When Your Broker Or Advisor Does Not Provide Sufficient Or Accurate Information

Your broker or advisor has a duty of care to you as their client. They are required to provide you with all of the relevant information regarding any investment opportunity they are advising you on. When they fail to do this and suffer significant financial harm, it may be in your best interest to pursue a misrepresentations and omissions claim.

As an investment attorney with over 25 years of experience, Richard Lewins understands what it takes to win these cases. As a former broker himself, he also understands the intricacies of the market and investing. He founded LewinsLaw, P.C., to be able to offer investor clients the insight, experience and dedication they need to hold brokers, advisors and brokerage firms accountable.

Types Of Misrepresentations And Omissions

There are unfortunately many ways a broker, advisor or brokerage firm can mislead, defraud or abuse investors. Here are some common examples of misrepresentations and omissions in regard to securities law.

• Hidden fees
• Risks that you were not informed of
• Selling away – if your broker sells you securities that are not from the executing brokerage firm
• There are transactions that you were never consulted about
• If you were guaranteed that an investment would perform well
• If you were sold stocks for a company that you were not told was in bankruptcy
• If you were sold products that do not align with your goals or life expectancy (such as selling a long-term mutual fund to someone who is in their 90s)

Additionally, if something seems “off” and you reach out to your broker or advisor and cannot get a hold of them, and they never respond to your emails texts or phone calls, this can be a sign of negligence. Your advisor may be held to fiduciary duties or suitability as their standard of care.

Work With A Former Broker Turned Attorney

Attorney Richard Lewins was a broker before he became an attorney. He understands the investment world at a level most attorneys can’t. If you’ve suffered significant financial loss due to the fraudulent or negligent behavior of your broker or advisor, call for a free consultation to find out what you can do about it. Call 972-893-9245 or send an inquiry email, and Mr. Lewins will get in touch with you. Serving clients in Dallas, Texas and nationwide, Mr. Lewins is dedicated to protecting the rights of investors.