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Investors of Preferred Stocks Suffer Losses As Market Undergoes Nearly 5% Drop
Unsuitability & Overconcentration May Lead to Unnecessary Investor Losses in Preferred Stocks
If you are an investor in preferred stocks or preferred stock funds, you may have suffered losses as the preferred-stock market had dropped almost 5% since its mid-Feb peak.
These stocks do carry some risk with them and they are not suitable for every investor. If you are wondering whether your investments were inappropriately recommended to you or your broker overconcentrated your portfolio with too many of them, contact our investor attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm) today.