Misleading or Incomplete Stock Information Lawyers

Investing in stocks is one way to build a strong financial portfolio and diversify your assets. After choosing to invest, many people turn to stockbrokers or a brokerage firm to ensure they are making the best decisions possible with their money. When you turn to a stockbroker for advice, it is reasonable to expect a level of care, professionalism, and honesty about the investments suggested to you. Unfortunately, many brokers do not use this degree of caution and may choose to lie to clients instead of providing complete information.

At Erez Law, we believe that ordinary people who choose to invest should be able to do so with full knowledge of the risk inherent in their choice. When untrustworthy stockbrokers provide information that is misleading or incomplete, they rob investors of their ability to make smart decisions about where their money goes. If you lost money because of a stockbroker who offered misleading information, you are not alone. Call our firm at (888) 840-1571, engage with our live chat option, or request a free consultation online to learn more about what a stockbroker fraud attorney can do for you.

Do I Need An Attorney?

Investment fraud is a serious crime that can be difficult to litigate. However, if it will stabilize your financial situation, pursuing legal action with the help of an investment fraud attorney will probably be worthwhile. In addition to helping you recover from your loss, a qualified stockbroker fraud lawyer can help with the following:

Hiring a lawyer who understands the details of your case could mean the difference between earning back the money you lost and receiving nothing. Stockbrokers have a responsibility to their clients to provide complete and correct information to the best of their ability. When they fail to do so, they can be held accountable for money lost in the process.

Why Should I Choose Erez Law to Handle my Case?

Across the nation, there is a fair share of investment fraud attorneys. Especially if you have never needed an attorney before, it can be difficult to determine who will represent your interests and who are merely looking to cash your check. At Erez Law, we have a commitment to our clients, and our primary concern is protecting the best interests of everyday investors. Here are a few things we feel set us apart from other firms:

Few investment fraud attorneys have the level of experience and quality of verdicts we do. If you are unsure about whether you should take legal action, contact our firm for your free initial consultation by calling (888) 840-1571, engaging with our live online chat option, or filling out a contact information form.

Types of Misleading or Incomplete Information

It is often a wise decision to listen to the advice of a brokerage. Generally speaking, brokerage firms and stockbrokers understand the gravity of their opinion and choose to recommend valuable stocks and other assets that will help your portfolio. When a broker neglects to tell you essential pieces of information or lies about the investment at hand, they are doing you a huge disservice. Furthermore, their actions are illegal and subject to legal repercussions. You may be able to sue your stockbroker if they engaged in the following activities:

As an investor, stockbrokers and brokerage firms owe you the full picture of any investment, you choose. When they omit or falsify information, you have every right to hold them accountable. Contact our investment fraud attorneys as soon as possible if you have lost money because of a negligent or irresponsible broker.

What type of legislation protects investors from fraud?

The U.S. Securities and Exchange Commission (SEC) is in charge of creating the guidelines that regulate and potentially punish investment firms. These guidelines became particularly crucial after the high-profile Enron securities fraud scandal discovered in 2001. The scandal led to the creation of the Sarbanes–Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act.

This piece of legislation added stricter guidelines by which public companies and many private companies have to comply. The Public Company Accounting Oversight Board (PCAOB) is intended to shield investors from securities fraud by ensuring public corporations are operating honestly.

Why does transparency in financial reporting matter to investors?

Transparency is essential when you are investing in stocks. If you are unsure of the specific details and probable outcomes of your investments, it is impossible to know whether you are making a rational decision. Many investors have dedicated years of their lives to earning money for retirement and the wellbeing of their families. When a stockbroker or brokerage firm omits or misrepresents information, they are undermining their client and putting a lifetime of work at risk. Contact a dedicated investment fraud attorney if you were the victim of a dishonest corporation.

National Fraud Statistics

White collar crimes often do not make the evening news because they are typically not as sensational as other wrongdoings. Even so, incidents of fraud are widespread in the United States. Millions of people put in the time and effort to build their financial portfolio and reach fiscal stability. When a negligent or reckless brokerage places the economic security of hardworking Americans at risk, the results can be devastating. The National Center for Victims of Crime reported the following:

Also, they reported the following about securities fraud for the fiscal year 2011:

Although the number of fraud cases is high, there is still hope for restitution if you were the victim of securities fraud. Do not let irresponsible brokers off the hook for their negligence. Contact an investment fraud attorney today.

Contact Us

Recovering from fraud related to misleading or incomplete information can be a slow process. Hiring an attorney and pursuing legal action is the best way to ensure that you receive the money you need to recover financially from investment fraud. Contact Erez Law to learn more about your legal options by calling (888) 840-1571, using the live chat feature on our website, or filling out an online contact information sheet today.