Alleged Supervisory Failures and Misrepresentations and Omissions Lead to Regulatory Sanctions According to BrokerCheck , RBC Capital Markets has 449 disclosures.

They are the ones we responsible for the misrepresentations and importantly, the omissions.

Alleging unsuitability, misrepresentations and omissions, overconcentration, gross negligence, and other claims, they are pursuing up to $500K in damages.

Examples of Broker Misconduct Below are some of the examples of broker misconduct that an investor may experience: Making unsuitable investment recommendations; Making misrepresentations or omissions when marketing an investment product or strategy to a customer; Overconcentrating an investor’s account ...

Making misrepresentations and omissions .

Broker misrepresentations and omissions often disguise the risk associated with a particular investment. ... The concept is of utmost importance in securities matters as misrepresentations and omissions are specifically codified in both Federal and State securities legislation. ... These misrepresentations/omissions ...

Yet securities fraud and investment advisor fraud happen all the time and may include: Misrepresentations and omissions Unsuitable investment recommendations and sales Overconcentration Excessive trading in a customer’s account, also known as churning Unauthorized trading Failure to execute trades Registration ...

Many of these customers have suffered losses because of unsuitable investment recommendations , misrepresentations, and other kinds of broker misconduct or negligence.

Skilled Broker-Dealer Negligence Lawyers Brokerage firms have a duty to properly supervise their registered representatives and ensure that no unsuitable recommendations, misrepresentations or omissions, or other negligent or wrongful actions have occurred in customers’ accounts.

A much earlier customer dispute involving Turley from 1999, seeking $49K in damages while alleging misrepresentations, was denied.