Stock broker fraud hurts investors. Everyone has dreams of striking it rich but stock broker malpractice and stock broker fraud is all too common today. Stock brokers from reputable brand name brokerage firms are just as guilty as independent joes and janes who broker stock from thinly veiled schemes.
And if you think you cannot fight back and collect your losses, think again. Yes, you can sue your stock broker. Obviously, you’re not alone and not the only person who has ever been dealt a bad hand of stock broker fraud. Let’s talk. Contact our broker fraud attorneys for your free broker misconduct consultation.
Here are a few broker fraud alert scams.
On your voicemail, someone (usually a perky female) leaves a very convincing message about buying a hot stock. Don’t be gullible and think it’s real and a wrong number. You are the direct target and they’re relying on you to invest heavily to drive up the price of the stock that they already own which they will sell as soon as all the gullible people like you buy the stock.
The same type of message can be sent to your email cleverly (but falsely) mistaking you for a friend but giving you the same hot tips. Lastly, you might get this on a fax transmission saying they couldn’t find your phone number and act like your best friend with a hot tip to buy, buy, and buy. Bye.
This is stock broker fraud to the highest power. So many hard working, innocent, and gullible people fall for this kind of broker fraud. If you’re nodding your head, perhaps you have too. Contact our broker fraud attorneys for your free broker misconduct consultation.