Securities Litigation Lawyers serving Denver and Colorado
The laws governing sale of securities are explicit, and the penalties for securities fraud can be severe and financially taxing. Stockbroker fraud is any inappropriate or unfair activity on the part of a stockbroker that results in a loss of client assets.
If a broker in your securities firm has been accused of fraudulent activity, or if your company's financial profile was negatively affected by some bad and potentially illegal advice, you need a skilled Denver securities attorney.
Examples of stockbroker fraud include:
- Mis-marking tickets
- Using inside information
- Front running
- Sharing in accounts
- Unauthorized or inappropriate use of margin
- Failure to supervise
- Mutual fund switching
- Breach of fiduciary duty
- Churning (excessive trading)
- Unsuitable recommendations
- Misrepresentation
- Unauthorized trades
Common complaints against brokers
Churning - a broker's excessive trading on a customer's account to generate commission profits.
Unsuitable Recommendations -recommendation of sale or purchases that are inconsistent with a client's desired level of risk (also referred to as "suitability").
Breach of Fiduciary Duty - failure to act in a diligent and faithful manner, resulting in client financial loss.
Fraudulent Use of Statements or Omissions - failure to disclose facts relevant to trading decisions; fraudulent misrepresentation.
Unauthorized Transactions - trading on an account without approval.
Our attorneys will advise you on how best to proceed and how to prepare for binding arbitration. We have studied securities law for years and are well versed on the current statutes governing trading activity.
Information on how to present your case in front of the NASD, NYSE, or ASE can make all the difference in your claim. A thorough investigation of trading activity will require careful analysis of all written documentation and evidence, to prove or disprove a claim of fraud. If illegal stockbroker activity has caused you harm, or if your firm has been wrongly accused of fraud, our securities lawyers will do whatever it takes to help you find an efficient and fair solution.
If you need guidance in the area of business commercial litigation in Colorado, contact the aggressive law team at Zakhem Law. Call or email our office today for a free corporate consultation.
