California Securities Arbitration Attorney

One of the most important jobs of a stockbroker is determining the suitability or unsuitability of potential investments for his or her client. When you hire a stockbroker, you place a large amount of trust in them to give you recommendations that are suitable for your financial situation. When a stockbroker makes a recommendation, he or she must provide a "reasonable basis for recommendation" which means he or she must have legitimate reasons for advising for or against a particular investment. If it comes to light that a stockbroker recommended an investment that was unsuitable for his or her client, and a financial loss was sustained, the stockbroker may be held liable for the damages. If you have suffered a financial loss due to the poor advice of your investment or stock broker, contact a California investment fraud attorney from our firm today to discuss your legal options.

While there is always an inherent risk involved in financial investments, you rely on your broker to ensure that you are not investing in something that will likely lead to a loss. If they fail to properly assess and advise you, they may be guilty of misconduct. Each person's financial circumstances are different and unique, and it is your broker's job to assess and advise you based on your needs, both now and in the future. If your broker has encouraged you to invest in an unsuitable investment product or business, you may be able to take legal action to recover your financial losses.

Investment Fraud Lawyer in California

At The Law Offices of Jonathan W. Evans & Associates, we understand how frustrating it can be when your trust in your stockbrokers, brokerage firm, or financial advisors proves to have been misplaced or ill advised. Furthermore, if you have suffered a serious financial loss, your livelihood may be at stake. Our firm has over 35 years of experience in financial law, and we can help you seek to recover your losses through decisive legal action against those involved. Contact our firm today if you have reason to question the suitability of your investment.

Contact a California securities fraud lawyer from our firm today if you believe you have a case of an unsuitable investment on your hands.