Public investors are protected in securities investing by rules, laws, regulations, and safeguards. The violation of these protections in an effort to cheat or take advantage of investors is knows as securities fraud. Securities fraud may occur among brokers/dealers, who may mislead clients or advise with inside information, financial advisors, who may offer bad advice, corporations, who may hide or manipulate information, or by private investors, who may try to act on inside information.
The percentage of individuals committing securities fraud is not large, but their actions have been significant enough to taint public perception of the entire industry. Most investment loss is the result of natural market forces, not fraud. However, if you have experienced problems with your investments and/or investment staff, you may be the victim of securities fraud. Even if your losses have already occurred, you may have legal recourse to either recover losses or receive compensation for the loss of income that the investments should have been generating. Consider the following questions:
- Are you the victim of poor investment advice?
- Has your broker failed to explain the risks when recommending potentially risky investments?
- Has your broker completed trades without your understanding or authorization?
- Has your broker traded your account excessively?
If you or a loved one is in need of legal assistance, call Heavens Law Firm at 1-866-HEAVLAW, submit a free online consultation, or contact us. The initial consultation is free of charge, and if we agree to handle your case, we will work on a contingency fee basis, which means we get paid for our services only if there is a monetary recovery of funds. In many cases, a lawsuit must be filed before an applicable expiration date, known as a statute of limitations. Please call right away to ensure that you do not waive your right to possible compensation.