For experienced investors, it is common knowledge that cases of fraud will still continue to occur even with the amount of protection built into the securities market. When such unfortunate incidents happen, many investors do not know what to do and whom they can turn to for assistance. At Weltz Law, our team of attorneys will help you to recover the money you lost. We are specialized in securities litigation, so you can be sure that we will offer you the best legal services and advice possible.
Michigan is a state with a population of around 10 million people. The biggest city in Michigan is Detroit, known as the one of the largest metropolitan economies in the country. Even though the economy in Michigan is diverse, it is hugely known as the center of the automotive industry in the United States, which was developed as a huge economic driving force in the early 20th century. Michigan is also home to the three main automobile companies in the country. The Upper Peninsula is crucial for tourism with its abundance of natural resources, while the Lower Peninsula is known for being the center of forestry, manufacturing, and agriculture.
The relationship between an investor and the broker is primarily based on the principle that the broker will act in the best interests of the client at all times. Unfortunately, there are exceptions. Some stockbrokers are known to place their personal interests and gains over the financial goals of the client, partaking in dubious activities. For instance, one common trick known as churning takes place when the stockbroker engages in a number of transactions on the behalf of the client. In such instances, the broker does this with the aim of getting more commissions for themselves, going against the principle that the transactions should only be directed at achieving the financial goals of the investor.
When such instances of fraud occur, securities litigation lawyers will be able to help you regain your losses. At Weltz Law, we will always listen to your case attentively and understand your situation before offering you the best legal advice. In addition, if there is any arbitration or litigation process that might ensure, we can represent you as well. Call 877-905-7671 to get in touch.
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Beverly Hills, CA 90210
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