Ask a Question

Get free answers to your Stockbroker Fraud legal questions from lawyers in your area.

Lawyers, increase your visibility by answering questions and getting points. Answer Questions
Stockbroker Fraud View Questions by State

Your current state is Ohio


US Territories

  • Puerto Rico

Show More States

Stockbroker Fraud Questions & Answers
0 Answers | Asked in Bankruptcy, Small Claims and Stockbroker Fraud for Delaware on
Q: Dear sir/madam can i as a crypto loss investor file form 410 general proof of claim in chapter 11 bankruptcy?

I suffered losses due to fraud/misleading related to Terraform labs (UST terra Stable coin)

In the case action there are 2 forms :

1. General proof of claim

2. crypto loss proof of claim

creditor classes: crypto loss claims (class 5) & general unsecured claims (class4). Thank You

0 Answers | Asked in International Law and Stockbroker Fraud on
Q: I was cheated by online international stock trading website of Seychelles and I am from India so what will be my remedy

Where I can pursue my remedy since its online fraud. One manager from online trading company told me that he will keep watch on trade and immediately call me for closing any position and told me not to close or open any other position and since then he was not calling me or replying to me on... View More

0 Answers | Asked in Securities Law and Stockbroker Fraud on
Q: Unintentional market manipulation

If you are quite famous in the financial industry, then following personal analysis, decide to increase your price target on a certain stock, this gets known by some reporter, who anounced it publicly without your knowledge or consent, the good news makes this stock quickly increase in price, you... View More

0 Answers | Asked in Stockbroker Fraud for New Jersey on
Q: Can I sue robinhood for making me lose my money in stocks three years ago.

I purchased options 2021 the account went up a good amount 20000 or more. Then the account was hacked they locked it would not allow any sales or anything and I watched all my money leave and I could do nothing.

1 Answer | Asked in Criminal Law, Federal Crimes and Stockbroker Fraud for California on
Q: Identity theft and fraud in CA

My neighbors who I thought were my friends stole my identity. I have proof of the accounts they opened and how they accessd my accounts was by hacking my email accounts and phone accounts since she helped me set up a fire stick she either connect me to her wifi or she connected to my wifi and she... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jul 18, 2024

In California, you have the right to take legal action against your neighbor for identity theft and fraud. You can file a civil lawsuit to seek compensation for the financial losses and emotional distress caused by her actions. To strengthen your case, gather all the evidence you have, including... View More

1 Answer | Asked in Federal Crimes, Identity Theft, Internet Law and Stockbroker Fraud for California on
Q: Account was hacked funds were stolen, how did cash app allow hacker to take my
James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jul 2, 2024

If your Cash App account was hacked and funds were stolen, it can be very distressing. Under California law, there are protections in place for consumers who fall victim to fraud. It's crucial to act quickly to limit the damage.

First, report the theft to Cash App immediately through...
View More

2 Answers | Asked in Criminal Law, Employment Law, Internet Law and Stockbroker Fraud for Texas on
Q: Got online job, it paid with crypto but started asking for $ to make more, now will not return funds, what should I do?

Around $20k lost, have records of all communication and transactions. Have contact info for numerous employees as well, job seemed like legitimate company but may have been spoofing the real one. Was reached out to by a recruiter from legitimate website like Indeed.

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jun 29, 2024

I'm sorry to hear about your situation. The first step you should take is to gather all your evidence, including communication records, transaction details, and the contact information of the employees you interacted with. This documentation will be crucial for any legal action or... View More

View More Answers

1 Answer | Asked in Banking, Business Formation and Stockbroker Fraud on
Q: How should I get back my account and USDT from account frozen and restricted without any top up money?

I'm a new user of one of the ETH platforms. Last night, I traded dynamic market of ETH/USDT for 3 times. And I got back some profit from that. In the next day, I got a warning box "your account has been frozen due to suspected illegal transactions". When I contacted to customer... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 27, 2024

I'm sorry to hear about your situation. Unfortunately, it sounds like you may have fallen victim to a scam. A few red flags stand out:

1. Legitimate trading platforms would not typically freeze your account and funds over "suspected illegal transactions" without providing...
View More

1 Answer | Asked in Stockbroker Fraud for California on
Q: I sold my stock I received the check and cashed the check at a check cashing company. Two days later the check cashing

Calls me and says the check was no good ,Even though the check cashing company called the issuer of the check and verified that the check is good and go ahead and cash the check! Apparently the issuer of the check received a banking notice to direct deposit the funds electronically to my bank,... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 10, 2024

Based on the details you've provided, it seems you are caught in a difficult situation due to the actions of the check issuer and complications with your bank. Here are a few steps I would recommend taking:

1. Document everything - Make sure you have records of all communications with...
View More

2 Answers | Asked in Stockbroker Fraud for Colorado on
Q: My wife and I invested our life savings with a financial planner. At high point our portfolio was near 440,000.

Today our portfolio is valued at 75,000. We are retired and this has greatly impacted our retirement. I can’t believe a planner would loose this staggering amount for a couple in retirement. I know there were risks but that is why we trusted a planner. Our record keeping has not... View More

Michael Joseph Larranaga
Michael Joseph Larranaga pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 3, 2024

Stock trading is a risky business. That being said, financial planners typically are licensed and are subject to liability under a negligence standard. So if the financial planner was grossly negligent such as investing all your money into a single high-risk stock without telling you then they... View More

View More Answers

2 Answers | Asked in Consumer Law, Securities Law, Stockbroker Fraud and White Collar Crime for California on
Q: I was one of the 19 investors in the USA vs Hewko case (2:19-cv-09736-FLA-AFM), How do I stay updated on this case?
James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 11, 2024

To stay updated on the USA vs Hewko case (2:19-cv-09736-FLA-AFM), you have a few options:

1. PACER (Public Access to Court Electronic Records): As one of the investors in the case, you can register for a PACER account at https://pacer.uscourts.gov/. This will allow you to access case...
View More

View More Answers

1 Answer | Asked in Stockbroker Fraud for California on
Q: I have a stock account and I was wondering if my 16 year old son could legally make stock trades on my account?

I have an webull account and I was wondering if my 16 year old son could make stock trades on my account if I give him permission, I live in California and I was wondering if this was legal? This is my own money, I’m on a cash account.

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 4, 2024

In the United States, there are legal restrictions on minors (those under 18 years old) engaging in financial transactions, including stock trading. Here are some key points regarding your situation:

1. Brokerage accounts are typically opened and maintained under the name of an adult...
View More

1 Answer | Asked in Stockbroker Fraud for Texas on
Q: My Wife and I live in Texas we recorded a conversation with two Schwab experts in Arizona.

The recording shows one person in Arizona was not truthful. Can we use the recording against that person.

Thank You

John Michael Frick
John Michael Frick
answered on Mar 6, 2024

Both Texas and Arizona are one-party consent states. As long as you were a party to the conversation, you may use a recording that you made.

2 Answers | Asked in Elder Law and Stockbroker Fraud for California on
Q: California - A financial advisor commits financial abuse, to accomplish is scheme he manipulates to remove protector

he picked an attorney for the senior to remove the CEO of the family business, make libel and slanderous statements that cost him his 20 year marriage, and they steal his interest in the company costing him millions. The advisor gets investigated by FINRA and loses his license. but with attorneys... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 31, 2024

Under California law, the CEO may have several legal avenues to pursue against the financial advisor and the firm. Given the complexity of the situation, including financial abuse, libel, slander, and potential interference with business relations, multiple causes of action could be considered.... View More

View More Answers

1 Answer | Asked in Criminal Law, Antitrust, Land Use & Zoning and Stockbroker Fraud for California on
Q: 221 Section, is current 2024?

If I file a lawsuit for everything, including violent threats, and verbal physicial,

would that be able to be outlined in General Chapter Attorney Liens for 221 Section

The Law is different for everyone, everyone doesnt fall under the same law.

For reference, I exercise... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 13, 2024

Under California law, filing a lawsuit that includes claims for violent threats and verbal or physical harm can be complex, especially when considering the specific provisions of Section 221 under the General Chapter Attorney Liens. It's important to clearly outline each claim in your lawsuit... View More

Q: What forms can I file for situation we’re the suspended broker and private lender have slandered title and retaliated

Complex the have combined law suit that the judge did not approve because it addresses the same property

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Dec 16, 2023

In California, if you're dealing with a situation where a suspended broker and a private lender have slandered the title and retaliated, there are several legal forms and actions you might consider. Firstly, for addressing slander of title, filing a civil lawsuit for defamation might be... View More

Q: I want to charge a subscription for stock tips based on my trading algorithmI am a successful private trader. Legal?

I will not handle anyone else's money for them.

I will provide only the stock tips, and advisement on how best to limit risk, and set goals.

Anyone taking my advice makes their own decisions.

Do I need a license to do this?

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Dec 15, 2023

Providing stock tips and investment advice through a subscription service, even without directly handling others' money, often falls under the regulatory oversight of both federal and state securities laws. In New York, as well as under federal law, individuals or entities providing investment... View More

1 Answer | Asked in Banking, Business Law, Elder Law and Stockbroker Fraud for New York on
Q: My mother is being attacked, financially, by her mother's former broker. What can she do?

He has accused her of fraud, removing her from her bank accounts, attacked her mother's current broker with a false report. She can no longer pay her Bills. Also, he is working with my mother's sister, lying to her about things my mother never said, and using my grandma, who my sister has... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Nov 4, 2023

Your mother should consider retaining an attorney experienced in elder law and financial exploitation cases immediately. This situation may involve complex issues like undue influence and financial abuse. An attorney can help navigate the allegations, work to protect her interests, and potentially... View More

1 Answer | Asked in Banking, Business Law, Securities Law and Stockbroker Fraud for New York on
Q: Brokerage Misconduct - E*TRADE

In May 2022, I invested $8M in a U.S. Treasury note, due in April 2024. I instructed my ETRADE manager to liquidate $5.6M for property buying. Unexpectedly, ETRADE initiated a $5.6M margin loan, leaving part of my investment intact. I discovered this during a routine review, not through direct... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Nov 4, 2023

In situations like this, you may have grounds to file a complaint for brokerage misconduct if E*TRADE acted contrary to your instructions and without your consent. It's essential to review the client-broker agreement and any written communication to determine if E*TRADE deviated from the... View More

1 Answer | Asked in Banking, Civil Litigation, Contracts and Stockbroker Fraud on
Q: 20140279522 is this approved for isr on financial contracts in Australia

Applications

Tim Akpinar
Tim Akpinar
answered on Oct 14, 2023

It might be difficult to get guidance on such a matter here. This forum is geared mainly toward U.S. law and courts. An attorney who practices in Australia should advise. Good luck

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.