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Recovering Losses caused by Investment Misconduct

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Baby Boomers Beware of Investment Fraud

As a baby boomer, you are at a place in your life where retirement is on the horizon, if it is not already a reality. Your retirement should be spent doing the activities you enjoy, including spending time with your family, going on vacations and more. For many baby boomers, though, the dreams of how they will spend their golden years are taken away when they become the victims of investment fraud.

Scam Artists Target Baby Boomers

More and more baby boomers are thinking about their nest eggs and how they will get the most from their investments. Scam artists know this fact and prey on the aging population. They have been known to use common investor fears to their advantage. Scammers make promises of high returns on investments that are supposedly low in risk. Unfortunately, it often isn’t until money is lost that you realize that you have been victimized by an investment scam.

Baby Boomers are More Vulnerable to Broker Misconduct

Investment loss doesn’t have to be the result of a scam. Sometimes it is caused by broker misconduct. For example, you could lose money because of any of the following:

  • Investment recommendations were unsuitable
  • There was unauthorized trading in your account
  • Broker breached his or her fiduciary duty to you
  • Investment portfolio had a poor asset allocation
  • Failure to execute an order on your behalf

There have also been cases of investors losing money because of inadequate supervision by the brokerage firm. Take NEXT Financial Group as an illustration. This company’s main clientele consists of retirees and baby boomers. In 2009, NEXT Financial Group was fined $1 million by the Financial Industry Regulatory Authority (FINRA) for failing to properly supervise numerous client accounts and over 100 branch managers.

Protect Yourself

Many of the investor complaints made each year involve investors ages 50 or over. Don’t let yourself become a victim. Be aware of some of the common investment scams and broker fraud claims. You can learn more by reading our articles:


If you have lost money due to broker misconduct or an investment scheme, an experienced investment fraud attorney at the law firm of Meyer Wilson, LPA, may be able to help you. Our experienced team of lawyers has won jury verdicts, arbitration awards and settlements of hundreds of millions of dollars for investors across the United States.

For answers to your questions, contact us by calling toll-free 1.866.827.6537 or filling out our online form. Our firm represents investors nationwide in stockbroker mediation, arbitration and litigation claims.

Be sure to order a FREE copy of attorney David Meyer’s book, Five Signs of Investment Fraud…And What to Do if it's Happened to You. You can learn more by reading the book description below.



Get Your Copy Of This Investment Fraud Report - FREE!

Five Signs of Investment Fraud…And What to Do if it's Happened to You is intended to to expose the ugly truth behind investor fraud and its devastating consequences

Learn how to recognize the key signs of investor fraud and what to do if it's happened to you... BEFORE IT'S TOO LATE.  David P. Meyer is a renowned securities and investment fraud attorney. If you entrusted your investments to a financial professional and are worried that fraud or illegal conduct has occurred, you simply CANNOT take any chances, you NEED to get yourself a copy of this report today.

Click here to get your complimentary copy.


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