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Client Reviews
- "The law firm of Meyer Wilson represented me in a suit brought last year against my brokerage firm, securing a very fair and equitable settlement for me. I was impressed with the professional manner in which they handled our relationship and kept me aware of developments in the case. I highly recommend them." R.G., M.D., Cincinnati, Ohio.
- "I had spoken to a local attorney about my investment losses and he didn't know how to help me, so he referred me to David Meyer. David and his staff were not only professional, but they were also really congenial and pleasant to speak with. ..."S.T., Canton, Ohio
- "I was referred to Meyer Wilson to file an arbitration claim against my former brokerage firm. Mr. Meyer and his associates and staff were great to work with. They explained everything to me, walked me through each stage of the arbitration, worked hard to prepare my case, and I am very happy with the outcome." L.B., Tennessee
Library
Investor Articles
- Equity Index Annuities: Good for the Broker; Not so Good for the Client
- The Truth About Financial Designations Revealed
- Understand the Type of Annuity You Are Purchasing
- Smart Tips for Hiring a Financial Advisor
- Investments in Limited Partnerships Can Be Complex & Risky
- Options for Investors Stuck in the Still-Frozen Auction Rate Securities Market
Recent Blog Posts 
- Elderly Victim Speaks Out after Alleged Ponzi Scheme2/2/2012
- Bank Owes Financial Fraud Victims after Rothstein Ponzi Scheme1/28/2012
- Connecticut Man Pleads Guilty to 1 point 9 Million Dollar Investment Fraud Scheme1/30/2012
- Operation Broken Trust Leads to 52-Month Sentence for Michigan Woman in One Million dollar Ponzi Scheme Case1/30/2012
- Retired NBA All-Star Loses Nearly $86M in Alleged Investment Fraud1/27/2012
- Illinois Man Sentenced to More Than 5 Years in Prison for $9 Million Dollar Ponzi Scheme1/25/2012
Breach of Fiduciary Duty
Breach of fiduciary duty is one of the most common investor claims against stockbrokers and brokerage firms. Regarding their brokers as experts in the area of investments and money management, many investors rely entirely on the advice and recommendations of their brokers. Recognizing the profound level of trust this places in the broker, the courts have determined that brokers hold particular legal duties toward their clients.Brokers and brokerage firms always have a duty to deal in good faith with their investor clients. Many jurisdictions also hold that brokers owe their securities customers a heightened duty known as a "fiduciary duty." A broker's fiduciary duty to an investor may include: the duty to place the client's interests ahead of the broker's or the brokerage firm's interests, the duty to monitor the changing markets for impact on the client's interest, the duty to act responsibly and with due care in serving the client's interests, the duty to advise the client on the potential benefits and risks involved with broker recommendations/actions, and the duty to keep the client abreast of all transactions that affect the client's interests.
If these duties are not met, both brokers and their firms can be held responsible for abusing the investor's trust and confidence and breaching their fiduciary duties.
To ensure your claim for breach of fiduciary duty is handled effectively, you need the assistance of a law firm nationally recognized for its professional excellence. With over fifty years of combined legal experience, and having successfully represented over 800 individual and institutional investors, the securities arbitration lawyers at Meyer Wilson have the expertise, experience and resources necessary to review, investigate and aggressively pursue your breach of fiduciary duty claim.
We have won hundreds of millions of dollars in losses for clients nationwide, including in cities such as Los Angeles, San Francisco, Columbus, Cincinnati, New York, Seattle, Boston and Tampa. For assistance with your stockbroker misconduct claim, call us toll-free at 1.866.827.6537 or complete our online form for a free case evaluation.
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Quick Facts
- Our six lawyer firm is devoted solely to investor claims and class actions.
- Every securities arbitration/litigation client that hires our firm is assigned two lawyers to their case.
- Our lawyers have over 50 years of collective legal experience.
- Mr. Meyer won the largest jury verdict ever in the state of Ohio - $260 million verdict against Prudential Securities.
- The firm employs a full time investigator on staff.