Fiduciary duty is the relationship that exists between an investor and his or her stockbroker, for example. In this relationship, it is of the utmost importance that the fiduciary, that is, the stockbroker or brokerage firm, acts in a responsible manner while being in control of the investor's assets. If the fiduciary fails to do so, that individual or firm may be in break of fiduciary duty, or fi-du. It is the job of a fiduciary to act in the best interest of their clients, and this includes making wise investments that will earn money for their clients, not lose money. The trust between an investor and fiduciary is greater than between a mere financial advisor and his or her client, because a fiduciary may have access to the client's money and may have the power to make investments on his or her client's behalf. Being able to use a client's money without asking them first indicates a close professional relationship that must be respected and ethically adhered to. If you feel your broker may have been in breach of fi-du, you may have options available for legal recourse against them, as they have an ethical responsibility to do their best for you. Contact a California securities arbitration lawyer from our firm today to discuss your options if you have been the victim of a breach of fi-du.
Breach of Fi-Du Lawyer Serving California
At The Law Offices of Jonathan W. Evans & Associates, we understand how earth-shattering it can be to realize your investment brokers have not been acting in your best interest and are in breach of their duties. You need to seek legal recourse against them in an attempt to recover your losses that you suffered as a result of their breach of fiduciary duty. With over 35 years of experience in financial law, include breach of fi-du cases, our firm can offer you the legal counsel and representation you can count on in this difficult time.
Contact a California breach of fi-du lawyer from our firm today if you believe you have a case against your fiduciary.
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