In order to pursue a securities fraud claim against a stockbroker who has potentially misrepresented an investment or failed to disclose information about the investment, you will probably need to show that:
- You lost money on the investment due to the misrepresentation or omission.
- The broker misrepresented the security or omitted information about it.
- You relied on the advice of your broker, advisor, or financial planner.
Although these items may seem clear-cut to you, if you go it alone you will likely find it difficult to prove when you go up against the brokerage firm's experienced legal team during FINRA arbitration. You will need to have a carefully prepared case and a deep knowledge of arbitration proceedings to get the best outcome.
If you have any questions about FINRA arbitration, misrepresentation, or omissions, speak with one of our respected securities fraud attorneys today. We have represented victims of securities and investment fraud all over the nation, and we have helped our clients recover millions of dollars in losses. If you'd like more information about how to protect yourself from investment scams and unscrupulous brokers, call us today.
Watch our helpful video to learn more about misrepresentations and omissions.