Auction Rate Securities Fraud Attorney

Recognizing Securities Fraud and Taking Action

Understanding securities fraud is crucial to knowing whether or not you have a case that validates taking legal action. It is important to understand that not every investment loss constitutes a valid lawsuit. While your broker is responsible to make smart decisions with your money, he or she is not always fully liable for every loss that might occur.

A great number of state and federal laws control securities fraud cases. These laws rule against a breach of fiduciary duty, securities fraud, and unfair business practices, among other issues. If your broker has broken these laws, you have the right to take legal action to be compensated for your losses.

Securities fraud refers to a broker’s attempt to deceive you with the information surrounding your investments. This may be done by misrepresenting an investment or omitting certain important facts about your investments. Often times, this is done to disguise the high level of risk that is being taken with your investments.

If you are unsure whether or not you have been a victim of securities fraud, you should ask yourself one question:

• Did I ever make an investment based on misleading information (which I now know to be untrue) provided to me by my broker?

Speaking with a skilled securities fraud attorney is the first step in taking legal action. Unlike normal civil court cases, auction-rate securities fraud cases are heard by an arbitration panel. Your lawyer will be able to help you organize a strong case on your behalf.

Contact an Auction-rate Securities Fraud Lawyer Today

Call 800-220-9341 today to schedule your initial consultation with an experienced auction-rate securities lawyer at the law firm of Williams Kherkher.