Breach of Fiduciary Duty

Financial advisors or securities firms often have fiduciary duties to their clients. A fiduciary is obligated to place the interests of person to whom he owes the fiduciary duty (the investor) above his own interests. Thus, your financial advisor may have a legal duty to place your interests above his own when giving you investment advice. Financial advisors are generally considered to owe fiduciary duties to their clients when exercising discretion or making investment recommendations. Fifty-six percent (56%) of FINRA arbitrations filed in 2010 included a breach of fiduciary duty claim.

The investment and securities fraud attorneys at Moulton & Arney, LLP have extensive experience representing individual investors in securities arbitration and litigation. Cindy Moulton and Lance Arney have successfully represented thousands of clients in securities and investment fraud cases, with combined claims of hundreds of millions of dollars.

If you have suffered an investment loss due to a Breach of Fiduciary Duty, you may be entitled to recover all or part of your investment.  To find out more about your potential claims against your broker/financial advisor, investment firm, or securities firm for Breach of Fiduciary Duty, please contact an experienced investment fraud attorney.