What to Show to Prove Broker Misrepresentation
There are a few things that are necessary to show in order to actively pursue a securities fraud claim against a stockbroker.
- Proof that money has been lost due to omission or misrepresentation by a broker or brokerage firm.
- The broker or brokerage firm actively misrepresented the security investment or omitted certain information about that investment.
- You trusted and relied upon the counsel and advice of your broker or brokerage firm.
It is crucial to have a carefully prepared case when it comes to cases like this, as many brokerage firms have experience in FINRA arbitration and use very experienced counsel.
If you would like to learn more about FINRA, errors and omissions cases or have other questions related to stockbroker fraud, contact SSEK online or call us today. We have represented many victims of securities fraud losses for over twenty years and have helped clients recover millions of dollars in losses.