Securities Fraud Lawyers Blog
Most people rely on a financial planner for advice on how to invest their savings. They place their trust and their future in the hands of people they believe are experts. It’s assumed that the financial planner will look at the age, income, savings amount, financial needs, and individual goals of their client to determine the best possible investment strategy with a favorable outlook for the client. Unfortunately, this is not always the case. A Florida stock market fraud attorney explains what constitutes stockbroker fraud and your legal rights.
Stockbrokers and financial planners are legally bound to exercise due care in dealing with their clients investments. If a broker fails to uphold that duty, the broker may be charged with professional negligence and stock fraud.
Some examples of fraudulent stock practices include: