United States Unsuitable Securities Attorney
Are you an investor who has lost money because you believe your broker made investment recommendations that were inconsistent with your financial, needs and investment risk tolerance? If so, you may be the victim of something called “unsuitability.” In 2012, FINRA issued a new Suitability Rule that covers securities investment strategies and recommendations to hold.
Brokers and investment advisors have an obligation to recommend investments and investment strategies that are consistent with or suitable to the needs and goals of each customer.
Contact us today for immediate legal (as opposed to financial) advice on how you should proceed. Unsuitable securities recommendations can cause serious damage to your financial well-being and put you in a precarious financial situation. If this has happened to you, we can help you set things right and recover compensation for the money you have lost.
Before making any investment recommendations, brokers or investment advisors should have a thorough knowledge of both the product they are recommending and the investment goals of the customer to whom they are making the recommendation. If those elements don’t match up and a loss results, there is the likelihood of a recovery.
In addition to representing investors, our firm also defends brokers against charges of unsuitability. If you are a broker facing a customer complaint regarding unsuitability, contact us immediately. Our experienced New York unsuitable securities attorneys can help defend your name and defend you in disciplinary actions under the new Suitability rule.
That fact is, we know both sides of these issues better than most lawyers know one side, and we stand ready to put that knowledge to work for you.
Contact our accomplished New York unsuitable securities attorney today for experienced advice and adept representation from skilled professionals who are recognized from coast-to-coast as preeminent authorities on securities law, investor fraud, and securities arbitration.
The New York law firm of Kaufmann Gildin & Robbins LLP provides astute advice and counsel and dedicated, effective representation to investors and brokers throughout New York City, the United States, and around the world.