Presley's former clients accused him of misrepresentations, negligence, and unsuitability. These are just three FSC Securities financial advisors who have come under scrutiny in the wake of customer complaints over the years.

They are alleging misrepresentations and unsuitability. A Houston retiree is also claiming up to six figures in damages over GWG L bonds recommended by a Centaurus financial advisor. An Arizona investor suffered L bond losses and now seeks to recover ...

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 ...

Our San Francisco Securities Lawyers Represent Investors In Northern California Over Their Portfolio Losses Involving Financial Product Failures Investment Loss Recovery Retirement Investment Losses Elder Financial Abuse Institutional Investor Claims Professional Trader Claims Unsuitability Misrepresentations and Omissions Overconcentration Breach of

Often the misrepresentations or omissions disguise the risk associated with a particular investment. A broker has a duty to fairly disclose all of the risks associated with an investment.

Brokers Made Misrepresentations About The Risks Certain kinds of real estate investment trusts can be suitable in small quantities for some investor portfolios seeking real estate exposure. Sadly, many investment professionals recommend these privately traded REITs as safe fixed-income alternatives. ...

A broker may try to conceal that they are selling away, perhaps even lying to both their firm and their customers by making misrepresentations and omissions . They might even generate fake account statements or set up a self-directed account ...

It involves misrepresentations/omissions and a lack of due diligence on the part of the bank/brokerage firm. Overseas investors bring assets to the United States, seeking a safe haven for the family’s savings.

Many of the brokers who sold Highlands REIT to customers made misrepresentations and omissions when it came to disclosing the risks, such as the poor conditions of the properties involved. Our Highlands REIT investment lawyers represent investors throughout the United ...

Many of these customers have suffered losses because of unsuitable investment recommendations , misrepresentations, and other kinds of broker misconduct or negligence. According to InvestmentNews , just in 2014 and 2015, LPL paid fines and customer restitution of over $70M.