There is a level of trust between an investor-client and his or her broker. In addition, brokers have the duty to operate in good faith, which includes executing orders made by the client. When he or she fails to do so, it could be considered stockbroker misconduct. If your broker did not buy or sell a specific security after you provided instructions to do so, you may be able to recover your financial loss. This type of claim is typically referred to as “failure to execute.”
A failure to execute claim could include any of the following:
If you requested an order be placed on your behalf and your broker failed to timely execute that order, you may be eligible to recover any losses associated with the failure to execute. Brokers and advisors have a duty to operate in good faith.
Broker misconduct cases, such as these ones, are almost always handled in securities arbitration before the Financial Industry Regulatory Authority. During the arbitration hearing, your attorney team will be able to present evidence that your broker failed to execute your order and you lost money as a result. The arbitration panel will then decide if you will be able to recover damages.
With over 50 years of combined legal experience, and having successfully represented over 800 individual and institutional investors, the securities arbitration lawyers at Meyer Wilson have the expertise, experience, and resources necessary to review, investigate and aggressively pursue your investor claim for failure to execute. We have won hundreds of millions of dollars in losses for clients nationwide. For assistance with your investment misconduct claim, call us today!