" In matters of truth and justice, there is no difference between large and small problems, for issues concerning the treatment of people are all the same." - Albert Einstein

Broker Misconduct

A financial advisor or a securities broker is an important cog in the wheel of investment. He/She must have the highest degree of integrity. The recommendations of an advisor must be factual and not arbitrary and free from any personal gains or greed. He/She must be honest and transparent about the returns, risks and other factors currently prevailing in the financial market.

Any unlawful act by the advisor or broker deceiving the investors into wrong investments or trading is a very serious crime. There are advisors who on the pretext of insider information tempt investors into entering a trade by promising quick returns. And in the process intentionally hides or misrepresents the facts and does not highlight the risks involved. A naive investor may fall prey to the false promises of the advisor/broker and lose money causing financial and mental trauma.

For many years now, we have represented a lot of individual investors against the brokers or advisors in the Fіnаnсіаl Industry Regulatory Authоrіtу (FINRA) and have helped in the recovery of their lost money. We have a healthy success rate in such litigations and our records speak for itself.

It is not only our expertise on the legal system but also our experience in dealing with various broker-dealers and brokerages that helps us win cases.

Cases that we have represented our clients in FINRA and other dispute resolution forums include, but not restricted to:

  • Unauthorized trading
  • Misrepresentation or hiding of facts
  • False promises on higher returns on investment
  • False promises on quicker returns
  • Non-disclosure of risks and other market factors
  • Manipulation of financial markets
  • Recommending non-suitable products thereby the advisor earning commissions
  • Data theft
  • Neglect to limit losses to securities
  • Excessive use of margins for Futures & Options play
  • Losses incurred due to the technical glitch in the broker’s infrastructure like apps and websites