Stockbroker fraud can rob innocent people of their retirement or even their life savings. Unfortunately, stockbroker misconduct and fraud have become more common in the last few years. Have you become the victim of stockbroker fraud? If you have, our stockbroker fraud lawyers can help you recover losses caused by the fraudulent actions of stockbrokers and their firms. Stockbroker fraud or inappropriate behavior include trades involving stocks, bonds, commodities, mutual funds, "penny" stocks, "junk" bonds, as well as other investments performed by your stockbroker.
What is Stockbroker Fraud?
There are many categories of stockbroker fraud. Typically, stockbroker fraud consists of inappropriate actions of your stockbroker or the brokerage firm. Besides the obvious illegal behavior such as theft, other types of stockbroker misconduct includes churning, "pump and dump" schemes, short selling, unauthorized transactions, unsuitable investments, or even incompetence and negligence by stockbrokers.