Margin Abuse Attorneys

Margin Abuse Law Firm

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investor Sues TD Ameritrade For $5 Million in Losses. Our Skilled Margin Abuse Law Firm Are Representing This Claimant

A Fort Lauderdale, Florida investor who was trading options using TD Ameritrade’s platform has filed a seven-figure lawsuit against the broker-dealer. This investor contends that margin abuse, including raising the margin requirement on one of his investments by 500%, essentially wiped out his account immediately and unnecessarily. Now, this investor is seeking up to $5 million in damages for his losses.

The Shepherd Smith Edwards and Kantas Margin Abuse Law Firm (investorlawyers.com) is representing this investor in his FINRA lawsuit against TD Ameritrade. Incredibly, it appears that for most of the options contracts he secured through the broker-dealer’s platform, he was either the only one, or one of the very few, with these options contracts.

Margin Abuse Lawyers

Published on: August 27, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investor Sues TD Ameritrade For Up to $5M. Our Skilled Margin Abuse Lawyers Are Representing This Claimant

A Fort Lauderdale, Florida investor who got involved in options trading using TD Ameritrade’s platform has filed a seven-figure lawsuit against the broker-dealer. This claimant contends that margin abuse, including raising the margin requirement on one of his investments by 500%, immediately rendered his account worthless. Now, he is seeking up to $5M in damages for his losses.

Shepherd Smith Edwards and Kantas (investorlawyers.com) are representing this investor in his FINRA lawsuit against TD Ameritrade. Incredibly, it appears that for most of the options contracts he secured through the broker-dealer’s platform, he was either the only one or one of the very few, with these options contracts.

Margin Abuse Lawyers

Published on: June 28, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You an Oppenheimer PEP Investor Who Suffered Serious Losses? Our Margin Abuse Lawyers Are Representing Claimants In Suing This Broker-Dealer

For the last several months, Shepherd Smith Edwards and Kantas Margin Abuse Lawyers (investorlawyers.com) has been speaking to accredited investors who were marketed and sold the Oppenheimer Portfolio Enhancement Program (PEP) by their broker. This is a proprietary program that the firm offered to wealthy customers as a supposed chance to earn up to an additional 5% if they participated and borrowed on margin.

A $1.25M minimum was required to become involved in Oppenheimer PEP. This was a high-risk, hedged investment program that, in truth, could only succeed in a low-volatile, low-interest environment.

Margin Abuse Attorneys

Published on: January 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Continue to Investigate Oppenheimer PEP Losses. Contact Our Savvy Margin Abuse Attorneys To Request Your Free Case Consultation

If you are someone whose Oppenheimer financial advisor marketed and recommended the brokerage firm’s Portfolio Enhancement Program (PEP), and you have since suffered related investment losses, Shepherd Smith Edwards and Kantas (investorlawyers.com) would like to talk to you. Unfortunately, it seems that a significant number of wealthy investors may not have been fully apprised of the risks involved in this proprietary program.

Oppenheimer PEP is now closed but not before investors reportedly suffered serious losses. Marketed as a hedged investment that provided a chance for participants to supposedly make an additional 5% if they borrowed money on margin, the minimum investment allowed was $1.25M. Many who got involved thought they were giving themselves a chance to generate a passive stream of income.

Margin Abuse Attorneys

Published on: November 15, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You The Victim of Excessive Use Of Margin?

Our Savvy Margin Abuse Attorneys May Be Able To Help

If you suffered significant losses after your broker unsuitably recommended that you borrow or buy on margin, please contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. Using a margin account to increase capital and returns is incredibly risky and unsuitable for most novice and retail investors. Depending on your financial goals, age, and risk tolerance level, it may not even be appropriate for you even if you are a wealthy investor. That said, it can also be an appropriate and very profitable investing strategy for certain sophisticated investors who can handle a high level of risk.