Some investment types are more problematic than others when it comes to investor fraud. That’s not because they’re fraudulent by themselves – some investors may even benefit from these securities.
The problem is, certain ‘specialty’ investments pay the brokers who sell them very high commissions, making them exceedingly attractive to fraudsters looking to make a quick buck from an unsuitable sale.
Different Investment Types
Make sure you do your research about the actual risks and dangers of any investment your broker recommends before you agree to purchase it. Your broker may not be telling you everything, especially if he’s recommending you buy the following:
Exchange Traded Funds
Mortgage Backed Securities
Real Estate Investment Trusts
Reversible Convertible Securities
Unit Investment Trusts
Don’t Take it on the Chin! Get Your Money Back!
When a stockbroker or brokerage firm purposefully wrongs you, lies to you, or completely ‘drops the ball’ on your account, you deserve compensation for any and all damages that happen as a result.
State and Federal laws exist to protect investors from investment fraud; however, you must take action to preserve your rights and receive the compensation you deserve.
If you were financially harmed by your brokerage firm or stockbroker, or if someone in your family has been taken advantage of, compensation is available.
Stock fraud victims may be eligible to receive payment for:
- Investment losses
- Attorney’s fees and legal costs
- Punitive damages
No matter what state you live in, how old you are, whether or not you’re retired, and no matter what your nationality is, The Michael Brady Lynch Firm can help. For a free and totally confidential consultation, contact us today. We will listen to you, answer any questions you may have and discuss your legal rights and options.
Let us help you win the compensation you deserve.