Bad investments: Victim of unethical broker?

Have you lost your life savings from bad investments?

Consider contacting an investment securities fraud lawyer for bad investment legal help.

If your funds are properly invested, large stock market losses should only be rare occurrences. Unfortunately, that’s not always the case. Cons fraud investment securities is often the direct result of a financial advisor or broker negligence and/or dishonesty.

Do You Have a Bad investments Lawsuit? »

How can unsuitable investment advice happen?

Unfortunately, the brokerage business is more about sales than investments. And sales depend on volume. Most brokers simply push the investments that are recommended by their given firm's research department. Worse -- that firm has a circumspect relationship with the investment's provider which has their own sales incentives. These so-called relationships enrich the brokerage firm first and you second. When this involves your life savings – it’s frightening.

NASD rules prohibit brokers from recommending investments that are unsuitable considering the customer's age, financial situation, investment objective, and experience. If you’re a retiree, you have some of the strongest suitability cases simply because you usually have an irreplaceable pool of money and can't afford to wait for the market to bounce back.

Securities attorneys at Anapol Schwartz have reviewed hundreds and hundreds of investment accounts where stock market losses have been sustained. Anapol Schwartz is aggressively pursuing recovery for our clients. Many of these cases have been filed against the largest brokerage firms, including Salomon Smith Barney-CitiBank, Merrill Lynch, Morgan Stanley Dean Whittier, UBS Paine Webber, Prudential, Legg Mason, PNC Bank, Edward Jones, and American Express Financial Services.

Contact Our NASD Broker Negligence & Fraud Case Lawyers Today »

If you are the victim of lost life savings, consider contacting an investment securities fraud lawyer about an arbitration. Anapol Schwartz offers free legal consultations and if you decide to retain us and we decide to be retained, we take your case on a contingency fee basis. That means if you don’t get results, we don’t get paid. 

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