Churning Attorney in California
Recognizing Churning
Account churning is the illegal action of excessively trading on an account by a broker, brokerage firm or investment advisor for the purpose of generating commissions. It violates the fiduciary duty that these positions are bound to uphold. If you suspect that your account is being churned we urge you to contact a California securities fraud attorney at our firm. One indication of churning is excessive trading or increased account activity. You should always question these signs when you see them. You have rights as an investor and you should make sure that you know them and are exercising them. If you are unhappy with the answers and explanations you are receiving from your broker or investment advisor, and you feel you are being deceived, you need trusted legal representation to help you resolve this.
California Churning Lawyer
Our firm has been helping investors for over 35 years to restore and protect their rights when it comes to financial investments. As we all know, there has been a tremendous amount of corruption uncovered in the securities industry over the past 5-10 years. Not all brokers are corrupt, and not all investment losses are from broker fraud. Enough of it is, however, to warrant a much closer examination of your account activity and a thorough investigation of anything that looks suspicious. If you have been trying to get answers, and you are unhappy with the response, or you suspect dishonest activity from your broker or advisor, there is legal recourse. Our firm has been assisting investors across the nation and throughout the world to resolve their securities disputes and claims. We have the experience and knowledge that will give you the confidence you need that we are watching out for your rights and pursuing justice for you.
If your broker has excessively traded on your account, or there is any other unusual activity occurring on your account, contact a California churning lawyer at our firm immediately.