I feel that the brokerage firm was not adequately supervising my broker
and that is why I lost money on my investments. What should I do?
When a broker is negligent or acts in an unlawful manner, the brokerage
firm could be held liable for your financial losses. Brokerage firms must
supervise their brokers to ensure compliance with the rules of the securities
industry. In addition, brokerage firms are required to properly train
brokers and to make certain that they have the appropriate licenses. A
failure to supervise claim is nearly always handled in arbitration before the Financial Industry
Regulatory Industry (FINRA).
Keep in mind that not every law firm has the experience and knowledge to
handle this type of broker misconduct claim. The broker misconduct attorneys
at Meyer Wilson represent clients in arbitration, litigation, mediation
and class action lawsuits. Our lawyers are licensed in Ohio, California,
and Michigan, and we represent investors nationwide in securities arbitration
and litigation claims. For a free case evaluation, contact us by
filling out our online form.