Financial Advisor Fraud
State and federal law makes it illegal for a stockbroker to make untrue statements (or to omit needed information) when selling you an investment. This means, for example, that a broker cannot tell you all of the “positives” of an investment without also fully disclosing its potential “negatives”. A stockbroker thus cannot lie about the risks of a stock (or strategy) nor neglect to give you the whole story as to an investment's fees, features and risks. Securities fraud, however, encompasses more than just misrepresentations or omissions of fact. It also includes:
If you have lost money because of the investment fraud of your stockbroker, brokerage firm or investment advisor, we would like to help.
Contact The Prosser Law Firm for a free, informative consultation at 901-820-4433.