How do you know when you need a stock fraud lawyer?

If you have been the victim of broker misconduct, you may be wondering if you need a stock fraud lawyer. Here are just a few things that indicate that you need to obtain the services of an experienced stock fraud lawyer:

1. Your broker was involved in bond fraud & misconduct. If your broker did not make you aware of any of the inherent risks associated with investing in the bonds, you will need to engage the services of a professional stock fraud attorney.
2. Your broker engaged in stock churning. Churning is the process in which your accounts are excessively traded in order to drive the prices up. If this is what your broker has done, you will need to engage the services of a professional stock fraud attorney.
3. Your broker failed to diversify your portfolio. While your investment needs are certainly different from the next investor’s needs, it is the responsibility of your broker to recommend that your portfolio be as diverse as possible. If your broker failed to diversify your portfolio — especially if he failed to recommend it to you — you will need to engage the services of a professional stock fraud attorney.
4. Finally, but no less importantly, if your broker engaged in any form of unauthorized trading, you will need to engage the services of a professional stock fraud attorney.

Savage Villoch, PLLC offers experienced and highly qualified legal services to individuals, business owners, stock market investors, stockbrokers, and brokerage firms. Located in Tampa, Florida, we have a regional, national, and global practice with a focus on bankruptcy, business, and securities issues. Contact us today if you need to engage the services of a professional stock fraud attorney.