Stockbroker Negligence Law Firm

When Broker Negligence Leads to Your Investment Losses. Contact Our Stockbroker Negligence Law Firm Today 

Shepherd Smith Edwards and Kantas Stockbroker Negligence Law Firm (investorlawyers.com) represents clients who suffered losses because of negligence by their broker. This is one of the most common legal grounds noted in investment loss recovery claims and happens way too often.

Financial advisors owe their customers a duty of care and broker-dealers can be held liable if this duty is not fulfilled and serious losses result. A basic negligence claim generally has to prove certain elements:

• Duty
• Breach of duty
• Causation of injury
• Damages resulted

There is simple negligence and gross negligence. Simple negligence involves the failure to exercise reasonable care. Gross negligence generally involves reckless or wrongful behaviors, an extreme departure from the general standard of care, and/or perhaps even willful misconduct or wrongful intent.

Examples of financial advisor negligence:

• Making unsuitable investment recommendations.
• Failing to conduct the proper due diligence into an investment to ensure that it isn’t fraudulent.
• Not bothering to properly diversify a portfolio and overconcentrating a customer’s account with one specific investment.
• Making misrepresentations and omissions about the risks.
• Not paying attention to red flags indicating a Ponzi scam or another type of investment fraud.

Sometimes, a broker may have been both negligent and grossly negligent, which is why both legal grounds might be noted in an investor’s lawsuit seeking damages.

Broker-dealers can be held liable for their stockbroker’s negligent actions or inaction. The firm may also be accused of negligence if they failed to properly supervise their registered representative or the client’s portfolio.

Brokerage firm negligence may even be alleged if a broker who already had a long record of defrauding investors was hired or supervisors did not give a financial advisor the proper training before allowing them to manage customers’ money. Even when done out of ignorance, financial advisor negligence can lead to serious investment losses.

For over 30 years, Shepherd Smith Edwards and Kantas Stockbroker Negligence Law Firm has been representing investors who have been the victim of stockbroker negligence. In arbitration, mediation, and litigation, we have helped thousands of investors to recover all or part of their losses through our skilled representation.

If you contact us today, we can schedule a free, no obligation case assessment to help you determine whether your portfolio losses were caused by broker negligence or some other legal grounds. We can also help you explore your legal options.

How To Speak With Someone At Our Stockbroker Negligence Law Firm:

Suing your broker and proving negligence can be very challenging, which is

why you need knowledgeable broker misconduct attorneys fighting for you. Call our Stockbroker Negligence Law Firm at (800) 259-9010 today.