Single Mother Wins Investment Misconduct Arbitration

Anapol Schwartz obtains settlement for investor victim defrauded by brokerage firm

PHILADELPHIA--Catherine Humphrey-Bennett, attorney for Anapol Schwartz law firm recently obtained a six-figure settlement in an NASD arbitration case in favor of a single mother with three children who sustained losses to her account due her broker inappropriately churning and over-concentrating her account in technology securities.

Brokers are obligated to carefully evaluate each client's investment goals to provide for adequate portfolio diversification. Concentration of a portfolio in any individual investment dramatically increases the risk of losses within that portfolio. If a broker places the vast majority of a client's total investment holdings in one sector, and this sector declines significantly, the broker may be liable. Since all investors are unique, careful strategies must be used to properly diversify a portfolio. Failure to do so can result in liability when that portfolio sustains significant losses.
Attorneys Catherine Humphrey-Bennett, Joel Feldman, and Adam Green have obtained numerous awards and settlements on behalf of individual investors defrauded by their brokerage firms.*

Have you suffered losses in the stock market? Anapol Schwartz can assist in evaluating your case. Please contact us for a complimentary legal consultation or call us toll-free at (866) 735-2792.

*Awards and settlements cannot be guaranteed in every case. The information found in this document should not be construed as legal advice and is not a substitute for professional legal consultation.

SOURCE: Anapol Schwartz, Weiss, Cohan, Feldman and Smalley, P.C.
CONTACT: Anapol Schwartz, Joel Feldman, 215-735-3716
About Anapol Schwartz P.C.