Securities Claims Litigation

Today, many individuals and families own stocks, bonds, and other investment securities. Roland & Schlegel, P.C. is available to represent individuals and families who believe their financial representative has mismanaged their portfolio of investments.

Claims against stockbrokers may include situations where the stockbroker, financial representative or financial institution recommended the wrong type of investment. Investments in stocks, bonds, or other financial investments which are unsuitable for the investor often lead to losses. For example, many elderly individuals or families have been told to purchase stocks, bonds, or other financial investments that have a high risk of loss. Typically, it is unsuitable for a stockbroker, financial representative or financial institution to recommend the purchase of a stock, bond or other investment security that is too risky for the customer. If the customer's needs are ignored or the financial representative fails to inquire into the customer's tolerance of risk and investment needs, then the law can provide a basis for recovery.

A financial advisor has the fiduciary duty of trust. This duty of trust requires the financial advisor to act in the best interest of the investor. Stockbrokers, financial representatives and financial institutions that breach this duty of trust may have legal responsibilities and may be liable to their customers when this duty is breached.

Roland & Schlegel, P.C. provides legal representation to individuals who believe they have claims against stockbrokers, financials representatives or financial institutions. Roland & Schlegel, P.C. serves and protects individuals or families who have suffered losses caused by improper advice, unsuitable investments, improper churning of an account, and/or breach of fiduciary duty. Roland & Schlegel, P.C. has experience in filing claims with the National Association of Securities Dealers, the New York Stock Exchange, the American Arbitration Association, and other similar organizations. Roland & Schlegel, P.C. can help you determine if you have a legitimate claim and/or whether you are entitled to a financial recovery.