My boyfriend wanted to help me invest my portfolio. I gave him access but with stipulations that we were to talk about each position and I would okay them. I also told him I did not want to lose more than 2500$ of the original 10 k we talked about. He was to always put stops or trailing stops to... Read more »
Assuming you only spoke by phone and did not agree to pay a commission, no commission would be owed. He may seek to recover under an equitable theory, if he produced a lessee to whom you leased, but it is unlikely he could recover.
This is a situation where you should indeed speak with a lawyer in Salt Lake City, or wherever you are located. A few things, however, are not clear about your situation: firstly, when you state "public stock," do you mean you purchased shares of a publicly traded corporation? Also,...Read more »
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