Investment fraud is a highly nuanced practice area with many complex laws. It takes a special type of lawyer to represent you in a case involving a breach of financial advisor fiduciary duty. An attorney from Meyer Wilson Werning will have the experience, knowledge, and connections to bring a strong claim against a negligent or fraudulent financial advisor on your behalf.
We have spent more than 20 years representing clients in all types of investment fraud lawsuits around the country, including breaches of fiduciary duty. If you recently suffered an economic injury due to this type of financial advisor misconduct in Michigan, contact us to request a free consultation.
Why Choose Meyer Wilson Werning to Represent You?
- We are proud to have cultivated a 99% success rate over the years.
- We have won over $350 million in case results for past investment fraud clients.
- We do not hesitate to take cases to trial in Michigan, if necessary for full compensation.
- We have a goal to return all texts, calls, and emails from clients within 12 hours.
- We have represented over 800 clients in broker/advisor misconduct claims.
- We accept financial advisor fiduciary duty claims on a contingency fee basis.
How Our Attorneys Can Help
Going up against a financial advisor or corporation in Michigan may require assistance from an attorney. Handling your case alone could expose you to unwelcome risks such as accepting a small settlement offer from a firm. Working with a fraud lawyer from Meyer Wilson Werning, on the other hand, can ensure you do not allow the defendant to take advantage of you during the claims process. Your attorney can handle the difficult or complex aspects of your case while fighting for fair compensation for investment misconduct on your behalf. You will have the peace of mind to focus on your personal needs.
What Is an Investment Adviser?
An investment adviser is someone who manages investments and assets on behalf of another party, the investor, and is a fiduciary to the investor. A fiduciary must abide by state and federal regulations in terms of standards of client care. Fiduciary duty refers to an ethical obligation to act within another party’s best interests. A fiduciary financial advisor could still breach a duty of care that ultimately results in economic injury to the client.
Types of Breaches of Fiduciary Duty
Any breach of fiduciary duty by an investment adviser could have significant consequences for an investor. If you trusted your account into the hands of a financial advisor only to suffer substantial economic losses, you may be the victim of advisor misconduct. An investment adviser could breach his or her fiduciary duties in many respects.
- Churning
- Elder financial abuse
- Failure to provide important information
- Misrepresenting facts
- Ponzi schemes
- Theft or unlawful use of funds
- Unauthorized trading
- Unsuitable recommendations
Many different actions could constitute a breach of fiduciary duty if your lawyer can prove that the defendant owed you a duty of care, breached this duty, and in doing so caused your economic injury. If you are unsure whether a recent action by your financial advisor qualifies as a breach of duty, please consult with an attorney for more information. Our lawyers can conduct a review of your potential case for free in Michigan.
Contact a Michigan Attorney
The law firm of Meyer Wilson Werning understands that most investors do not fully understand what a fiduciary is, much less whether a harmful breach of duty has occurred. We wish to help investors understand their rights and know when an advisor has wronged them. If you believe you may have a case for a breach of fiduciary duty that caused you economic harm, call (614) 532-4576 to speak to award-winning attorneys in Michigan. We also accept consultation requests online.