Cleveland Stockbroker Fraud Lawyer
Ohio Securities Fraud Attorney
Have you suffered a serious financial loss due to the misconduct of a stockbroker or financial advisor? You are not alone. Every day investors across the country put their trust in financial professionals only to have it blatantly disregarded. Fortunately, the law provides an opportunity for recourse through securities fraud lawsuits.
After more than 30 years of legal practice, the securities fraud lawyers at Garson Johnson LLC, in Cleveland, Ohio, have come to realize that a stockbroker or financial advisor, who breaches his or her fiduciary duty with one client, will often do so with many clients. As experienced and successful litigation attorneys, we aggressively pursue justice in the courtroom against the offending parties.
Unlike many litigation firms, we handle a majority of securities fraud lawsuits on a contingency basis. This means our clients will not be charged attorney fees unless we are successful in securing a recovery or settlement.* Contact our Cleveland office by e-mail, or call 216-696-9330 for a complimentary consultation.
Claims of Securities Fraud in Ohio
Decisions regarding investing are always yours to make. You decide how to divide your assets and when to buy or sell stock. However, many of us grant our stockbrokers express permission to make certain financial decisions on our behalf.
While stockbrokers are not typically responsible for losses, they are bound by ethical and professional responsibilities that limit the potential losses you face. When these responsibilities, known as fiduciary duties, are compromised through deliberate misrepresentations or omissions, or other fraudulent activity, legal action is warranted.
Unauthorized Trading and Poor Investment Advice
A stockbroker is never permitted to trade on your behalf without your permission. When an investment broker purchases or sells your stocks for the purpose of creating a commission, a process called churning, he or she is breaking the law. Churning can also lead to stockbrokers providing you with bad investment decisions. If you feel you have been taken advantage of by your broker, we can help.
When a particular brokerage firm makes the decision to put its interests before those of its clients’, it is rarely a one-time occurrence. Numerous clients may have been subjected to unlawful treatment, paving the way for a potential class action suit. Our firm has the skill, experience and resources needed to pursue complex class action litigation.
Contact Garson Johnson LLC
Contact us at 216-696-9330 with any questions or to arrange a complimentary initial consultation. Our investment fraud attorneys will take the time to answer any questions you may have.
Has your client been denied coverage for a substantial, legitimate insurance claim? We may be able to help. Garson Johnson LLC welcomes referrals from attorneys and accountants.
*Typically our Cleveland law firm charges no attorneys’ fees for business litigation services unless our clients benefit from those services through a successful settlement or verdict. However, clients are responsible for expenses related to litigation.