Get free answers to your Stockbroker Fraud legal questions from lawyers in your area.
current investments, and tax status. Why does he need to know all of this?
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answered on Sep 23, 2016
He's making sure that the investments you choose are suitable. Broker's can be sued for things such as churning, excessive trading, lack of diversity in a portfolio, or putting people into unsuitable investments based on things like their age. For instance, a 90 year old that needs to... View More 
I feel like he blew it and I lost all the money - do I have any options to sue him?
answered on Jan 24, 2017
It depends on whether he's licensed and also the terms of your agreement. The best first step is an Initial Consultation with an Attorney. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website. I practice law in... View More
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answered on Sep 8, 2016
A broker and a trader are different types of positions. Go to the FINRA website to see the requirements for your position. If you are just trading your own money the answer is no obviously.
If the investments haven't done well can I do anything?
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answered on Aug 25, 2016
Need to know more, but what you've written is not enough to levy fraud charges.
He convinced me he could help with my investments. If the investments haven't done well can I do anything?
answered on Jan 26, 2017
Investments are typically risky and typically come with no warranties. Check your contract. The best first step is an Initial Consultation with an Attorney. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website. I... View More
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answered on Aug 12, 2016
Depends on whether he actually guaranteed returns... If he couched this as speculation then you likely can't do anything unless the investment was clearly unsuitable based on your investor profile.
answered on Jan 27, 2017
I see no reason why not. It's good practice, generally. The best first step is an Initial Consultation with an Attorney. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website. I practice law in CA, NY, MA, and... View More
We signed a lease and paid the landlord and our broker, but the current tenant will not be out by our lease date and the landlord is discarding our lease and returning our money. However, the broker says he is still entitled to keep his fee because we signed the lease. Is this true?
answered on Jan 30, 2017
Check your contract with the broker. The best first step is an Initial Consultation with an Attorney. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website. I practice law in CA, NY, MA, and DC in the following areas... View More
For years my accountant had me add up all my sales & all my write offs and off that they would determine what I owe for taxes(payroll, sales & federal/state taxes). Because of that the IRS saw a mistake so I was audited for 2 years at once. My accountant then had told me to get quickbooks... View More
answered on Jan 31, 2017
You may consider a malpractice lawsuit, if facts so justify. The best first step is an Initial Consultation with an Attorney. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website. I practice law in CA, NY, MA, and... View More
answered on Sep 4, 2014
If the arbitration agreement mandates a location, that is usually enforced by the courts. But if both sides agree to arbitrate in New York, then it can take place in New York.
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