Misrepresentations and Omissions Brokers and investment advisors are obligated only to make investment recommendations that are in a customer’s best interests. This means they must conduct the proper due diligence before marketing a security or investment product to you and ...

FINRA arbitration allows investors to pursue damages directly from the brokerage firms whose due diligence failures, misrepresentations and omissions , poor recommendations, and other misconduct or negligence caused them financial harm.

Regardless of whether the misrepresentation was purposeful or negligent, you were still wronged.

The SRO also alleged misrepresentations and omissions .

This includes not making misrepresentations and omissions when explaining these recommendations and apprising an investor of the risks.

When Misrepresentations Lead To Investor Losses Two JPMorgan Chase Affiliates Ordered to Pay $151M By the SEC Broker-dealers are required to ensure that customers are given accurate and complete information when it comes to investments that they are recommending.

The claimants, who are requesting up to $500K, in addition to interest and costs, are alleging unsuitable investment recommendations, concentration, misrepresentations and omissions, a gross lack of supervision, negligence, grossly negligent behavior, and more.

Unfortunately, unsuitable recommendations, misrepresentations and omissions, concentration, and best interest violations by stockbrokers lead to many portfolio losses that could have otherwise been avoided, which is why we are here to help.

The claimant, who made allegations of unsuitable investment recommendations and misrepresentations and omissions, settled their claim for over $94K.

The claimants had alleged unsuitability, misrepresentation, negligence, gross negligence, and breach of fiduciary duty.