Get free answers to your Stockbroker Fraud legal questions from lawyers in your area.
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..
Is it legal for a brokerage firm to decide they no longer want to manage my account and sell my securities without my permission. They refused to transfer them to another firm.
answered on Sep 22, 2022
Yes, it is legal for a brokerage firm to decide that they no longer want your business.
No, it is not legal for the brokerage firm to liquidate your securities unless they have a good reason.
For any more help you will have to retain a lawyer. Search for one using Justia.
I'm a citizen of Florida. A Brazilian company I was a partner in was stolen by forging my signature when I was out of the country. That company is now trading on the NYSE (with my forged signature). I sued and won in Brazilian Arbitration Court under UNCITRAL treaty. The judgment was to... View More
answered on Aug 4, 2022
There are a few distinct issues involved in your inquiry: the recognition of a Brazilian Arbitration Award and the attachment of US Company assets. (In order to answer, I will of course assume all the facts you stated are true unless they are contradictory.)
Even before reaching the... View More
Can I make membership based content (for instance on www.pateron.com) and share my stock market trading signals that I use to buy/sell with disclaimer that I am not investment/financial advisor, will I be under the risk of penalty?
answered on May 26, 2020
The area of law you are flirting with is fraught with great danger; those who do not retain an experienced lawyer BEFORE stepping into the line of fire very often greatly regret doing so. Advising the public on how to buy and sell securities is the job that licensed stock brokers and brokerage... View More
The amount stated that I can rollover on the day i finalized my request did not match the amount on the rollover check given. It was 2k less.
answered on Mar 23, 2020
If you withdrew money too early they probably withheld taxes.
I'm in the process of a divorce, and I disagree with spouses financial affidavit. Here are a few reasons why:
I have discovered that my spouse forged my signature to open an investment account in my name and then cashed out and I don't know where the money went. Is this something... View More
answered on Mar 16, 2020
Hi, I agree: this is definitely shady and wrong.
Your spouse is not permitted to sign your name unless you signed a power of attorney document giving him the explicit authority to do so. Thus, if your spouse forged your signature, most fact finders would determine that that is fraud.... View More
I had $1000 dollars in my bank account, I moved all of it into a investing website, but I accidentally did it twice, and now I'm in the hole for $1000, but I've already invested all the money. I know I can pay it back and the overdraft fees back by the end of the month, am I able to do... View More
answered on Mar 3, 2020
Its not illegal. You have only a certain amount of time to replace the money. You pay it back as soon as humanly possible whether its against the law or not because the overdraft amount is not your money
Specifically, How long does creditor have to sell vehicle and time-frame of sale results to debtor, as well as notifying credit bureaus of debt balance changes? If dealer keeps and resells the car on credit for more than what was owed what happens? Thank you
answered on Oct 17, 2019
Without the benefit of seeing all the underlying sale documents and financing documents, or discussing all the relevant facts with you, I can only tell you-- generally--that once an automobile has lawfully been repossessed by the creditor the debtor's "rights" in the car have been... View More
If illegal/egregious actions by stepmother/POA/PR were recently learned of by daughter beneficiaries, and estate admin was closed August, 2018, do we have options to sue or recover estate assets (money)? (Date of death 5/2017) One of several issues involves fathers long-time advisor. Investment... View More
answered on Oct 10, 2019
At this point you should probably see an attorney who specializes in securities fraud to ascertain whether you have an action against the investment firm for changing type of account without proper authority.
Other issue is whether there was fraud on the court as far as the probate... View More
since the stock was halted on April 2017 and delisted from Nasdaq and never relisted on OTC. My broker at first said they wouldn’t charge short interest fees since the stock is halted.
But then they suddenly start charging “Stock Borrow Fee” ranging from $500-$700 every month since... View More
answered on Sep 13, 2019
There are some critical facts missing from your facts: (1) Why are you asking for advice in mid-September 2019 about events that you say occurred in May 2017? There must be more than you are telling us.
(2) EXACTLY when did you short the security?
(3) EXACTLY when was the end date... View More
them to start a class action?
answered on Dec 12, 2018
You obtain the assistance of a lawyer to review the claims and he or she will assist in this regard if there is a claim to be brought. I would not worry about a class let’s start with what happened to you and whether there is a chance for recovery or a claim against the broker at issue. If... View More
Appraisal was completed and closings docs signed . The title company provided closing date . Closed two days prior to buyers closing . Day after sellers pre close paperwork was signed , the appraisal was flagged contract expired before lender could provide explanation. 12 hours later , lender... View More
answered on Mar 19, 2018
Short answer is likely not, but you need to get off line and into an attorneys office in your area asap. There is just no way to say what should be done via this online forum and without reviewing all of the closing paperwork ect.
Good luck,
My shipment hasn't arrived and now find out the carrier the broker hired had no insurance. Also in terms of agreement any court proceedings were to be handled under Florida law. I'm in Montana. Any suggestions please thank you
answered on Feb 8, 2018
Absolutely no way to say for sure without first reviewing the documents. If the contract is governed by Florida Law, then you need to consult with a Florida attorney.
Good luck,
The buyer was in breach and did not secure their loan, apply and get approval from the HOA, but the escrow agent holding the deposit is stating the buyer must agree to releasing the funds.
Hollywood, FL
answered on Jan 11, 2018
No way to say without first reviewing the contract documents. The refund of EMD can be a tricky topic that depends upon a variety of facts. Consult with a real estate attorney in the Hollywood, FL area.
answered on Sep 16, 2017
Your question does not provide enough information to give you a proper answer. If you are saying that you paid a deposit and now the landlord is not returning your calls, I would try to stop payment on the check. If that's not an option, I would write a letter requesting your deposit back... View More
to accept my offer? There is no mention of bidding or accepting the highest offer in the brokers add.
5 hours later and no answer! Isn't there even 1 lawyer that knows the answer to my question?
answered on Aug 22, 2017
Absolutely no obligation. Multiple offers is a very common situation and they may have already had other full asking price offers. Or there may already be an offer over asking and your offer, or broker is giving everyone a best and final offer chance. And an ad is not a binding contract either.... View More
I paid in full 12/15/2016 for unrestricted stocks. Then he and I had a dispute not related to the stock. The person I bought the stocks from took his time on getting me my stock and when I did receive the stocks they were restricted. I then had to pay his lawyer $250 to get a opinion letter... View More
answered on Jul 22, 2017
You need the services of an attorney who works for you, not the other party. I don't know why you were required to pay the other party's attorney, but it may be something in the contract. Your attorney can review the whole matter and advise you.
I hired a mortgage broker to help me purchase my home in Florida.
I disclosed all liabilities via e-mail. This included a screenshot of my student loans , which totaled roughly 90k.
We have been in the house now for a few months and have been notified, by the broker, that our loan... View More
answered on Sep 22, 2016
Maybe, maybe not. It was equally your duty to review your own documents for errors; as you admit you did and found the error but said nothing. The law equally puts the duty to read contract on you as one of the signing parties. This is surely a mess and you will need to retain an attorney.
With a brokers help they wrote a lease agreement for a tenant of mine. but now i find out i signed a paper that says for any renewals or extensions i have to pay 5% of the yearly total to the broker who got me the tenant. its been 3 years ago and i have not renewed since then. i want to renew with... View More
answered on Aug 4, 2015
You asked this nearly two years ago. Has the problem been resolved by now?
answered on Jul 25, 2013
If the person is an attorney, yes. If not licensed as a real estate broker or agent, no.
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