Securities Lawyers

What Should Investors Know When Filing a Broker Negligence Lawsuit? 

Allow Our Trusted Securities Lawyers To Offer You A Free Case Assessment

Many victims of broker fraud often falsely believe that they only have grounds for suing their financial advisor if intentional misconduct, such as misappropriation, occurred. The truth is that you can also go after your stockbroker if negligent behavior contributed to you suffering investment losses.

With broker negligence, willful misconduct doesn’t have to be a factor. Broker-dealers and their registered representatives owe all of their customers a duty of care when it comes to providing them with financial advice or managing their investment accounts. When a stockbroker’s recommendation or actions fall below the fiduciary obligations that they owe you—and portfolio losses arise as a result—you may be able to hold them liable.

Here are just a few examples of what broker negligence can look like:

 

• Your financial advisor failed to conduct the proper due diligence into a real estate fund and inadvertently involved you in a Ponzi scam that cost you money.

 

• Your broker failed to regularly review your account. At one point, what was once a properly diversified portfolio at one point ended up becoming too heavily concentrated in a certain financial product. When that investment failed, you lost all of your savings.

 

• Your stockbroker did not fully understand a particular investment opportunity and, therefore, was not able to fully apprise you of the risks. When the issuer of the investment went bankrupt, you were blindsided because you had no idea you could lose that much money.

 

• Your financial advisor ignored red flags indicating that something was amiss with a particular annuity. You suffered devastating losses that could have been avoided if only the broker had acted to remove you from the investment sooner.

Seasoned Broker Negligence Lawyers 

Shepherd Smith Edwards and Kantas (investorlawyers.com) have been helping the victims of broker negligence pursue their losses caused by financial advisor negligence for more than three decades. Should we agree to work together, we will conduct a thorough investigation into what happened and can file a solid investment loss recovery lawsuit for you.

You want to work with savvy securities attorneys who know what they are doing and have a record of winning awards and settlements for clients. More than 90% of the investors we have represented have received full or partial financial recovery.

How To Contact Our Securities Lawyers: 

Call (800) 259-9010 today.