Before recommending an investment, an advisor must have a reasonable basis to think the investment is appropriate (“suitable”) for your financial circumstances and investment objectives. The recommendation of unsuitable investments is one of the most common types of advisor misconduct. FINRA reports that more than one in three arbitration cases that are filed include allegations of unsuitability.
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 Unsuitability, 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 Unsuitability, please contact an experienced investment fraud attorney.