The securities fraud attorneys at Meyer Wilson have been retained by investors to pursue investment loss claims against Wunderlich Securities, Inc., relating to alleged misconduct by broker Bassam S. Salem (CRD# 1574433).
The allegations against Salem and Wunderlich Securities include failure to supervise, unauthorized trading, unsuitability, and breach of fiduciary duty over multiple accounts and damages in excess of $281,000.
In a previous customer dispute involving Salem, $92,500 was granted in damages after customers alleged that Salem recommended unsuitable stocks and failed to diversify the customers’ accounts to minimize their risk between June 1, 2007 and June 30, 2008.
If you lost money investing with Wunderlich Securities broker and investment adviser Bassam Salem, contact our securities fraud attorneys at Meyer Wilson today. We offer free case consultations to discuss your potential claim, and handle all of our cases on a contingency fee basis, which means that you won’t owe us any fees unless we help you recover your losses.