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Why Investment Losses Happen and What to Do if You Suspect Fraud

Not every investment loss is a sign of misconduct, and seeing losses may not necessarily mean that you need an attorney. 

Inappropriate Advice from Your Broker or Investment Adviser

Your broker and investment adviser have a duty to recommend investments that are in your best interests for your financial goals and risk tolerance. If you suspect that your broker or investment adviser made a recommendation that was not in your best interests or misrepresented the nature of an investment or its risks, then it is worth having Meyer Wilson review the situation to determine whether those actions constitute misconduct.

An Investment Scam or Ponzi Scheme

If you have become the victim of investment fraud, it could be difficult to track down the facts. In many cases, victims receive false account statements or documents and don’t discover the scam until it’s too late and their cash is gone. And these are only a few of the possibilities. Determining if your investment losses were really caused by investment fraud or misconduct can be tricky, and it often takes a trained eye to spot wrongdoing. Review your investment documents and statements, and be on the lookout for any suspicious activity or things that just don’t seem to add up. If you’re not sure, or if you feel like you need help, speak with a trusted financial professional or investor claims attorney.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

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