Stockbrokers deal with a large amount of money, most of it not their own. Some have the skill and integrity necessary for this type of task but are still the victims of unforeseen circumstances. Others may take advantage.

If you experienced a loss and think that you have a case against your investment broker or stock brokerage, you should come prepared. Hard work, preparation and diligence mean just as much as evidence in these types of cases.

Put in the effort

Statistically, your case against a stockbroker may never go to trial. Settlements are usually a good middle ground for most of these cases, as they make the victims whole again without undue process and cost — you could get some money back without extreme investment of time and effort, in other words.

However, it is very rarely a good practice to prepare a case for settlement. Even if you do not want to go to trial, it is usually wise to make the necessary initial steps for this process. This preparation would increase your knowledge and possibly strengthen your position in the eyes of the opposition.

Do the research

Financial business litigation is almost always complex. You may have to deal with multiple allegations, and possibly even with cases in both the criminal and the civil courts. Common issues could include:

  • Margin violations
  • Various types of fraud
  • Abuse of trading discretion or custody
  • Options abuse

Keep at it

Tenacity is an important characteristic in these types of cases. We are accustomed to the various types of delays in these cases, but we understand they can be frustrating for someone who is not familiar with the business litigation process. Regardless of opposition tactics, we remain tenaciously focused on the goal of resolving these issues in a way that suits the best interests of our clients. Please continue reading on our main website.