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Investment disputes can spur a need for securities litigation

Posted by William J. Cook | Nov 22, 2017 | 0 Comments

Many individuals in Florida and elsewhere have chosen to entrust their investment options into the hands of a financial adviser. While this decision isn't a guarantee of success, one does have the right to a certain standard of performance. Should a person feel as though another party has acted unlawfully, he or she could choose to pursue restitution through securities litigation.

When a person chooses to enlist the services of a financial entity for investment advice, he or she may do so with the understanding that there is no promise of automatic profits. However, one does retain the right to receive recommendations and service in accordance with his or her preferred level of risk, as well as documentation of any and all financial agreements and transactions. Should these transactions result in a monetary loss, one might have to simply accept this risk and move on, but if the presence of wrongdoing is suspected, further action may be in order.

In some cases, a person might be misled by financial brokers or advisers, and pursuing an investment opportunity without all the facts can be devastating. An individual may also believe that a financial transaction was outside his or her preferred level of risk. While a person could choose to file a complaint with the financial institution, this may not always resolve the issue, potentially leaving one uncertain of the next steps to take.

Regardless of how it occurs, if one feels as though a broker or adviser has acted unlawfully, he or she could choose to pursue accountability through the civil justice system. Since such matters can be complex, a person could find it beneficial to speak with an attorney with experience in securities litigation. An attorney can thoroughly examine the situation and advise a client in Florida on the best course of action with which to proceed.

Source: CNBC, “Feeling ripped off? How to resolve disputes with a broker or financial advisor“, Nov. 13, 2017

About the Author

William J. Cook

William J. Cook represents clients in matters involving business litigation and commercial and employment disputes, securities litigation, business transactions and counseling, and insurance. Mr. Cook's peers have awarded him with the highest possible rating of AV-Preeminent* by Martindale-Hubbell, which speak...


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