It is common for victims of fraud to be under the impression that there is nothing they can do to hold brokers accountable. However, that is not the case. The Securities Lawyers can help you report investment fraud and hold your stockbroker accountable for the unfair losses you have experienced.
Yeah, I think a lot of times investors don't bring claims forward for a myriad of reasons. The first might just be that they don't even know that that's something they could do, that there's this forum set up in place to do that. The other is they're afraid of cost or time or even embarrassment. I'm surprised how often it is, when I'm talking to my clients who are bringing claims and invariably, they say, "I should have known. I should have realized. I can't believe I was so stupid to be tricked by this person into this bad investment or to be defrauded in the way I was."
And it's an understandable feeling. But the reality is, for many of these bad brokers, the ones that we're sort of litigating against, they're professionals at it. You know, people go to a broker because they don't know anything about investing, and they're hiring somebody who they trust to do what's in their interest and make good recommendations to them. And if they get duped by a fraudster or sold something they shouldn't have been or put into things that really cause them to lose money that shouldn't have happened, the natural inclination is to feel like it's their own fault. But at the end of the day, we have laws in place that say a broker has certain duties to you. He's supposed to do certain things in a certain way, and if he doesn't do those things, you do have a claim. And I don't think a lot of investors realize that, or that they even have the ability to do it.