{"id":30100,"date":"2024-05-01T13:11:54","date_gmt":"2024-05-01T18:11:54","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=30100"},"modified":"2024-05-01T13:11:54","modified_gmt":"2024-05-01T18:11:54","slug":"financial-advisor-misconduct-attorneys","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/financial-advisor-misconduct-attorneys\/","title":{"rendered":"Financial Advisor Misconduct\u00a0Attorneys"},"content":{"rendered":"<p><strong>Couple Sues Charles Schwab After Broker Purportedly \u201cChased Returns\u201d That Led To Serious Life Savings Losses. <\/strong><strong>Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers<\/strong><\/p>\n<p>Two California investors are seeking up to $500K in damages from Charles Schwab &amp; Co. over significant losses they sustained while working with the brokerage firm. While the broker-dealer is most known for offering a platform for those seeking to direct their own investment decisions and self-manage their accounts, these two older investors entrusted their money to one of the firm\u2019s lesser-known divisions, which provides discretionary management of customer accounts.<\/p>\n<p>These claimants, whom Shepherd Smith Edwards and Kantas (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) are representing, contend that during the last years of working with Schwab, one of the broker-dealer\u2019s financial advisors used a purported needlessly risky strategy that involved turning over these investors\u2019 accounts allegedly to chase returns. In their FINRA lawsuit, our clients are claiming misrepresentations and omissions, gross mismanagement, negligence, and breach of fiduciary duty that we believe led to not just lost savings but also lost growth of said savings during a period when the markets reached all-time highs.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/financial-advisor-misconduct-attorneys\/\"  title=\"Continue Reading Financial Advisor Misconduct\u00a0Attorneys\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Couple Sues Charles Schwab After Broker Purportedly \u201cChased Returns\u201d That Led To Serious Life Savings Losses. Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers Two California investors are seeking up to $500K in damages from Charles Schwab &amp; Co. over significant losses they sustained while working with the brokerage firm. While the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":30107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3783,3762,4055],"tags":[5069],"class_list":["post-30100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-misconduct","category-current-investigations","category-featured-investigation","tag-financial-advisor-misconduct-attorneys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Advisor Misconduct\u00a0Attorneys<\/title>\n<meta name=\"description\" content=\"Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/financial-advisor-misconduct-attorneys\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Financial Advisor Misconduct\u00a0Attorneys\" \/>\n<meta name=\"twitter:description\" content=\"Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/04\/Financial-Advisor-Misconduct-Attorneys.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Advisor Misconduct\u00a0Attorneys","description":"Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/financial-advisor-misconduct-attorneys\/","twitter_card":"summary_large_image","twitter_title":"Financial Advisor Misconduct\u00a0Attorneys","twitter_description":"Our Financial Advisor Misconduct\u00a0Attorneys Represent Seniors and Retirees Investors Against Broker-Dealers","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/04\/Financial-Advisor-Misconduct-Attorneys.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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