outside of your broker’s control, there are also reasons that they occurred due to your broker or advisor. If your loss occurred not because of the market itself but because the person you trusted to look after your investments didn’t, then you have every right to take matters to court.