Columbus Stockholder Fraud Lawyers
Stock Churning Lawsuit Attorneys
When you trust a stockbroker to handle your investments, you expect that broker to act as a reasonable broker would under similar circumstances. When you lose money because of broker malpractice, you may be entitled to compensation for your losses. The standards for stockbrokers and other investment advisors are well defined by the NASD, NYSE, and other regulatory organizations.
At the Lamkin, Van Eman, Trimble, Beals & Dougherty law firm, our stockbroker fraud lawyers understand the standards and the law. We are prepared to investigate the circumstances and protect your interests.
Stockbroker Malpractice Lawyer
Representing Injured People for 40 Years
Free Consultation • 614.224.8187
Stockbroker liability can be based on either negligent or intentional acts. If a broker has taken advantage of you and caused you to lose money, our broker liability law firm can help by filing a lawsuit against the broker and the brokerage firm.
- Unsuitable recommendations: Your broker’s advice should take into consideration your risk tolerance, objectives, and financial resources.
- Churning or excessive trading: Your broker should not make excessive trades – a tactic that harms you and creates additional commissions.
- Unauthorized transactions: Your broker cannot – even with a power of attorney – make trades that are inconsistent with your directives.
- Rumors, false and misleading statements: A broker cannot mislead you about an investment.
- Insider trading and front running: Recommending stocks based on the broker’s interests or on insider knowledge is prohibited by established broker standards.
- Switching mutual funds: Brokers should not switch funds for the purpose of increasing commissions.
- Breach of fiduciary duty: The broker must manage your account according to your objectives, keeping you informed, and being mindful of your risk tolerance and financial resources.
- Selling away: Your broker should not sell you products that are not offered by the brokerage firm.
- Mis-marking order tickets, confirmations: By improperly marking tickets, the broker may be avoiding unwanted scrutiny into trades.
The Lamkin, Van Eman, Trimble, Beals & Dougherty law firm has a forty-year tradition of representing individuals harmed by the misconduct of stock brokers and financial advisors in Columbus, Ohio, and surrounding communities including Delaware, Springfield, Lancaster, Washington Court House, Mount Vernon, Newark, Bellefontaine, London, Marion, Dayton, Zanesville, New Lexington, Circleville, Mansfield, and Chillicothe.
Free consultation. No legal fees unless we recover compensation for you.
