What Are Common Securities Disputes?
Securities disputes often arise after significant stock market losses. As an investor, you may believe your losses are due to fraud or mismanagement. An investment loss may create a legal action if your stockbroker or other financial service provider breached its fiduciary duty or violated a regulation or law.
Osborne & Francis has years of experience handling securities litigation. Common securities disputes may involve:
- Securities fraud
- Hedge fund fraud
- Breach of fiduciary duty
- Misrepresentation/Omission of facts
- Misleading investment illustrations
- Inappropriate margin trading
- Equity indexed annuities misconduct
- Variable annuities misconduct
- Inappropriate structured product
- Inappropriate variable life insurance products
- Inappropriate volatility-linked exchange-traded products
- Unsuitable investments
- Shareholder derivative cases
- Deal cases/Merger and acquisitions
- Securities class actions
- Opt-out cases in class actions
- Outside investment manager/Sub-advisers
Can I Sue My Stock Broker?
The ability to sue your stockbroker depends on whether they violated their fiduciary duty. A stockbroker can’t guarantee you’ll profit from your investments. But all financial services firms and professionals owe their investors a duty of care and loyalty, which means they must act in your best interest — not their own.
Your broker must:
- Learn about an investment before recommending it to you;
- Make sure every recommendation is appropriate for your portfolio and risk profile;
- Inform you of the risks of buying or selling a security;
- Disclose any conflict of interest they have;
- Not misrepresent any facts that you’d find important to making a financial decision; and
- Not buy or sell a security without your express permission.
If you suffered significant investment losses and believe your broker, firm, or business didn’t handle something properly, talk with our securities litigation attorneys right away. We’ll investigate the circumstances surrounding your loss and explain your legal options.
We’ll also investigate who’s to blame for your losses, such as a:
- Broker-dealer’s representative
- Brokerage firm
- Corporate officer
We may find a financial professional lied to you to induce you into specific investments. For instance, your broker might have recommended inappropriate investments that made them considerable profit. Or, corporate officers may have mismanaged a company, costing you and other shareholders tremendous value. We’ll be candid about what we find and whether it appears to give rise to a legal claim.
What Damages Are Available in a Securities Lawsuit?
At Osborne & Francis, we are highly experienced in securities disputes. We work tirelessly until we recover fair compensation for our clients.
You may receive compensation for the losses you suffered due to the fraud or inappropriately handled investments. Figuring out how much your claim is worth often involves hiring a financial expert, though it depends on the complexity of your case. The expert reviews your documents, tracks your investments, and calculates your losses based on a particular theory or formula.