What Is Unauthorized Trading? Before placing an order to buy or sell securities for an investor, a broker or financial advisor must obtain the express permission of that investor. According to securities law, a failure to do so may constitute ...

As a matter of fact, 90% of the those who have retained our legal services have recovered all or part of their investment losses caused by one or more of the following: Misrepresentations and Omissions Negligence Unsuitability Margin account abuse ...

Common Types of Broker Misconduct or Negligence Making inadequate and unsuitable investment recommendations Churning , which involves excessively trading in a customer’s accounts to earn commissions Making misrepresentations and omissions Overconcentration Registration violations Making unauthorized trades without the investor’s permission ...

We work with investors seeking to recover investment and bond losses caused by unsuitable investment recommendations, misrepresentations and omissions, churning, unauthorized trading, and other kinds of broker misconduct or negligence.

Churning is what happens when a broker excessively trades in a customer’s account to earn more commissions. It is unethical, illegal, and a violation of Securities and Exchange Commission rules.

Each lawyer and staff member of our firm is devoted to assisting investors to recover losses caused by unsuitability, over-concentration, fraud, misrepresentation, self-dealing, unauthorized trades or other wrongful acts, whether intentional or negligent. We have handled over a thousand cases ...

For many investors, trading in this way is far too risky and unsuitable. Any broker-dealer or financial advisor encouraging an inexperienced investor to use a margin account that is not suitable or appropriate is committing stockbroker fraud. Churning Churning occurs ...

Filing a FINRA Arbitration Claim Against Edward Jones If you are an Edward Jones customer and you suspect that your broker or investment advisor caused your losses by making an unsuitable recommendation , engaging in misrepresentations and omissions , overconcentrating ...

Customer Disputes Involving Turley According to BrokerCheck: July 2021: This investor is requesting $18M in damages for allegedly unsuitable trading and exercise of discretion between 2018 and 2020. September 2020: Also alleging unsuitable trading and exercise of discretion these customers ...

Unsuitable Investment Recommendations Are a Common Cause of Portland Investors' Losses Brokers and financial advisors have a duty to only recommend securities or trades that are in the best interests of a customer's financial goals, portfolio, life circumstances, and risk ...