This entails tactics such as unauthorized trading, misrepresentation, pressuring sales tactics, and more. There Are a Few Common Types of Stockbroker Fraud: Omissions or misrepresentation: Occurs when a brokerage firm or broker misrepresents facts or does not disclose facts to ...

Explaining the term “rescission” with an example of rescission offers with a non-traded REIT. Watch Video What is selling away? Selling away is one of the most common reasons why investors lose money. Watch Video What is the difference between ...

Video Summary: Unauthorized Trading, Broker Fraud and Investment Loss Video Transcript: Unless a financial advisor or stockbroker has discretionary authority to handle your account he or she is not allowed to make any transactions in your account without your commission.

Some of the allegations may include: Unsuitability Misrepresentations and omissions Churning Selling away Overconcentration Failure to supervise Negligence Margin account Broker fraud Unauthorized trading Breach of fiduciary duty Why Do You Need Your Own Securities Lawyer?

August 2017: FINRA fined the brokerage firm $100K for allegedly failing to supervise the sale of inverse and leveraged exchange-traded funds. This resulted in customers purchasing 6,500 ETFs worth about $92M in 1400 accounts. Meanwhile, FSC Securities earned about $603K ...

Illinois Investor Sues Open to the Public Investing After Losing Hundreds of Thousands of Dollars Unauthorized Third Party Accessed Her Brokerage Account And Made Trades Without Permission Shepherd Smith Edwards and Kantas Securities Law Firm ( investorlawyers.com ) is representing ...

Our Unauthorized Trading Lawyers May Be Able To Help If you sustained investment losses while ex-stockbroker Justin William Pagel, Shepherd Smith Edwards and Kantas Unauthorized Trading Lawyers ( investorlawyers.com ) would like to talk to you.

The claimant, who filed his broker fraud lawsuit in 2023, alleged negligence, breach of contract, breach of fiduciary duty over the broker-dealer’s purported “inaction” to stop unauthorized trades in the account of an older investor in declining health, and more. ...

A former top 100-Barron’s broker leading a team overseeing $3B in assets, he was barred by the Financial Industry in 2023 following allegations of excessive trading and other kinds of broker misconduct.

The ex-financial advisor has been accused of different kinds of stockbroker misconduct, including excessive trading, unauthorized trading, improper options trading, unsuitability, misrepresentations, breach of fiduciary duty, breach of contract, and negligence. Continue Reading ›