Churning is what happens when a broker excessively trades in a customer’s account to earn more commissions. ... Excessive Trading Is Costly Even Beyond The Commissions Churning can dramatically increase a client’s risk of loss. ... Excessive trading also dramatically ...

Unsuitable Investment Recommendations Are a Common Cause of Portland Investors' Losses Brokers and financial advisors have a duty to only recommend securities or trades that are in the best interests of a customer's financial goals, portfolio, life circumstances, and risk ...

There was also the 2011 rogue trader scandal that resulted in a more than $2B loss from unauthorized trading. ... Some Other Recent Major Regulatory & Investigative Claims Involving UBS July 2021 : Paying over $8M, UBS Financial Services settled ...

At SSEK Law Firm, we have represented thousands of investors and recovered many millions of dollars on their behalf over losses caused by: Misappropriation Broker fraud Misrepresentations and Omissions Negligence Unregistered securities sales Other registration violations Failure to execute trades ...

We work with investors seeking to recover investment and bond losses caused by unsuitable investment recommendations, misrepresentations and omissions, churning, unauthorized trading, and other kinds of broker misconduct or negligence. ... The claimants accused the broker-dealer of unsuitably recommending non-traded ...

Our Unauthorized Trading Lawyers May Be Able To Help If you sustained investment losses while ex-stockbroker Justin William Pagel, Shepherd Smith Edwards and Kantas Unauthorized Trading Lawyers ( investorlawyers.com ) would like to talk to you. ... This purportedly included ...

The claimant, who filed his broker fraud lawsuit in 2023, alleged negligence, breach of contract, breach of fiduciary duty over the broker-dealer’s purported “inaction” to stop unauthorized trades in the account of an older investor in declining health, and more.

A former top 100-Barron’s broker leading a team overseeing $3B in assets, he was barred by the Financial Industry in 2023 following allegations of excessive trading and other kinds of broker misconduct. ... In 2022, an investor filed a $2M ...

The ex-financial advisor has been accused of different kinds of stockbroker misconduct, including excessive trading, unauthorized trading, improper options trading, unsuitability, misrepresentations, breach of fiduciary duty, breach of contract, and negligence.

Unauthorized Trading Can Lead To Serious Investor Losses Ex-DA Davidson Broker Andrew David Schell Has Been Involved in 19 Customer Disputes If you suffered investment losses while working with former Colorado financial advisor Andrew Schell, please contact Shepherd Smith Edwards ...