Misrepresentations or Omissions

When Your Investor Loss Are Due To Broker Misrepresentations or Omissions

Our Broker Negligence Lawyers Can Help You Explore Your Legal Options

Stockbrokers and investment advisers are supposed to provide you with appropriate financial advice. This includes their duty to give you a full and accurate depiction of the financial product, trade, or investing strategy they are recommending, as well as fully inform you about all of the risks.

Unfortunately, this doesn’t always happen, and a financial advisor may misrepresent or omit material facts about the investment and/or the true risks involved either willfully or negligently. This is known as broker misrepresentation and omission, either of which can be grounds for a securities fraud lawsuit against the brokerage firm or investment advisory firm should serious investor losses result.

At Shepherd Smith Edwards and Kantas (investorlawyers.com) we represent retail investors, retirees, high-net-worth investors, institutional investors, and others who have been the victims of broker misconduct or negligence by their financial advisor.

Why Are Misrepresentations and Omissions By Your Broker So Harmful?

When an investment’s full risks are not fully disclosed, this can compel an investor to agree to a recommendation that they might not otherwise. We cannot tell you how many clients have said they were blindsided not just by their serious investment losses, but also by discovering that an opportunity that they thought was safe, low-risk, and in line with their investing goals was, in fact, an extremely volatile, too risky financial product that they would have never agreed to get involved in had they known.

Unfortunately, there are brokers who will purposely downplay or leave out the risks of an investment because the product is an alternative investment that will earn them higher fees and commissions. Or, they may have never bothered to conduct the proper due diligence to find out that a financial product is, in fact, part of a Ponzi scam or on the verge of failing. (If a financial advisor talks to you about investment and its risks using confusing legal jargon that you cannot understand, this is not providing you with full disclosures either).

Whatever the reason, misrepresentations, and omissions can lead to devastating investment losses.

How Can Our Skilled Misrepresentation and Omission Attorneys Help?

With over a century’s worth of combined experience in securities law and the securities industry, Shepherd Smith Edwards and Kantas can help you determine whether your financial advisor engaged in broker fraud or misconduct. Over the decades, we have helped thousands of investors to recoup their misrepresentation and omission-related losses. Through arbitration, mediation, and litigation, more than 90% of our clients have achieved full or partial financial recovery.

Call (800) 259-9010 today.