One of the Worst Things You Can Do When You Suspect Broker Fraud Investor Claims Is What We Do - All Day, Every Day
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One of the Worst Things You Can Do When You Suspect Broker Fraud

For whatever reason, you have reached the point where you suspect broker fraud. It could be that your broker made a transaction without your permission or recommended unsuitable investments. No matter what has led you to this place, it is imperative that you understand that there are certain actions you need to avoid.

What you should not do when you believe you are the victim of broker misconduct...

  • Send your broker a letter. It may seem logical that you would simply write your broker or brokerage firm a letter stating your concerns, but that is one of the worst actions you can take. A written letter could actually hurt your case, instead of helping it. The defense lawyers for the brokerage firm might use your letter during the arbitration hearing to discredit your claim. If you are considering writing a complaint letter, we strongly urge you to contact a broker fraud attorney first. This warning also applies to emails.

  • Work with your broker after you suspect something is wrong. If you continue to work with your broker, it can weaken your claim. Once you have reason to believe your broker caused you to lose money, stop working with him or her and contact a lawyer.

  • Agree to a recorded conversation with your broker. Your broker will be prepped on what he or she should say during the call. If you agree to a recorded discussion with your broker, you could make a statement that negatively affects your case.

What you should do when you suspect stockbroker fraud...

  • Contact a securities arbitration attorney. Broker misconduct cases are typically handled in mandatory securities arbitration. The brokerage firm will employ the help of sophisticated defense lawyers who will dispute your claim. It is important to hire your own lawyer.

  • Order a copy of our FREE consumer book. Broker fraud attorney David Meyer has written an informative book that contains valuable information regarding investor claims.

The Meyer Wilson Way

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  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America® for Ten Years Running
  • David Meyer is President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
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We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million
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