Did you trust your stockbroker's advice and invest in variable annuities — an investment which proved disastrous? Do you suspect stockbroker misconduct or brokerage liability? Was your stockbroker in fact engaging in churning for the sake of commissions, without sufficient regard for the outcome from your point of view?
Did Your Stockbroker Choose Unsuitable Sub-Accounts?
A stockbroker who makes riskier choices than what a customer is willing to accept is a stockbroker who failed to know his or her customer or failed to act in the customer's best interests.
Perhaps key facts were not disclosed, such as penalties for early withdrawal — and these penalties ate into your profit or brought about a net loss. Perhaps the variable annuities are tied with risky stock or bond investments which proved unwise.
Whatever the specific circumstances behind the loss of your investments, you are right to question your legal remedies if a stockbroker recommended unsuitable financial products or engaged in unauthorized trading in variable annuities with your funds. Talk to an experienced Miami variable annuities lawyer at our law firm to learn how we may be able to help you recover part or all of your erroneous investments.
Dimond Kaplan & Rothstein, P.A., is an AV-rated* litigation boutique law firm that has been recognized as a "Top Law Firm" by the South Florida Legal Guide in 2006, 2007, 2008 and 2009. Our Miami variable annuities lawyers represent investors throughout the United States, including New York City and Los Angeles, and other countries in stockbroker misconduct cases, as well as commercial litigation and class action litigation.
Our securities clients in Miami, Ft. Lauderdale, West Palm Beach, Los Angeles, Beverly Hills, and New York have suffered securities investment losses due to the negligence, incompetence, fraud or dishonesty of stockbrokers and brokerage firms. If you feel that you have lost money as a result of stockbroker or brokerage firm misconduct, contact us in Miami, New York, Los Angeles, or West Palm Beach for a free consultation with a churning attorney.
*CV, BV, and AV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards, and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.