Financial Fraud

Information you need to know about Financial & Securities Fraud Cases

Securities Fraud litigation occurs when an investor is victimized by a financial professional such as a stockbroker, brokerage house or financial advisor.  This is a heavily regulated industry because the opportunity for fraud is readily available.  There are a number of laws designed to protect the average investor and provide a mechanism to regain the money that was lost.

Some of the more common practices in the area of Financial & Securities Fraud include:

• unsuitability fraud – recommending investments that do not fit the clients budget or needs.
  
  
• breach of fiduciary duty – when a broker or investment professional  violates their duty of loyalty to disclose everything to the client.
  
  
• misrepresentation – when a broker or investment professional misleads certain facts against the interest of the client
  
  
• failure to supervise – if you have been defrauded by a dishonest broker or professional his employer may be held responsible failing to supervise.
  
  
• churning – when the broker makes multiple unnecessary trades because he or she is paid on the number of transactions that occur.

Time is very important when seeking to file a Securities Fraud lawsuit.  The issue is complicated by the fact that Securities Fraud cases are often complex and involve a tremendous amount of information and financial records.  As soon as you know you have suffered a financial loss, and feel that it was possibly fraud, you should contact Watson Burns for a consultation.

Watson Burns takes Securities Fraud cases on a “contingent fee” basis.  This means that the law firm will advance all expenses and costs and accept a percentage of a successful verdict or settlement as payment.  If your case is not successful then you will not have to pay anything.  This is important because Securities Fraud cases often require expensive expert analysis, research and testimony.

Contact us about your legal matter today!