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.

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 ...

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 ...

There was also the 2011 rogue trader scandal that resulted in a more than $2B loss from unauthorized trading.

Examples of Broker Misconduct Below are some of the examples of broker misconduct that an investor may experience: Making unsuitable investment recommendations; Making misrepresentations or omissions when marketing an investment product or strategy to a customer; Overconcentrating an investor’s account ...

Instead, they are represented as stable or a good way to diversify as they do not typically change their value since they are not traded on any exchange. This suggests to some investors that the security is not losing value, ...

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 ...

Yet securities fraud and investment advisor fraud happen all the time and may include: Misrepresentations and omissions Unsuitable investment recommendations and sales Overconcentration Excessive trading in a customer’s account, also known as churning Unauthorized trading Failure to execute trades Registration ...