California Unsuitable Securities Lawyer
Information on Unsuitability
When your investment broker makes an investment recommendation, it is mandatory that he/she makes a reasonable attempt to ascertain your investment objectives prior to making the recommendation. If a recommendation is made that is unsuitable for your circumstances, your broker may be held liable for misconduct. A skilled and knowledgeable
California investment fraud attorney from our firm can help you to be certain your legal rights regarding your brokerage investments are protected.
In order for your financial investment advisor to be able to make a recommendation for you, he must first determine if this recommendation is suitable for your financial circumstances, including your financial investment objectives as well as your financial and tax status. A record must be kept by the brokerage firm of any important financial information regarding you and your account. This record must be updated by your broker whenever your financial situation alters. If this record is not kept current, your broker may make recommendations that are unsuitable for your current financial circumstances. A broker must also be current on which stocks are presently in your portfolio in order to prevent overconcentration in one stock which can be a risky and therefore unsuitable investment for you.
Unsuitable Securities Attorney Serving California
The legal professionals at The Law Offices of Jonathan W. Evans & Associates have 35 years of experience in securities fraud law, successfully helping clients to protect their rights. If you feel you might be a victim of investment fraud, you can rest assured that we will do everything we can to bring about a successful resolution to your securities fraud dispute. We are committed to devoting all of the necessary time and resources into launching a thorough investigation into all aspects of your case.
Contact a California unsuitable securities lawyer
from our firm today to discuss your legal needs and options.