Broker Fraud

Have You Lost Your Investment Due to Stockbroker Fraud?

Have you lost your investment or perhaps your entire life savings because you relied on misleading information supplied by your broker? The stockbroker liability attorney Christopher Bebel can help. Contact the Houston, Texas Bebel firm today for a free initial consultation and analysis of your case.

Brokers Are Required to Know Their Customers

Stock brokers are required by the NASD to keep the best interests of their customers at the forefront of their decision making at all times. And, they are required to have an in-depth knowledge of their customers, including their:

• Investment Goals
• Financial Limitations
• Risk Tolerance

If a broker advises a client to engage in risky investment practices that run counter to these objectives, the broker's employer may be held liable for losses the customer incurs. If you have experienced the loss of your investments due to the negligence of your stock broker, you may be able to recover money damages.

Contact the stock broker fraud law firm of Christopher Bebel, Esq., P.C., which serves investors nationwide, for immediate assistance and free case evaluation.

Common Forms of Broker Fraud

Some of the most common forms of broker fraud are as follows:

• Churning
• Excessive Trading
• Misrepresentation
• Purchase of Unsuitable Securities
• Unauthorized Trading

Stock brokers are paid commissions for the transactions they generate, which can lead to instances of churning, which is essentially a form of excessive trading for the purpose of generating commissions for the broker rather than meeting the investment goals of the client.

Moreover, brokers are required to gain the permission of their clients before they conduct any transaction on their behalf. When a broker acts without a client's consent, this is considered unauthorized trading. If your broker is buying or selling stocks on your behalf without your permission, or you believe that any other abuses are being committed, contact Lawyer Christopher Bebel for a free initial consultation.

Christopher Bebel, Esq. P.C., proudly serve residents of Alabama, Alaska, Arizona (Phoenix), Arkansas, California (Los Angeles, San Diego, San Francisco), Colorado (Denver), Connecticut, Delaware, Florida (Jacksonville, Miami), Georgia (Atlanta), Hawaii (Honolulu), Idaho, Illinois (Chicago), Indiana, Iowa, Kansas, Kentucky, Louisiana (New Orleans), Maine, Maryland (Baltimore), Massachusetts (Boston), Michigan (Detroit) Minnesota (Minneapolis), Mississippi, Missouri (St. Louis, Kansas City), Montana, Nebraska, Nevada (Las Vegas), New Hampshire, New Jersey, New Mexico, New York (New York City), North Carolina, (Charlotte), North Dakota, Ohio (Columbus and Cleveland), Oklahoma, Oregon (Portland), Pennsylvania (Philadelphia), Rhode Island, South Carolina, South Dakota, Tennessee (Memphis and Nashville), Texas (Dallas and Houston) Utah, Vermont, Washington (Seattle), Washington D.C., West Virginia, Wisconsin and Wyoming and their surrounding areas.