Get free answers to your Stockbroker Fraud legal questions from lawyers in your area.
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I hired a personal advisor who arranged to house my money at Schwab. Initially, communication was good, but once the money started transferring, the advisor stopped communicating. I attempted to contact her several times without any assistance. Although we haven't lost any money, $1,350 was... View More 
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answered on Apr 16, 2025
Based on your description, there may be concerns involving both financial mismanagement and potential misrepresentation. Since you’ve noticed unauthorized deductions and changes in advisor information, it would be wise to have a qualified attorney review any agreements or account documents you... View More
I am a registered stock broker with the SEC, working for a firm that regulates outside business activities (OBAs). I want to create a recreational, non-monetized YouTube channel focused on commodities trading for entertainment purposes. My firm doesn't offer the securities I'll discuss,... View More
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answered on Apr 8, 2025
Yes, you can start a non-monetized YouTube channel anonymously, but there are a few important things to think about. Even if the channel is for entertainment and doesn't bring in income, it might still be considered an Outside Business Activity (OBA) by your firm. Since you’re a registered... View More
I was contacted by a brokerage firm named Stockyard Holdings Group by phone, asking if I would waive my shares of my timeshare. They want me to sign a certificate of dividends or waive my right to shares, stating that I would lose over $600 per share. Is this a scam, and what should I do to verify... View More
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answered on Apr 12, 2025
It’s good that you’re being cautious about this offer. Contacting you about waiving your timeshare shares, especially with an unusual offer like signing a certificate of dividends or losing a certain amount per share, is definitely a red flag. Scams often use pressure tactics like this to trick... View More
In 2004, my stock holdings of Kankakee Federal Savings and Loan in Kankakee, Illinois, underwent a reverse stock split, reducing my shares from 2400 to 80. However, the total monetary value did not remain the same. Since Kankakee Federal was sold to Centrue, I haven't received an explanation... View More
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answered on Mar 21, 2025
You experienced a reverse stock split where your share count was reduced drastically, but the expected monetary equivalence did not follow through. This outcome can occur when the split conversion ratio, fees, or other adjustments are not clearly aligned with your initial investment value.... View More
I invested in stocks and paid fees as required, but I have not received my return payment through bitcoin. It's been a while, and now they want me to pay more to cash out, without providing a valid reason. I haven't signed any contracts mentioning additional fees. What should I do in this situation?
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answered on Mar 21, 2025
Your investment situation sounds very troubling, and you need to protect yourself. It appears you are being asked for additional fees without a clear explanation and without any contract mentioning such charges. You should review all your documents and communications to confirm the terms you agreed... View More
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answered on Feb 19, 2025
I understand your concern about accessing your pension's lump sum, and this situation must be frustrating for you. Whether this is legal depends on several key factors, including the specific terms of your pension plan and applicable state and federal regulations.
Under the Employee... View More
Is something can done. As because of those action i got fund lost.
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answered on Feb 19, 2025
I understand you're dealing with a very distressing situation involving lost funds and high-pressure investment tactics. This sounds like a potential investment scam, which unfortunately targets many people through promises of unrealistic returns.
Your best immediate step is to... View More
I have provided them with all their required info and as of today no luck. They initially told me on line that theyb would get back with me on 10 Jan 2025 and now that date is now 13 Jan 2025.
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answered on Jan 10, 2025
First, I understand how frustrating and concerning it can be when your trading account gets restricted, especially during the holiday period. Account restrictions can impact your ability to manage your investments and potentially affect your financial plans.
You have several options to... View More
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answered on Jan 11, 2025
If you've been scammed, your first step should be documenting everything - take screenshots of all interactions on Facebook and WhatsApp, save chat logs, and record any transaction details or financial records related to the incident.
Next, report the scam to your local police... View More
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answered on Dec 26, 2024
Your situation with the stock broker being acquired sounds concerning. It's crucial to maintain access to your investments and account information during ownership transitions.
The first step is to contact your broker's previous office directly to confirm the acquisition and get... View More
I am dealing with potential forgery, fraud, and mismanagement of a Trust established for myself in which I am categorized under a ‘Special Needs Trust’ that does not reflect my circumstances. There's discrepancies; absence of my signature, false info, multiple drafts, fraud and complete... View More
answered on Nov 15, 2024
Few lawyers want to take on a client who has already met with a number of lawyers, all of whom passed on the case. Lawyers would likely assume all of the attorneys who reviewed the case saw something they didn’t like, so why would my review of it be any different? Meeting with a lot of attorneys... View More
I am trying to resolve the matter through customer service of the company but not making progress. The company has offices in Arizona too. I paid fees in 4 digit dollar amount with credit card.
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answered on Nov 14, 2024
Your best immediate action is to dispute these charges with your credit card company since you paid using a credit card - this protection is one of the key benefits of using credit cards for purchases.
For future recovery efforts, you have multiple paths available: You can file complaints... View More
x was part of a Task Force to gather the Banks and Market Makers/Brokerages to pay shareholders back for phantom share and fails to deliver of the stock over a 3 year period. The DOJ Nevada has left our Case Open for 20 Years, we Bonifde 20,000 plus shareholders have not received any payment from... View More
answered on Oct 23, 2024
Start by contacting the Nevada Department of Justice to find out if the investigation is still active..
I started working for a company about 3 weeks ago it started off as $100 a day. Then it slowly started increasing to $500, 5000 80000 and the last amount I wired was yesterday for $17000
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answered on Sep 5, 2024
It's important that you take immediate steps to protect yourself and your finances. If you believe you have been a victim of fraud, consider contacting your bank or financial institution to report the unauthorized transactions and see if any of the funds can be recovered. They can also advise... View More
Is there any oversight on attorneys who file false cases purely for financial gain? I recently learned about an attorney who has filed numerous wrongful foreclosure cases in two counties within months after a trustee sale.
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answered on Aug 26, 2024
Yes, there is oversight for attorneys who file false cases purely for financial gain. In California, the State Bar of California regulates attorney conduct and can investigate complaints related to unethical behavior, including filing frivolous lawsuits. Attorneys who engage in unethical practices... View More
answered on Aug 19, 2024
Our firm does handle this type of claim both with respect to cryptocurrency and NFT in investment scams. While there are legitimate investment opportunities, scammers can and have taken advantage of individuals who do not understand them.
That being said, these are high risk investments.... View More
My mom has several accounts with an investment firm that she has had for over 25 years. She withdraws money as needed without any issue. However, the last time she made a request for a withdrawal, she was told her funds were frozen and after speaking with her broker, was told that she would need to... View More
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answered on Sep 2, 2024
I am unable to adequately evaluate this situation based on the facts provided, however the facts do suggest that the situation warrants further investigation. If you would like a no charge evaluation of your potential case please contact Nan Thompson at my office.
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
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answered on Jul 27, 2024
You can file a general proof of claim form in a Chapter 11 bankruptcy case if you have suffered losses due to fraud or misleading actions related to Terraform Labs and the UST Terra stable coin. This form allows you to state the amount of your claim and the nature of your loss. Filing this form is... View More
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
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answered on Jul 30, 2024
It's distressing to experience online fraud, especially with international trading. Firstly, gather all evidence related to the fraudulent activity, including communications and transaction records. Report the fraud to your local cybercrime authorities in India and also lodge a complaint with... View More
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
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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
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