Broker misconduct in Michigan can cost investors hundreds of thousands of dollars. Broker misconduct can refer to many different illegal or unethical actions that violate the regulations of organizations such as the Financial Industry Regulatory Authority and the U.S. Securities and Exchange Commission.
At Meyer Wilson, our attorneys have spent years exclusively handling investment fraud claims. We may be able to bring a claim against a stockbroker for misconduct on your behalf. Please call today for a free case review.
Dealing with a negligent or fraudulent stockbroker by yourself could expose you to further violations of your rights, such as a firm offering you a lowball settlement to try to resolve your claim. If you hire an attorney, however, you can rest assured that someone with experience is looking out for your best interests. A lawyer from Meyer Wilson can carefully review your case, personalize a legal strategy and take action in pursuit of recovery on your behalf – all while you focus on your future.
A stockbroker may negligently or intentionally engage in acts of misconduct. Negligent misconduct may come from the careless treatment of an investor’s portfolio, such as failing to take the appropriate amount of time to review an investment opportunity before recommending it to the client. Intentional misconduct is fraud – knowingly deceiving the investor for the broker’s financial gain. Stockbroker misconduct can take many shapes and forms in Michigan.
From making unauthorized trade deals with an investor’s assets to buying or selling securities at an unreasonable rate for commissions, a stockbroker could engage in many acts of misconduct that ultimately cause economic injury to the investor. At Meyer Wilson, we can review your current circumstances for signs of broker misconduct. If we believe you have a case, we can then help you bring a claim against the appropriate party in Michigan.
Broker misconduct is a serious type of wrongdoing. Investors fully trust their stockbrokers and financial advisors to make the right decisions for them based on their needs. They may invest hundreds of thousands of dollars on a broker’s recommendation, only to lose it all. If you and your family suffered economic losses and you suspect broker misconduct caused them, you may have grounds to file a civil claim.
A successful civil lawsuit against a broker and/or firm could lead to recovery for all your losses.
Find Out What Your Case Could Be Worth
If you believe you are the victim of broker misconduct in Michigan, the attorneys at Meyer Wilson can help. Our lawyers can protect your rights and stand up for you every step of the claims process, starting with a free consultation at no obligation to hire our law firm. Contact us to schedule yours.