We will interview you and ask to look at certain documents related to your brokerage account to make an initial determination as to the likelihood of success of your case. If this initial evaluation suggests that your account was mishandled then we may suggest a more detailed financial analysis to ascertain damages and to determine theories of liability.
While most people have heard the term “churning”, which means buying and selling securities in an account with no valid purpose other than to generate commissions, there are many other less well know abuses associated with stock brokerage accounts, such as:
Excessive mark-ups or markdowns
Selling away (occurs when broker solicits
securities/investments which are not authorized or approved by the firm he works for)
Sales by unregistered brokers
Sales of unregistered securities
Improper margin liquidations
Boiler room sales practices
Falsified account statements
Life Insurance Abuses (Variable Universal Life)
Alternative investments (REITs, private placements, limited partnerships)
If your account has large unexplained losses or if it is a large account that shows little or no growth over the years, you may be wise to have it analyzed for abuse. Likewise if your account appears to have been traded excessively, you should consult a knowledgeable professional.
Call 561-391-1900 to discuss your legal rights with an experienced securities attorney. In the alternative use our contact form to tell us a little about your situation.
We do not charge for your initial consultation.
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