Churning in stock accounts is a form of investment fraud that involves the excessive transaction of your investment account’s securities by your broker without regard for your financial objectives in order to generate commissions. At no charge, we are available to analyze your portfolio to determine if misconduct caused you to suffer losses. Below are a sample of the type of securities and investment issues we analyze and litigate every day.
Be aware that fraudsters mayimpersonateFINRA, the SEC or other government organizations in an attempt to build credibility with those they hope to defraud. Every case and every situation is different, as is every client relationship. We are committed to working with our clients to arrange cost-effective litigation strategies and we have arrangements that include hourly, contingency, hybrid, or alternative fee arrangements depending on what makes sense for our clients in every case. A breach of fiduciary duty is when a principal fails to act in the best interests of a client.
How an Investment Fraud Lawyer Can Help You Recover Securities Losses
That means you don’t have to give permission for each trade separately, and if you trust your broker you might give this discretion to avoid having to decide so many things yourself. Additionally, private placements and other alternative investments are often not liquid. Therefore they are inappropriate for an investor that needs access to their cash.
How Do I Recognize Signsof Securities Fraud?
No matter how complex or document-intensive your potential case may be, you will not be charged a single penny for your review and consultation. Anything that has to do with breaking the law results in nasty cases. On suffered losses in Carvana stock though, you may not have enough knowledge or experience showing that your case has adequate merits. After all, you can start investing in this market for as little as $1,000. Or the letter could be addressed to one of the firm’s largest producers, the subject of several customer complaints, advising that she is the target of a regulatory investigation due to the receipt of yet another complaint.
Free consultations, always
No investment fraud firm can ever guarantee the same or similar results in any given case. However, when you hire the Law Offices of Robert Wayne Pearce, P.A., you can sleep well knowing you are in qualified and capable hands. Attorney Robert Pearcehas represented hundreds of investors over his 40 year career and in the last 20 years alone recovered over $160 million for his investor clients. Selling away entails the sale of private securities that are not authorized by and not on the products list of a registered broker’s or financial advisor’s broker-dealer firm. Broker-dealers, however, are responsible for the outside business conducted by its financial advisors whether it approved it or not.