Its no surprise that most investors are loosing money as the market hits record lows nearly every single day.
However, there may be more at stake than the highs and lows of the market- namely, your broker or management firm may be responsible for your loss.
A broker or management firm has a fiduciary duty, or general responsibility to oversee your portfolio and make trades in a reasonable and responsible manner. If your broker dropped the ball so to speak and failed to supervise your account, you may have rights against the broker for your losses.
The same holds true if you advised your broker or management firm to sell a particular stock and they failed to listen. If you ended up loosing money as a result, your broker may be responsible for such actions.
Sadly, most people are unaware that stock fraud and negligent supervision of funds can cost an entire life savings. They just assume the market was to blame for their loss and move on without giving it a second thought.
Clearly, in the age of corporate greed and mismanagement on Wall Street, this is a dangerous move.
Therefore, if you believe you have been the victim of stock fraud or sheer mismanagement of your account, you should have your portfolio reviewed immediately by a securities fraud attorney.
The portfolio review and consultation are free. There is no charge to the client to investigate your case.
If this sounds like something of interest to you, call (856) 308-5426 or fill out our contact form at the bottom of this page.
Related Information:
Do I have a case for stock fraud or mismanagement?
